United Arab Emirates
AsiaSingapore
AsiaUnited Arab Emirates vs Singapore Tax Comparison
Summary
6
π¦πͺ United Arab Emirates
1
Ties
0
πΈπ¬ Singapore
π¦πͺ United Arab Emirates has lower tax rates in more categories
Tax Rates Comparison
| Category | π¦πͺUnited Arab Emirates | πΈπ¬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 | π¦πͺUnited Arab Emirates | πΈπ¬Singapore |
|---|---|---|
| Cost of Living Index | 62Lower | 85 |
| Quality of Life Index | 74Lower | 82 |
| Tax Treaties | 115 | 90Lower |
Income Tax Brackets
United Arab Emirates
No personal income tax in the UAE.
Singapore
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
Virtual Working Programme: 1-year renewable visa. Must earn at least USD 3,500/month. Available in Dubai and Abu Dhabi.
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)