Despite the fierce competition in the tax system among countries around the world, the UAE remains the dominant tax system.
There are no income or inheritance taxes in the UAE.
And the UAE is exempt from consumption tax and corporate tax.
In the future, it has become commonplace for businesses and individuals to select the most advantageous tax system from around the world and reduce their tax burden in a fairly positive manner.
FAGT aims to be a service that offers free tax options to companies and individuals in various regions of the world to select an advantageous tax system.
|Rank||Country||Corporate tax rate|
※Source: OECD TAX DATABASE Table II.1. Statutory corporate income tax rate
In the international rules of online payment, the tax system of the country to which the server to be settled belongs is applied.
In other words, it belongs to the server's nationality regardless of the user's nationality or location.
In other words, the distribution of e-books, videos, music content, etc. is governed by the tax system of the country to which the server belongs, and in-flight duty-free items on airplanes are non-attributable.