My Money

My Money

No personal income tax on salaries in the UAE

Employees in the UAE keep their full salary, because the country does not charge personal income tax on employment income.

By Editorial Team · October 1, 2026

My Money

VAT in the UAE has been 5% since 2018

The UAE introduced a 5% value-added tax in 2018, a low rate compared with many countries.

By Editorial Team · September 30, 2026

My Money

Corporate tax: 0% on the first AED 375,000 of profit

Since 2023, businesses pay no corporate tax on taxable income up to AED 375,000, and 9% above that.

By Editorial Team · September 29, 2026

My Money

The dirham is pegged to the US dollar

The dirham has been pegged to the dollar since 1997, which gives savers and businesses stable exchange rates.

By Editorial Team · September 28, 2026