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Turkey Taxation vs United Arab Emirates Taxation

Product Name

Turkey Taxation

United Arab Emirates Taxation

Product Image Turkey Taxation United Arab Emirates Taxation
Price
Our Rating 7.1 7.3
Brand Turkey United Arab Emirates
Category Tax Jurisdiction Tax Jurisdiction

Investment Basis

Turkey TaxationUnited Arab Emirates Taxation
Currency Türk Lirası United Arab Emirates Dirham
Accounting Principles IFRS Others
Individual Worldwide Tax Basis Resident, Domicile No Worldwide Tax
Fast Track Citizenship

Individual Taxation

Turkey TaxationUnited Arab Emirates Taxation
Starting Taxable Income 18,000 N/A
Starting Income Tax Rate 15% 0%
Highest Income Tax Rate 40% 0%
No Individual Capital Gain Tax

Inheritance, Gift, Net Worth, Dividend, Interest Taxation

Turkey TaxationUnited Arab Emirates Taxation
No Net Worth Tax
No Gift Tax
No Inheritance Tax
Dividend Tax 15% N/A
Interest Tax 0%-15% N/A

Corporate Taxation

Turkey TaxationUnited Arab Emirates Taxation
Income Tax Rate 22% N/A
Branch Tax Rate 22% N/A
No Capital Gain Tax

Withholding Taxation for Nonresidents

Turkey TaxationUnited Arab Emirates Taxation
Dividends (Company) 15% N/A
Interest (Company) 0%/15% N/A
Royalties (Company) 20% N/A
Fees for Technical Services (Company) 20% N/A
Dividends (Individual) 15% N/A
Interest (Individual) 0%/15% N/A
Royalties (Individual) 20% N/A
Fees for Technical Services (Individual) 20% N/A

Withholding Taxation for Residents

Turkey TaxationUnited Arab Emirates Taxation
Dividends (Company) 0% N/A
Interest (Company) 0% N/A
Royalties (Company) 0% N/A
Fees for Technical Services (Company) 0% N/A
Dividends (Individual) 15% N/A
Interest (Individual) 0% N/A
Royalties (Individual) 20% N/A
Fees for Technical Services (Individual) 20% N/A

Real Estate

Turkey TaxationUnited Arab Emirates Taxation
Stamp Duty 0%
Transfer Tax 3% 4%
Real Property Tax 0.1%-0.3% N/A

Value Added Tax

Turkey TaxationUnited Arab Emirates Taxation
Standard Rate 18% 5%
Reduced Rate 0%/1%/8% 0%