Dubai taxes

    In addition to a first-class standard of living, Dubai also offers a tax-free environment for private and legal entities.

    Income and wealth tax
    No income tax is levied in Dubai. All types of personal income are tax free. This includes salary, pension, rental income and capital income such as dividends, interest and capital gains of all kinds.

    There is also no wealth tax. There is also no tax on real estate property.

    Real Estate Gains, Inheritance and Gift Tax
    In Dubai, no real estate gains tax is levied on the resale of real estate. However, there is a 4% transfer fee on real estate transactions, which is usually paid by the buyer.

    Inheritances and gifts do not have to be taxed either at the time of death or upon receipt of an inheritance or gift.

    Value Added Tax
    As of 01.01.2018, a value added tax of 5% was introduced in the United Arab Emirates.

    Residence and residence permit in Dubai

    There are basically three ways to obtain a residence permit:

    Company Formation
    By registering a company, the company acts as the owner's sponsor for obtaining an investor visa, which is valid for three years.

    Find out more about company formation here.

    Real Estate Purchase
    By purchasing real estate worth at least AED 1,000,000, one is also eligible to apply for an Investor Visa valid for three years.

    Classic employment with a company
    An ordinary work visa, which is valid for two years, can be obtained through classic employment with a company in Dubai.