How much tax is there on Crypto in Dubai?

dharmendar

Lately, there have been several news reports that Dubai is becoming a crypto hub. How much is the tax on crypto in Dubai?

gopal

Dubai has zero personal income tax on crypto and that is the reason why the industry is growing so fast in the UAE. If you are a crypto trader like me, you can make a lot of money if you make profits consistently.

raman

That depends on whether you are asking fro personal income tax, capital gains tax on crypto, or business tax on crypto. Personal and capital gains tax on crypto is 0% while tax on businesses that deal with crypto is 9%. This is still less than many countries such as India where crypto income is taxed at 30% and crypto businesses are very difficult to register let alone make profits.

gulab

That depends on whether you are asking fro personal income tax, capital gains tax on crypto, or business tax on crypto. Personal and capital gains tax on crypto is 0% while tax on businesses that deal with crypto is 9%. This is still less than many countries such as India where crypto income is taxed at 30% and crypto businesses are very difficult to register let alone make profits.