Tyche FD
yes, there are currently 2 different taxes in UAE. VAT & Corporate Tax to be precise
Josna Thomas
The UAE does indeed impose a value-added tax (VAT). It was first implemented in 2018 and is now set at a rate of 5%.
Jenifer. Lovely
The UAE did not impose personal income tax or value-added tax (VAT) on individuals. However, the UAE introduced VAT in January 2018, which applies to most goods and services, including businesses. The standard VAT rate in the UAE was 5%.
Bryce Dsouza
There is no personal income tax in the UAE. However, employees who are GCC nationals are subject to a social security regime of 17.5%. Those who are UAE nationals pay 5% and the employer pays the further 12.5%. There is also a property tax if you transfer property in the UAE: 4% in the Emirate of Dubai and 2% in the Emirate of Abu Dhabi. Is there anything else you would like to know?
Steve Rogers
Yes, there is a value-added tax (VAT) in the UAE. It was introduced in 2018 and is currently set at a rate of 5%.
Adam Franz
Yes, UAE has some other taxes than VAT. They are the newly introduced Corporate Tax, Excise Tax, and Taxes in Tourist Facilities. You can read more about that on UAE's official website
Bella Linton
Other than the UAE VAT system, there are no other taxes in UAE. Still, I have heard that some of the emirates have their own taxes and fees. Please contact a leading VAT consultancy in your area for more information.