Allo' Expat Yemen - Connecting Expats in Yemen
Main Homepage
Allo' Expat Yemen Logo


 
Check our Rates
   Information Center Yemen
Yemen General Information
Yemen Expatriates Handbook
Yemen and Foreign Government
Yemen General Listings
Yemen Useful Tips
Yemen Education & Medical
Yemen Travel & Tourism Info
Yemen Lifestyle & Leisure
Yemen Business Matters
 
Doing Business
Taxation in Yemen
 
Business Taxation
Personal Taxation
  Sponsored Links


Check our Rates

Personal Taxation in Yemen
 
 
 

General

Yemen personal income tax rates are up to 35%. Tax rates are:

    • 10% to 20% for resident salaried individuals; and
    • 10% to 35% for other taxpayers.

Income from employment, commercial or industrial activities and non-commercial activities (i.e. the exercise of a profession) if taxable income exceeds YR36,000 per year.

An individual is resident in Yemen for a tax year if he/she is:

    • a Yemeni national who has a permanent residence in Yemen or is present in Yemen for a period that in total is not less than four months in the tax year;
    • a national of an Arab country working in Yemen, irrespective of the period of residence;
    • a non-Yemeni national from a non-Arab country who has been resident in Yemen during the tax year for a period of not less in total than four months or has lived in Yemen for two consecutive months; or
    • a non-Yemeni national from a non-Arab country who is resident in Yemen, irrespective of the period of the residence, and is employed by a Yemeni corporation.

Joint tax returns are not permitted; each individual must file a separate tax return.

Taxable Income

Resident individuals are taxed on income from employment, commercial or industrial activities and non-commercial activities (i.e. exercise of a profession) earned inside or outside Yemen. Non-residents are taxed on their income in Yemen and arising from the carrying out of an activity or a profession or from an individual transaction, irrespective of the period in which transacted. Individuals are exempt from tax on income from treasury bonds, interest from bank deposits, savings in post offices and income from shares in public and shareholding companies.

Capital Gains

No.

Tax Deductions & Tax Allowances

Deductions and allowances are available for the non-salaried class, but deductions for the salaried class are limited to the contribution made to social security.

Other Taxes

Capital Duty

No.

Stamp Duty

No.


See more information on the next page... (next)


 

 
 

   



 


copyrights © AlloExpat.com
2018 | Policy