Indian Citizens Starting a Business in UAE Dubai: 2026 Guide

What has been corrected on this page?

Every accepted correction to this page is recorded with the exact change, so readers can see how the page improved over time.

1. 14 July 2026 · corrected by Ilayda Nil Kara

   Corrected the Liberalised Remittance Scheme (LRS) Tax Collected at Source (TCS) threshold, which had been stated as 700,000 INR; the current threshold is 1,000,000 INR. Also corrected the estimated number of Indian expatriates in the UAE from 3.5 million to 4.3 million. The LRS threshold was further confirmed corrected in the paired FAQ data during a later consistency audit.

   Before

   Remittances flowing through LRS attract 20 percent Tax Collected at Source (TCS) above the 700,000 INR threshold (effective October 2023), refundable when the Indian tax return is filed.

   After

   Remittances flowing through LRS attract 20 percent Tax Collected at Source (TCS) above the 1,000,000 INR threshold (effective October 2023), refundable when the Indian tax return is filed.

   Why: The Liberalised Remittance Scheme TCS threshold was stated as 700,000 INR when the correct current threshold is 1,000,000 INR.

   View the full record →

Who checked this page?

1 contributor has checked "Indian Citizens Starting a Business in UAE Dubai: 2026 Guide" on Corpy. Each name below links to that person's public CitePep profile, where every contribution they have made is listed with the exact change they proposed.