LV · EuropeAE · Asia
Latvia vs United Arab Emirates: tax rates compared
Latvia's income tax rate is 33pp higher than United Arab Emirates's (33% vs 0%). The 200-country average is 28%: Latvia sits above it, United Arab Emirates sits below it. Latvia's figure is dated 2025-12-30 and United Arab Emirates's 2026-03-12, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | LV | AE | Difference |
|---|---|---|---|
| Income Tax | 33% | 0% | LV +33 pplargest gap |
| Corporate Tax | 20% | 9% | LV +11 pp |
| VAT | 21% | 5% | LV +16 pp |
| Capital Gains Tax | 25.5% | 0% | LV +25.5 pp |
| Crypto Tax | 25.5% | 0% | LV +25.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| United Arab Emirates | 0% | Source: PWC Worldwide Tax Summaries — United Arab Emirates (Individual, Taxes on personal income) · as of 2026-03-12 |
| Difference | +33 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| United Arab Emirates | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +11 pp | Latvia higher |
Latvia's corporate tax rate is 11pp higher than United Arab Emirates's (20% vs 9%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| United Arab Emirates | 5% | Source: PWC Worldwide Tax Summaries — United Arab Emirates (Corporate, Other taxes) · as of 2026-03-12 |
| Difference | +16 pp | Latvia higher |
Latvia's VAT rate is 16pp higher than United Arab Emirates's (21% vs 5%). The 181-country average is 15%: Latvia sits above it, United Arab Emirates sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| United Arab Emirates | 0% | Source: PWC Worldwide Tax Summaries — United Arab Emirates (Individual, Income determination) · as of 2026-03-12 |
| Difference | +25.5 pp | Latvia higher |
Latvia's capital gains tax rate is 25.5pp higher than United Arab Emirates's (25.5% vs 0%). The 175-country average is 10.3%: Latvia sits above it, United Arab Emirates sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 25.5% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01 |
| United Arab Emirates | 0% | Source: PwC Worldwide Tax Summaries — United Arab Emirates (Individual, Income determination) · as of 2026-03-12 |
| Difference | +25.5 pp | Latvia higher |
Latvia's crypto tax rate is 25.5pp higher than United Arab Emirates's (25.5% vs 0%). The 88-country average is 13%: Latvia sits above it, United Arab Emirates sits below it. Latvia's figure is dated 2025-10-01 and United Arab Emirates's 2026-03-12, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| United Arab Emirates | 0% | Source: PWC Worldwide Tax Summaries — United Arab Emirates (Individual, Other taxes) · as of 2026-03-12 |
| Difference | 0 pp | displayed rates match |
Latvia's wealth tax rate is identical to United Arab Emirates's — both sit at 0%. The 193-country average is 0.1%: both sit below it.