United Arab Emirates

The standard corporate income tax rate in the UAE is set at 9% on taxable income above AED 375,000.

The corporate income tax rate is set at 0% for taxable income not exceeding 375,000 UAE dirham (AED) or qualifying income of a Qualifying Free Zone Person (QFZP).

There is currently no personal income tax in the United Arab Emirates. As such, there are no individual tax registration or reporting obligations.

Taxable supplies and imports are subject to the standard VAT rate of 5%.

Zero-rated supplies generally include: exports, qualifying international transportation, the supply or import of qualifying investment precious metals, the first supply of newly constructed residential properties within three years of completion, and education services that meet the statutory conditions, among others.

Filing deadline: within 28 days after the end of the tax period.

The UAE imposes excise tax on certain products: tobacco and tobacco products at 100%, e-liquids at 100%, electronic smoking devices at 100%, and energy drinks at 100%; sweetened beverages are subject to tiered specific taxation based on sugar content.

Individuals: Generally, there is no personal capital gains tax, as the UAE does not levy personal income tax.

Companies: Capital gains are generally treated under corporate tax rules and typically fall within the scope of corporate tax, unless special rules such as the participation exemption or QFZP (Qualifying Free Zone Person) apply.