![]() It is generally the tenants' obligation to pay the tax. Most Emirates impose a municipality tax on properties, mostly by reference to the annual rental value. There are currently no inheritance, estate, or gift taxes imposed on individuals in the United Arab Emirates. There are currently no wealth taxes imposed on individuals in the United Arab Emirates. See Value-added tax in the Other taxes section of the Corporate tax summary for more information. Value-added tax (VAT) was implemented in the United Arab Emirates on 1 January 2018. As such, capital gains tax is not imposed on UAE national or resident individuals. There is currently no personal income tax in the United Arab Emirates. Retirees who are already receiving pensions and who have joined a new employer.Employees contracted on a temporary basis.While the scheme is mandatory for Emirati and foreign workers in the private and public sectors, it does not apply to the following groups: Thus far, the obligation for the deduction of the monthly subscription fee falls on the employee. Given that this is a new law, we are waiting for further details on the implementation of the scheme. Those who fall under the former category are required to pay a monthly subscription fee of AED 5, while those who fall under the latter category must pay a monthly subscription fee of AED 10. The scheme divides subscribers into two categories: (i) those who earn AED 16,000 or less as basic salary per month and (ii) those who earn more than AED 16,000 as their monthly basic salary. The scheme provides financial support to qualifying individuals in the public and private sectors in the event of unemployment. 13 of 2022 applies to Emirati and foreign workers and entered into effect on 1 January 2023. The unemployment insurance scheme introduced in Federal Decree-Law No. Employers are required to contribute monthly contributions of 5.83% or 8.33% of the employee’s basic salary (the actual percentage is contingent upon the employee’s length of service) into the scheme. ![]() The new scheme was rolled out on 1 February 2020, and employers now are required to make monthly contributions to DEWS or an alternative regulated Qualifying Scheme, as opposed to paying a lump sum ‘gratuity payment’ to an employee at the end of their employment. In the Dubai International Financial Centre (DIFC), the DIFC Employee Workplace Savings Scheme (DEWS) has been introduced, replacing the End of Service Gratuity Benefit (EOSG), with the aim of protecting long-term employee savings. The employer is responsible for withholding and remitting employee social security contributions. A higher rate of 26% is applied in the Emirate of Abu Dhabi, where the contribution of the employer is increased to 15%, the government’s contribution is increased to 6%, and the employee’s contribution remains 5%.įor other GCC nationals working in the United Arab Emirates, social security contributions are determined in accordance with the social security regulations of their home country. Out of the 20%, 5% is payable by the employee, 12.5% is payable by the employer, and an additional 2.5% contribution is made by the government. Social security obligations also apply to employees of companies and branches registered in a free trade zone (FTZ). ![]() Non-GCC nationals are not subject to social security in the United Arab Emirates.įor UAE national employees, social security contributions are calculated at a rate of 20% of the employee's gross remuneration as stated in the local employment contract. Passengers under the age of 18 years old shall not be allowed to bring in cash exceeding the aforementioned permissible limit and any excess cash in their possession shall be added to the allowed limit of their parent/guardian should they be accompanied minors.There is a social security regime in the United Arab Emirates that applies to qualifying UAE and other GCC national employees only.
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