taxhavenlist

πŸ‡¦πŸ‡ͺUAE vs SingaporeπŸ‡ΈπŸ‡¬

Checked November 4, 2026 Β· How we score

UAE has the lower overall tax burden (9% corporate, 0% top personal). UAE is easier to set up, while Singapore is cheaper to run. Singapore carries more weight with banks, investors and customers. Overall, UAE scores 8/10 on our index vs 7.6/10.
MetricUAESingapore
Corporate tax9%17%
Top personal tax0%24%
Capital gains tax0%0%
VAT5%9%
Usual entityFree zone company (FZE/FZ-LLC) or mainland LLCPte Ltd (private limited company)
Setup cost$3,000–$8,000$1,500–$4,000
Yearly cost$2,500–$7,000$2,000–$6,000
Time to form10 days3 days
Remote setupYesYes
Banking difficulty3/53/5
Digital nomad visaYesNo
Our score8/107.6/10

Choose UAE if…

  • β†’Founders and freelancers who want zero personal income tax and a residence visa
  • β†’Trading, consulting and e-commerce companies serving global clients
  • β†’Crypto and Web3 founders using VARA or ADGM frameworks
  • β†’Holding companies and family offices
Full UAE guide

Choose Singapore if…

  • β†’Asia-focused SaaS and fintech startups
  • β†’Holding companies and regional HQs
  • β†’Investors who want a highly credible jurisdiction
  • β†’Fund managers and family offices
Full Singapore guide

Questions people ask

Is UAE or Singapore better for a new company?

UAE has the lower overall tax burden (9% corporate, 0% top personal). UAE is easier to set up, while Singapore is cheaper to run. Singapore carries more weight with banks, investors and customers. Overall, UAE scores 8/10 on our index vs 7.6/10.

Is Dubai tax free?

Not entirely. Dubai has no personal income tax or capital gains tax for individuals, but the UAE charges a 5% VAT and a 9% federal corporate tax on business profits above AED 375,000. Qualifying free zone companies can pay 0% on qualifying income.

Does Dubai have income tax?

No. The UAE does not tax salaries, dividends, interest or rental income of individuals. Individuals are only caught by corporate tax if they run a business activity in the UAE with annual turnover above AED 1 million.

What is the corporate tax rate in Singapore?

The headline corporate income tax rate is 17%. Effective rates are lower for small profits because of the start-up exemption and partial exemption, and large multinational groups face a 15% top-up tax from 2025.

Is Singapore a tax haven?

Singapore is usually described as a low-tax, high-transparency financial centre rather than a tax haven. It has a 17% corporate rate, no capital gains tax and strong compliance and anti-money laundering rules, and it is not on the EU blacklist.

More comparisons

Not tax or legal advice. Rates and rules change; we check official sources and update every page, but verify with a licensed adviser in the country before acting. Spotted something out of date? Use the correction form below.