Crypto tax in the United Arab Emirates
Rules verified in September 2026.
Short term
0%
Long term
0%
Threshold
None
Annual allowance
Not applicable
Cost method
Not applicable (no capital gains tax)
Legislation
Federal Decree-Law No. 47 of 2022; Cabinet Decision No. 49 of 2023
In short
The United Arab Emirates has no personal income tax or capital gains tax for individuals. Dubai is one of the most favorable jurisdictions in the world for crypto, with advanced regulation via VARA.
Key points
- 0% tax on personal investment gains
- 0% personal income tax
- VARA regulates exchanges in Dubai (outside the DIFC)
- UAE tax residency required
- Companies: 9% tax on profits > AED 375k
- An individual only pays 9% when running a 'business' with turnover > AED 1M/year; personal investment excluded (Cabinet Decision 49/2023)
- VAT: transferring or converting crypto is exempt; exchange fees pay 5%
Frequently asked questions
How much tax do you pay on crypto in the United Arab Emirates?
0%. The United Arab Emirates has no personal income tax or capital gains tax for individuals. Dubai is one of the most favorable jurisdictions in the world for crypto, with advanced regulation via VARA.
Is there an annual allowance on crypto gains in the United Arab Emirates?
There is no crypto-specific annual allowance on capital gains in the United Arab Emirates.
Which method is used to match buys and sells?
It depends on the country: FIFO (the first unit bought is the first sold) in Portugal, Spain, Germany or Belgium; weighted average cost in France, Luxembourg or Brazil; LIFO in Italy; the Section 104 pool in the UK. ChainFolioAI applies the chosen country's method to your history (in some countries with a simplification, stated on this page) and exports the result.
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under the country's method (FIFO, average cost, LIFO…), convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing. ChainFolioAI is not an exchange or a crypto-asset service provider and does not report your data to any tax authority: reporting duties (DAC8, CARF) fall on exchanges. The reports you export are yours alone.