There is no tax on personal income in the UAE, no tax on capital gains and other capital income (dividends, etc.).
Therefore, a resident of the Emirates receiving a salary, dividends or capital gains, will not be subject to any taxation.
Wealth Tax
There is no wealth tax in the Emirates.
Payroll Tax
There is no social security (neither salary, nor employer) in the Emirates. However, it is required to have health insurance as soon as you have a residence visa.
GIFT TAX
There is no gift tax in the UAE.
If a property located in Dubai is donated, there is 0.125% tax (calculated on the market value of the property donated) if the property is passed on to a person who is “blood relative”. Otherwise, the tax is 4%.
INHERITANCE TAX
There is no inheritance tax in the UAE.
If a property located in Dubai is passed on as part of an inheritance, there is a 0.125% tax (calculated on the market value of the donated property) if the property is passed on to a person who is “blood relative”. Otherwise, the tax is 4%.
