Indian Citizens Starting a Business in UAE Dubai: 2026 Guide
Overview for Indian founders opening companies in Dubai, covering visa options, financial rules, and costs in 2026.
The exact change
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.
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.
Suggested change
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.
Why this is better
The Liberalised Remittance Scheme TCS threshold was stated as 700,000 INR when the correct current threshold is 1,000,000 INR.
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