Individuals
Gains from investing in crypto as a private individual are not taxed, as there is no personal income tax. Residents moving from other countries should check whether their former country still taxes them, for example under exit tax rules.
Businesses
Since 2023, businesses pay 9% corporate tax on taxable profits above AED 375,000, which can include crypto trading profits. Free zone companies may qualify for 0% on qualifying income.
VAT
Transfers and conversions of virtual assets are exempt from VAT, with the exemption applied retroactively to 2018. Fees charged by service providers may still carry VAT.
Regulation
Virtual asset providers are licensed by VARA in Dubai, by ADGM and DIFC in their free zones, and by the SCA federally. Licensed platforms apply strict identity checks.