In the UAE, there are no local taxes on investment returns for residents.
How taxation works in the UAE
The UAE does not currently impose income tax, capital gains tax, and/or property tax.
This means that investment returns earned through PRYPCO Blocks are not subject to UAE taxes for UAE residents.
What international investors should know
If you are an individual resident outside the UAE, you may be required to declare and pay taxes on your investment returns in your country of residence, depending on local tax laws.
Tax obligations vary by country, so individual circumstances may differ. Foreign residents may be liable to pay taxes on returns earned in the UAE, so we recommend consulting a tax specialist.
Important to know
PRYPCO Blocks does not provide tax advice
Tax obligations outside the UAE are the investor’s responsibility
We recommend consulting a qualified tax advisor for guidance specific to your situation
✉️ Need help?
If you have any questions or need further assistance, you can contact our team via the live chat in your Blocks application or by emailing discover.blocks@prypco.com from your registered email address.