How is cryptocurrency taxed in United Arab Emirates?

United Arab Emirates does not levy tax on individual cryptocurrency gains.

“Transfer and exchange of virtual assets are exempt from VAT with effect from 1 January 2018 (Cabinet Decision No. 100 of 2024); UAE levies no personal income or capital gains tax.”

This reflects guidance from Federal Tax Authority (FTA) — VAT Executive Regulation, as of 2024.

See the full United Arab Emirates crypto policy profile for legal status, VASP licensing, stablecoin rules and more — or compare United Arab Emirates with another country. New to the categories? Read how crypto is taxed, explained.

Data basis: Federal Tax Authority (FTA) — VAT Executive Regulation, as of 2024