Six Benefits of Incorporating in Dubai

The UAE/Dubai continue to commit serious human rights violations, including arbitrary detention, cruel and inhuman treatment of detainees, suppression of freedom of expression, and violation of the right to privacy. The United Arab Emirates (UAE) continue to deprive stateless individuals of the right to nationality, impacting their access to a range of services. According to Human Rights Watch, the UAE detains those who criticize authorities, including hundreds of activists and academics, and Emirati laws discriminate against women, migrants and LGBT individuals. Flogging and stoning are legal forms of judicial punishment in the UAE due to Sharia courts. As a result, the UAE routinely ranks near the bottom of many international measures for human rights and press freedom. So if money is all you care about, then by all means live in Dubai/UAR. Just keep your opinions to yourself and you'll be fine.

I like Dubai

Moved our agency to Dubai this year. If you do the same thing you'll probably want to end it all after a few weeks. Why? The paperwork and intricate details of starting/moving your business to Dubai are extremely confusing and annoying. You cannot just buy an LLC like we do in the west. It was worth it as we pay zero tax now and the place is awesome, but still, good luck on setting up your business in there. Thankfully we found a business setup consulting company to handle everything for us, otherwise the process would take months I think.

Moved our business to Dubai this year. If you do the same thing you'll probably want to end it all after a few weeks. Why? The paperwork and intricate details of starting/moving your business to Dubai are extremely confusing and annoying. You cannot just buy an LLC like we do in the west. It was worth it as we pay zero tax now and the place is awesome, but still, good luck on setting up your business in there. Thankfully we found a business setup consulting company to handle everything for us, otherwise the process would take months I think.

Love the white angel behind you

If I want to invest in Dubai real estate and international stocks, will I get taxed the corporate rate for holding these assets in a holding company?

Maybe it's best to travel to these places that Andrew mentions and stay there for 90 to 120 days as Visa passport allow to get the feel of these places, people and cultures. Traveling as a tourist than living there which will give you a choice of deciding whether it's a place to stay or do business or both. Now a day people from all over the globe wants to move to other places. I live here in the US became a citizen but now I'm also thinking of moving overseas. I had a friend that's moving to live in Dakar Senegal.

In my opinion, UAE is fantastic for residence if you work here or have personal wealth. It is a tad over complex for company incorporation. It is improving rapidly, though I am still not a fan of buying property here, compared to say Turkey, Northern Cyprus or Portugal.

Thank you for your video!

What would better free zone (JAFZA / Ajman / RAK) option to setup offshore UAE company for international payment services?

If you're an Indian citizen and you take a residence permit in UAE by opening up your business there, it is required that you stay in India only for 120 days in a year. Then you won't be taxed in India for your income accrued outside India (UAE). But if you exceed 120 days stay in India, your tax benefit is gone and you'll have to declare and pay tax in India for your income accrued outside India (UAE).

Could you please share your views on the Golden Visa for UAE and how attractive is this proposition?

It is a complete waste of money with everything inflated in price. Its hell on earth in the summer and most places are getting old and over used. Its on the grey with fatca and u have to pay with ZERO benefits absolutely NO BENEFITS!

You mentioned Labuan, what is the current situation regarding starting a company there, tax and residency?

Can you talk about the corporate taxes pros and cons between Dubai and Singapore for Canadian?

If your emirati company does business both inside and outside the country is it liable to the 9% tax?

UAE Government will always give priority to its nationals over temporary residents. Covid vaccinations were distributed in this order. It will never change. Hence the Govt has no policy about naturalization.

In addition uae is giving golden visas for expats which is an amazing step ...u can get 5 or 10 years golden visa to live if you are investor etc

Thank you. Dubai is one of the country’s on my radar!

Don't do it, if you screw up in business or in life you go to prison and be deported afterwards. It's not the safe haven you all believe it is.

One thing I've heard about Dubai is how incredibly safe it is even late at night.

To me, the idea of being okay with paying at least a little something is great as long as the money is efficiently paying for services or products needed to at least maintain the status quo of the nation. One of the reasons why I left the US is because I felt as though I was constantly being ripped off.

Dubai is actually awesome and is an emerging market

This is one the best video I have watched today, a wonderful channel . SUBBED and liked ! a fellow creator $$$

Thanks Andrew as usual! I just didn't understand one thing. Shouldn't I be spending at least 182 days in Dubai to be considered fiscally residence there? Meaning I can't just pop up two days a year and state that I pay my taxes in UAE right? Otherwise everyone would say live in Thailand and be a couple of days a year in Dubai: is that a possibility?

only 2 problems 1-full of Indians ,,even hotels and supermarkets mostly Indian style and smell , 2- very hot weather from April to October ,I mean very hot ,,but amazing weather in winter

A big mall in the dessert......

Andrew, thoughts on the recent European pressures towards the Caribbean CIP passports?

Very informative and helpful, thanks Andrew. To be honest, Dubai was not on my radar before this video.

Please read this, ironically I started a company Nomads bnb, an LLC, during the pandemic I had liquidity issues, no assitance or delays, I had to break some contracts, I was personally held liable for all the company liabilities, I EVEN WENT TO JAIL FOR 12 days, and I am still paying those debts, I am banned from leaving the country and I am still being chased…

LLC laws do not protect you, they are a joke, there is no such thing as limited liability in UAE, they pierce the corporate veil, the laws and what really happens are not the same

Be very careful!!!

That's awful. All these millennials wanna go there. And they want to do things muslims do not like. In those countries you dont know if there can rise an uprising or take over. Or the rules can have you beheaded like other countries in the area. They all have been taken over by one. And they all followed the non western rules. Be careful moving there... they all have gone by same rules at one point. If you catch my drift. They would choices theirs before you. And their ways.

Dubai is a city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai. According to the most recent study conducted by Freedom House, the UAE has a rating of 17/100 (100 being the best), and as such is rated "NOT FREE." One may be able to incorporate there for certain tax reasons, but no one in their right mind would ever want to live there. You'd be better off living in Turkey or Jordan than living in Dubai.

Great Video

UAE is interesting - very progressive - making all the right noises

Stop lying the people..... they can stay in Whatever country they want , and at the same time to have a company in another country and not be liable to pay tax for that company in the home country if the company have substance there! You are one of the fake "GURUS",which try to make a profit, because you think you're SMART....
Guys,just go and talk to real tax advisor, they will confirming you it is possible and 100% legal! Stop confusing people!

One should consider placing assets and Company under a TRUST.

Consideration to maybe 3 months out of the years, 6 Months in Switzerland, Montreau and the rest between Antwerp, Belgium and Texas.

Thank you for the video!

Hello Andrew , l am from a country without CFC rules , so is it possible to open a company in UAE and live in my country not paying tax?

The greylisting of the UAE recently makes it soon a KYC hell.

,;)

Thank you for your advice;(

Would be nice to move to the UAE.

Welcome to Dubai

How long would you have to visit per year to keep your residency valid?

🤘😎👍I've been to Dubai several times on my way to Afghanistan, which is a long 18-hour flight! It's a beautiful place, but the summers are brutally hot!

Can you set up a company in Sharjah free zone and live in Dubai? Or can you only live in the Emirate you incorporate in?

Now that the mask has slipped and the West has shown the ‘safe haven’ image is purely a myth, it’s looking like the UAE might be one of the main beneficiaries of fleeing wealth. Been trying to find some decent UAE ETF’s or other ways to invest, been not seeing much stand out.

Nice video.

Brilliant stuff