UAE Announces New Tax Laws

The United Arab Emirates Government has announced new tax law for the month of March and future. And if you are wondering what the latest rules are, take a look below.

New guidelines on tax payments have been released by the UAE Ministry of Finance. They clarify how long you need to be in the country for to be deemed eligible to pay.

If you’re in the UAE for 90 days, you will be eligible to pay the lowest band – while 183 days is the threshold to meet the higher rate.

It will now be considered when determining whether you have met the 90 or 183-day requirement if you spend even a small portion of a day in the UAE.

Your “centre of financial and personal interests” and where you typically reside will also be taken into account.

To be eligible to pay taxes, a residence is not required; nonetheless, it must be continually available to you.

Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance, said: “The Ministerial Decision on implementing domestic tax residency rules is important as it gives additional clarity to individuals in respect of when they are considered as ‘tax residents’ under UAE taxation laws.”