I love living in the UAE; relocating here has allowed me to save a lot of tax and grow my business (Easily over 100K in 1 year). Long live Shiek Mansour & Family!
Could you make a video explaining precisely which activities ('qualifying activities' or whatever they call them) are exempted from the tax - and what needs to be reported etc and how - their definitions seem quite vague
Nice video. If you have 2 companies, is there away to add the 2nd company? Even though my companies aren't liable for the new corporation tax, im been told I need to submit my accounts every year, is that correct?
Please tell us how do you cashout Crypto for US Dollars to a UAE Bank account, Kraken's banking partner Bank Frick is no longer processing payments for the UAE. Thanks
What about people who are close to retirement and do not look into starting businesses? Are there still monetary advantages to moving out of Canada? What happens to the CPP and Old Age Security and other things if you leave Canada?
nice video, thanks for the content! Do we have to do the corporate registration for free zone companies? And what are the certain activities for free zone companies which are exempted from corporate taxes?
I tried to follow the steps and get this error when adding an 100% owner " Idnumber is already consumed as license idnumber." Main form and owner form asks for trade license number but don't work with the same number...ehh
This looks like a headache, i would appreciate you and your team offering to do this service against a fee , i will trust you with all my documents no problem 👍🤝
This is just the beginning! G20 summit is growing and has just passed Switzerland's public votes. This means all business income must be taxed at 15% in total, if the owners can't prove this the country of residence can collect the difference. Either you are incorporated somewhere and pay tax or you need to close corporations. Australia is already doing it: If you are married you are an infidel and pay more, if you are not part of the new LGBTIQ++ community you will be forced to pay for them and also for native land rights.
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I love living in the UAE; relocating here has allowed me to save a lot of tax and grow my business (Easily over 100K in 1 year). Long live Shiek Mansour & Family!
Could you make a video explaining precisely which activities ('qualifying activities' or whatever they call them) are exempted from the tax - and what needs to be reported etc and how - their definitions seem quite vague
Second this
I third this 😂 we really need to know!
This is why we all clicked this video
Thing is it never stays at 9%.
again the liberal west meddles in things they shouldnt. wvy did they lobby uae to add taxes
9% is cheaper than 50% tax a lot of people pay
@@dream.lifestyle Irrelevant, since Dubai is also a small city with bad weather in a desert.
@@EnderViBrittaniawhere do u live thats so much better i wonder?
Literally anywhere @@DarkoFitCoach
Before they used to say Dubai Is tax free but the fees they take from you were equal to to taxes.
Depends on your income.
@@dlukton no not necessarily.
@@peaceandlove5214 Why not necessarily?
@@EnderViBrittania now they have taxes in addition to high fees
For your clients that only created a freezone company to get residence in Dubai. Do they need to register as well?
Government programs never downscale Rafael. Zero tax folks are getting early dragnetted for taxes later me thinks.
Amazing tutorial - thank you Rafael!
Please make a video about what substance requirements mean in practice. They are quite vague.
Thank You Rafael! you the best! So this tax has to be paid even if you have freezoone company?
Nice video. If you have 2 companies, is there away to add the 2nd company? Even though my companies aren't liable for the new corporation tax, im been told I need to submit my accounts every year, is that correct?
if I have a Airbnb business can I register it in the freezone or in the main city of Dubai to avoid paying any tax? my Airbnb is in other countries.
Please tell us how do you cashout Crypto for US Dollars to a UAE Bank account, Kraken's banking partner Bank Frick is no longer processing payments for the UAE. Thanks
Can you do a video on what will happen if the UAE join BRICS?
What about people who are close to retirement and do not look into starting businesses? Are there still monetary advantages to moving out of Canada?
What happens to the CPP and Old Age Security and other things if you leave Canada?
Amazing stuff as always man, hope you're doing fine bro
nice video, thanks for the content!
Do we have to do the corporate registration for free zone companies? And what are the certain activities for free zone companies which are exempted from corporate taxes?
Would also like to know this...
Very useful! I finally got round to doing it! 😆
what if you do not have a company, just personal,
what if you're an employee in Dubai? will you have to tax your income?
I tried to follow the steps and get this error when adding an 100% owner " Idnumber is already consumed as license idnumber." Main form and owner form asks for trade license number but don't work with the same number...ehh
The issue was when I was adding an owner to owners list instead of legal person you can use the other option and it will all be sorted out
As always very insightful, thx for sharing Rafael.
This looks like a headache, i would appreciate you and your team offering to do this service against a fee , i will trust you with all my documents no problem 👍🤝
thanks for the tutorial
Everything will be taxed at some point.
Software Freezone company with 100% foreign income subjected to tax?
What about individual tax? I'm currently in the process of getting tax residency here
There are no taxes on individual level. Only on consumtion.
I heard that also most Freezone companies need to pay tax even if they only have income from outside UAE, is this true?
No
Yes. Most are excluded activities now
Yes, more than 99% will have to
Excellent and valuable video!
Kowalski, they did weird flex on a grape
Great explanation
This is just the beginning! G20 summit is growing and has just passed Switzerland's public votes. This means all business income must be taxed at 15% in total, if the owners can't prove this the country of residence can collect the difference. Either you are incorporated somewhere and pay tax or you need to close corporations. Australia is already doing it: If you are married you are an infidel and pay more, if you are not part of the new LGBTIQ++ community you will be forced to pay for them and also for native land rights.
When curacao video brother
I hope they tax youtubers. Not everyone wants to avoid tax. Some think it's the fair way to contribute to society.
It's ok to pay a fair amount but not 40% - 50% that goes towards people who don't want to work and live off benefits all their lives.
Haha, found the tax slave.
@@EnderViBrittania lol
🤣😂😂😂😂