United Arab Emirates

Asia
VS

Singapore

Asia

United Arab Emirates vs Singapore Tax Comparison

Summary

6

πŸ‡¦πŸ‡ͺ United Arab Emirates

1

Ties

0

πŸ‡ΈπŸ‡¬ Singapore

πŸ‡¦πŸ‡ͺ United Arab Emirates has lower tax rates in more categories

Tax Rates Comparison

Category
πŸ‡¦πŸ‡ͺUnited Arab Emirates
πŸ‡ΈπŸ‡¬Singapore
Top Income Tax Rate
0%Lower
24%
Corporate Tax Rate
9%Lower
17%
VAT / Sales Tax
5%Lower
9%
Capital Gains Tax
0%
0%
Employee Social Security
5%Lower
20%
Employer Social Security
12.5%Lower
17%
Self-Employed Social Security
0%Lower
8%

Living Indicators

Category
πŸ‡¦πŸ‡ͺUnited Arab Emirates
πŸ‡ΈπŸ‡¬Singapore
Cost of Living Index
62Lower
85
Quality of Life Index
74Lower
82
Tax Treaties
115
90Lower

Income Tax Brackets

United Arab Emirates

0+0%

No personal income tax in the UAE.

Singapore

0 - 20,0000%
20,000 - 30,0002%
30,000 - 40,0003.5%
40,000 - 80,0007%
80,000 - 120,00011.5%
120,000 - 160,00015%
160,000 - 200,00018%
200,000 - 240,00019%
240,000 - 280,00019.5%
280,000 - 320,00020%
320,000 - 500,00022%
500,000 - 1,000,00023%
1,000,000+24%

Progressive rates. No tax on income earned and kept abroad (territorial basis for individuals).

Special Tax Regimes

United Arab Emirates

Free Zones

Numerous free zones offering 0% corporate tax on qualifying income, 100% foreign ownership, and no personal income tax.

Golden Visa

Long-term residency visa (5 or 10 years) for investors, entrepreneurs, specialized talents, and outstanding students.

Singapore

Not Ordinarily Resident (NOR)

Tax only on Singapore-source income based on time spent in Singapore for qualifying individuals.

Global Investor Programme

Permanent residency through investment in business or fund.

Digital Nomad Visa

United Arab EmiratesAvailable

Virtual Working Programme: 1-year renewable visa. Must earn at least USD 3,500/month. Available in Dubai and Abu Dhabi.

SingaporeNot Available

Disclaimer: This content is for informational purposes only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional before making decisions about your tax residency or obligations.

Data last updated: United Arab Emirates (2024-01) Β· Singapore (2024-01)