0% personal income tax! 5% VAT. New 9% corporate tax (2023). Still one of the world's most tax-friendly places.
• 0% — ZERO!
• No tax on salary, bonuses, allowances
• No tax on
investment income
• No capital gains tax
• No inheritance tax
• Take home
100% of your salary!
• This is THE #1 reason people move to UAE
• 5% VAT since 2018
• One of the lowest in the world
• Applies to most
goods and services
• Exemptions: Healthcare, education, public transport
• Zero-rated:
Gold & diamond (investment)
• Tourist VAT refund available
• 9% on profits above AED 375,000 (since June 2023)
• 0% up to
AED 375,000
• Free zone companies: 0% (qualifying income!)
• Still lowest
in the world
• No withholding tax on dividends/interest