United Arab Emirates

(Draft Bill)

DHS100 an hour minimum wage (including gig work)

DHS14,000 a month UBI per person under a DHS168,000 yearly income

20% consolidated flat tax over DHS48,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on importing

VAT tax registration over DHS48,000 a year

Sole trader registration over DHS48,000 a year

Estimated Revenue: DHS500 billion a year (DHS10 billion surplus a year)