Shiraz Waheed - SetupHero
Shiraz Waheed - SetupHero
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Can You Benefit from Dubai’s Tax Regime in Australia?
✅ Book 1-on-1 Call setuphero.com/call
Can You Benefit from Dubai’s Tax Regime in Australia?
In today’s video, we answer a common question: Can you set up a company in Dubai and benefit from its tax regime while remaining a tax resident in Australia? Joined by Bradley Murphy from Murphy TX, we explore the challenges and possibilities of this strategy. We discuss important tax rules like the Central Management and Control (CMAC) rule and Controlled Foreign Company (CFC) rules, which can impact your ability to enjoy tax benefits from Dubai while staying in Australia.
We also touch on strategies for global expansion, dividend repatriation, and management control in the UAE. Whether you’re considering Dubai for corporate tax benefits or exploring global business structures, this video offers valuable insights for Australian residents. Stay tuned to learn more about how to navigate this complex tax scenario and avoid penalties from the Australian Tax Office (ATO).
0:00 - Intro
0:49 - Is it Possible to Setup a Company in Dubai without Relocating to Attain Tax Benefits?
4:35 - Corporate Tax Rate under CFC & Is it worth it to Setup a Company is Dubai without Relocating?
7:33 - Hiring Management in Dubai while Staying in Australia
10:03 - Gaining Confidence to go Offshore
✅ 𝐈𝐟 𝐲𝐨𝐮 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬 𝐯𝐢𝐝𝐞𝐨, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐥𝐢𝐤𝐞 𝐢𝐭 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞 𝐢𝐭.
✅ 𝐃𝐨𝐧'𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐭𝐨 𝐦𝐲 𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬.
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🔎Hashtags:
#paylesstaxes
#dubai
#movingtodubai
#dubaitaxes
#dubaigoldenvisa
#SetupHero
Also Discussed in this video:
llc,limited liability company,taxes in usa,usa taxes,how to pay less taxes in usa,taxes,income taxes in usa,income tax,tax,taxes in america,income tax explained,taxes explained,us taxes,us taxation,us tax system explained,irs,taxes in us explained,us income tax explained,types of taxes,understanding us tax system,types of tax,taxes in the us,different types of taxes,tax system in usa explained,how to start an llc,how to form an llc,single member llc, business in dubai, taxes in dubai
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. SetupHero can and does not provide advice unless/until engaged by you
Переглядів: 79

Відео

Top 5 European Countries For Digital Nomads in 2024
Переглядів 18314 днів тому
✅ Relocate to Europe - setuphero.com/Europe ✅ Whatsapp Me - wa.me/ 971569251187 Top 5 European Countries For Digital Nomads in 2024 In this video I share the top 5 European countries for digital nomads in 2024. I’ll break down the best destinations in terms of quality of living, cost of living, and the visa options available for remote workers. If you’re looking to live and work in Europe as a ...
Moving To Dubai With Family? You Need To Watch This!
Переглядів 21028 днів тому
✅ Book 1-on-1 Call setuphero.com/call ✅ Whatsapp Me - wa.me/ 971569251187 Moving To Dubai With Family? You Need To Watch This! In this video, I share everything you need to know about moving to Dubai with your family. I cover the reality of relocating to Dubai as a family, from finding the right schools to securing housing and navigating the cultural differences. You'll get insights into family...
6 Reasons to LEAVE Canada and Move to Dubai Before It’s TOO LATE
Переглядів 71Місяць тому
✅ Whatsapp Me - wa.me/ 971569251187 ✅ Book 1-on-1 Call setuphero.com/call 6 Reasons to LEAVE Canada and Move to Dubai Before It’s TOO LATE In this video, I discuss the top six reasons why many entrepreneurs and business owners are choosing to leave Canada and relocate to Dubai before it’s too late. From the rising cost of living and high taxes to political issues and long wait times in the heal...
The REAL Reason Entrepreneurs Move Their Businesses to Dubai! (Reposting)
Переглядів 942 місяці тому
✅ Book 1-on-1 Call setuphero.com/call ✅ Whatsapp Me - wa.me/ 971569251187 The REAL Reason Entrepreneurs Move Their Businesses to Dubai! In today’s video, I am interviewed by Joe Butler, and we discuss why entrepreneurs and business owners are moving their businesses to Dubai. As the founder of Setup Hero and a chartered accountant with extensive experience in the UK and Dubai, I share insights ...
7 Reasons You Should NOT Move to Dubai!
Переглядів 2902 місяці тому
✅ Book 1-on-1 Call setuphero.com/call ✅ Whatsapp Me - wa.me/ 971569251187 7 Reasons You Should NOT Move to Dubai! In today’s video, I cover seven reasons why someone might reconsider moving to Dubai. My goal is to provide realistic expectations to help you decide if Dubai is the right place for you. While Dubai offers many benefits, such as 0% personal taxation and high standards of living, the...
Why Moving to Dubai is Ideal for Australian Entrepreneurs!
Переглядів 18 тис.2 місяці тому
✅ Book 1-on-1 Call setuphero.com/call Timestamps: 0:00 - Intro 0:33 - Pain Points in Australia that Motivated to Change Countries 1:26 - Business and Personal Experience after Moving to Dubai 2:44 - What is the Change in Tax Benefits after Moving to Dubai 5:14 - Experience while Working with SetupHero 9:08 - Reason and Factors behind Selecting SetupHero 10:31 - Advice to Entrepreneurs in Austra...
Why Entrepreneurs Are Moving from Europe to Dubai!
Переглядів 1212 місяці тому
✅ Book 1-on-1 Call setuphero.com/call Why Entrepreneurs Are Moving from Portugal to Dubai! In today’s video, I interview Miguel, a marketing agency owner who recently moved from Portugal to Dubai. He shares his motivations for the move, including the significant tax benefits, vibrant entrepreneurial community, and travel opportunities in the region. Miguel discusses how the move has positively ...
Understanding the Non-Resident Landlord Scheme in the UK
Переглядів 8112 місяці тому
✅ Book 1-on-1 Call with Shiraz Waheed setuphero.com/call ✅ Book a call with Laura Sant calendly.com/laura-sant/30-minute-discovery-call Understanding the Non-Resident Landlord Scheme in the UK In today’s video, we discuss the non-resident landlord scheme in the UK for people who own homes in the UK but have moved abroad. Learn about the tax implications and responsibilities from an HMRC perspec...
Top Neighborhoods to Live in Dubai for Every Lifestyle
Переглядів 2643 місяці тому
✅ Book 1-on-1 Call setuphero.com/call Top Neighborhoods to Live in Dubai for Every Lifestyle If you are thinking about moving to Dubai, choosing the right neighborhood is crucial. In this video, I explore the most popular neighborhoods in Dubai to help you find the perfect place that fits your lifestyle and budget. From the bustling Dubai Marina and luxurious Downtown Dubai to the serene Arabia...
Top 5 Tips for Buying Off-Plan Property in Dubai
Переглядів 1353 місяці тому
✅ Off-Plan Property Investor? Apply now for our VIP ALL ACCESS PASS - setuphero.com/VIP ✅ Book 1-on-1 Call setuphero.com/call Top 5 Tips for Buying Off-Plan Property in Dubai Choosing the right developer is crucial when investing in off-plan property in Dubai. In this video, I share the top five things to consider before buying an off-plan property. Learn how to assess a developer’s reputation,...
7 Common Myths About Living in Dubai (Debunked)
Переглядів 1454 місяці тому
✅ Book 1-on-1 Call setuphero.com/call 7 Common Myths About Living in Dubai (Debunked) In today’s video, I debunk seven common myths about living in Dubai. From misconceptions about wealth and taxes to myths about culture, women’s rights, and lifestyle, I separate fact from fiction. Discover the true diversity and richness of Dubai, learn about its taxation system, and understand the realities o...
Crypto Taxes In United Kingdom In 2024 (All You Need To Know)
Переглядів 1 тис.4 місяці тому
✅ Book 1-on-1 Call setuphero.com/call Crypto Taxes In United Kingdom In 2024 (All You Need To Know) In this video we explain everything you need to know about crypto taxes in the United Kingdom in 2024. we cover the latest regulations and guidelines from HMRC on how cryptocurrencies are taxed. You'll learn about capital gains tax, income tax, and the reporting requirements for crypto transactio...
How To Become Australian Non-Tax Resident In 2024
Переглядів 7374 місяці тому
✅ Book 1-on-1 Call setuphero.com/call In this video, I discuss common misconceptions that people have when leaving Australia and becoming a non-Australian tax resident. From the perspective of practical case, we'll explore the key aspects you need to know to avoid any pitfalls. I’ll also cover essential tips to ensure a smooth transition and compliance with tax regulations. Understanding these ...
7 BEST Muslim Countries To Move From West!
Переглядів 5 тис.5 місяців тому
✅ Book 1-on-1 Call setuphero.com/call ✅ Get Free Access to Tax Freedom Blueprint www.skool.com/taxfreedom 7 BEST Muslim Countries To Move From West! 0:00 - Intro 0:53 - Dubai 1:10 - Qatar 1:40 - Turkey 2:23 - Malaysia 2:57 - Oman 3:21 - Family Immigration to Oman 3:49 - Morocco 4:10 - Morocco's Proximity to Europe 4:42 - Bahrain 5:03 - Cultural Diversity in Bahrain 5:41 - Book a 1-on-1 Call In ...
How To Buy a Property In Dubai (Mortgage Vs Off Plan Investment)
Переглядів 3995 місяців тому
How To Buy a Property In Dubai (Mortgage Vs Off Plan Investment)
Best Crypto Countries (ZERO Taxes!)
Переглядів 3425 місяців тому
Best Crypto Countries (ZERO Taxes!)
Buying Off-Plan Property in Dubai (5 Things You Must Know)
Переглядів 8196 місяців тому
Buying Off-Plan Property in Dubai (5 Things You Must Know)
How To Get Dubai's 10-Year Golden Visa In 2024
Переглядів 2,7 тис.6 місяців тому
How To Get Dubai's 10-Year Golden Visa In 2024
How To Avoid Getting SCAMMED When Buying A Property In Dubai
Переглядів 1,4 тис.6 місяців тому
How To Avoid Getting SCAMMED When Buying A Property In Dubai
Moving To Dubai With a Physical Business back In Your Country?
Переглядів 1546 місяців тому
Moving To Dubai With a Physical Business back In Your Country?
Is it Possible To Set Up A Free Zone Company WITHOUT Moving To Dubai?
Переглядів 1,1 тис.6 місяців тому
Is it Possible To Set Up A Free Zone Company WITHOUT Moving To Dubai?
A New Opportunity If You Want To Invest In Dubai! (BAYZ101 by Danube)
Переглядів 1826 місяців тому
A New Opportunity If You Want To Invest In Dubai! (BAYZ101 by Danube)
How Much Does a Freezone Company SETUP Cost in Dubai? (2024 Costing Guide)
Переглядів 1,9 тис.6 місяців тому
How Much Does a Freezone Company SETUP Cost in Dubai? (2024 Costing Guide)
Leave The UK Before It's Too Late…
Переглядів 5606 місяців тому
Leave The UK Before It's Too Late…
How To Become A UK Non-Tax Resident In 2024
Переглядів 6 тис.6 місяців тому
How To Become A UK Non-Tax Resident In 2024
How To Pay 0% Crypto Taxes (100% Legal!)
Переглядів 2787 місяців тому
How To Pay 0% Crypto Taxes (100% Legal!)
How To avoid UK CRYPTO TAXES... You Need To Know This
Переглядів 17 тис.7 місяців тому
How To avoid UK CRYPTO TAXES... You Need To Know This
How Canadians Can Pay ZERO Taxes Legally
Переглядів 4,7 тис.7 місяців тому
How Canadians Can Pay ZERO Taxes Legally
UK Abolished Non-Dom Tax Regime! Here's What You Need To Know
Переглядів 7577 місяців тому
UK Abolished Non-Dom Tax Regime! Here's What You Need To Know

КОМЕНТАРІ

  • @albajgurd
    @albajgurd День тому

    Dubai is a shithole. Don't move there

  • @The_Relaxing_Game
    @The_Relaxing_Game 7 днів тому

    Nice information

  • @SetupHero
    @SetupHero 7 днів тому

    ✅ Whatsapp Me - wa.me/+971569251187 ✅ Book 1-on-1 Call setuphero.com/call

  • @Black-Circle
    @Black-Circle 15 днів тому

    Whats with the idiots in the comments ? This isn't tax fraud or evasion. Its in the rules and laws of the HMRC. Numbskulls

  • @SetupHero
    @SetupHero 15 днів тому

    ✅ Relocate to Europe - setuphero.com/Europe ✅ Whatsapp Me - wa.me/+971569251187

    • @winingtheday
      @winingtheday 14 днів тому

      Quick question. For the 10 year visa can you buy a palm property or its only a property in a freezone ?

  • @briandavis8675
    @briandavis8675 17 днів тому

    Uk government = CROOKS

  • @SamDeacon-mu9ks
    @SamDeacon-mu9ks 20 днів тому

    Pretty sure if you spend 6 months in the Isle of Man you are eligible for 0% capital gains tax. That’s my plan in the new year.

  • @hassankvlogz
    @hassankvlogz 23 дні тому

    Bro kindly make new video with latest updates about personal crypto trader moving to dubai with all process.. looking forward thanks ...

  • @mansisharma9000
    @mansisharma9000 27 днів тому

    Can you please share requirements around audit/ booking keeping for company that offers online IT services only (sole proprietor), thanks

  • @tommichaels2024
    @tommichaels2024 28 днів тому

    You can use double tax treaties where applicable to get things like interest even if sourced from Australia to be payable in your state of residence.

  • @winingtheday
    @winingtheday 28 днів тому

    Cannot wait !

  • @SetupHero
    @SetupHero 28 днів тому

    ✅ Book 1-on-1 Call setuphero.com/call ✅ Whatsapp Me - wa.me/+971569251187

  • @CyrilHollein
    @CyrilHollein Місяць тому

    Dubai is definitely a game changer for entrepreneurs! I moved here a few years ago, and the tax benefits and business opportunities are incredible. If you’re thinking about making the move I highly recommend working with Bolster Group. They helped me navigate the whole process from business setup to immigration and made everything smooth and hassle-free. Dubai’s business environment is perfect for growth, and having the right support makes all the difference

  • @HEXMAN_ady
    @HEXMAN_ady Місяць тому

    So basically no advice

  • @jugjones3210
    @jugjones3210 Місяць тому

    What if someone sells to a none KYC exchange and then move them into a cold storage wallet with no personal information on it. Then you spend your dollar pegged crypto from that wallet. What happens then?

  • @macdory666
    @macdory666 Місяць тому

    Got to love how they want the tax, but make it so difficult to actually use crypto ...

  • @xxxMrBadExamplexxx
    @xxxMrBadExamplexxx Місяць тому

    How interests from lending crypto assets are qualified - does it come under 'miscellaneous income' if below £1000? Does it exclude Personal Income Allowance £12570, or can I actually use both allowances?

  • @SetupHero
    @SetupHero Місяць тому

    ✅ Whatsapp Me - wa.me/+971569251187 ✅ Book 1-on-1 Call setuphero.com/call

  • @ronaldha4795
    @ronaldha4795 Місяць тому

    I want to setup ginger fresh selling point at dubai free zone, how can we i proceed, am from India

    • @rishab1231000
      @rishab1231000 Місяць тому

      Don't go for freezone... It might appear cheap but they are fraudsters.... I personally lost alot of money.... Stay away from cheaper ones... Go for mainland instead

  • @jiti5034
    @jiti5034 Місяць тому

    So does it means for first 2-3 years one has to still keep paying tax on your UAE income to ATO? then that edge goes away ! the UAE job becomes less attractive

  • @jiti5034
    @jiti5034 Місяць тому

    If your wife / Husband and perhaps Kids stay back in AUS and you take up a high paying job in Mid East how do you prove you have left AUS? Does ATO give clear guidelines?

  • @jiti5034
    @jiti5034 Місяць тому

    There are hundreds of Professionals with South Asian background with 10-15 years exp in Australia and has Aus citizenship who would love to work in Mid East for few years and then come back , They have both the western exp + soem SOuth Asian language skills and work exp from past which is of great use in Mid East but problems are 1) Both husband and wife's professional may not be high paying in UAE meaning one has to either accpei low paying job or not work 2) compete with other South Asian professionals who may not have western exp but are competent and will accept job in UAE at lower salary.. so UAE sound like a "Golden Goose " but hard to relocate

  • @jiti5034
    @jiti5034 Місяць тому

    It is not apples to apples to compere AUS/ Canada with UAE , UAE may sound attractive but it depends upon each person's background both personal and professional

  • @jiti5034
    @jiti5034 Місяць тому

    ATO is very strict so how did you become a NOn Tax resident given you still have a business entity in AUS

  • @jiti5034
    @jiti5034 Місяць тому

    Hang on 10 % GST is claimed back, Company tax is 25% Ok understood but don't mix personal tax and company tax

  • @jiti5034
    @jiti5034 Місяць тому

    Ecom is very generic , what exactly is the business?

  • @lenouveaumale
    @lenouveaumale Місяць тому

    Hi, great video. what payment processor do you advice for payments ?

    • @SetupHero
      @SetupHero Місяць тому

      Stripe Payoneer Some local Options such as MamoPay Merchant of Record such as GroovePay

  • @jamshedahmed4383
    @jamshedahmed4383 Місяць тому

    Hi Shiraz. Thanks for a great video. what a bout the areas like Ajman. not far from Dubai. Personally i am born and raised in the west, but plan to relocate. As Muslim, I am looking for a country where Islam is practiced. But I can not move to country like Pakistan with openly corrupt leaders and not law.

  • @onetwothreefourfive6461
    @onetwothreefourfive6461 2 місяці тому

    Tangem cold wallet have partnered with visa and are soon bringing out ‘Tangem pay’ so no need to cash out

  • @kashgb5456
    @kashgb5456 2 місяці тому

    I got 2 Question- can i borrow money from direct loan lenders can i invest in crypto? 2- if get credit card & withdraw the money from ATM machine & deposited into my personal bank account to invest in crypto am i break any rules? If so can my money be seized?

  • @SetupHero
    @SetupHero 2 місяці тому

    ✅ Book 1-on-1 Call setuphero.com/call ✅ Whatsapp Me - wa.me/+971569251187

  • @aussie.clippa
    @aussie.clippa 2 місяці тому

    valuable video for Aussies moving to uae

  • @Jimmy-mx4cc
    @Jimmy-mx4cc 2 місяці тому

    One big thing you guys are totally missing In 2023 there's been a change It's only only the tax commissioner .that ,,now decided,, that and if there's $$$$$ he will decide you are a tax resident...or ...not ..this is what happens when 40+% on fat welfare payments And another 40 % are ,,fake public self servents jobs,,

  • @SetupHero
    @SetupHero 2 місяці тому

    ✅ Book 1-on-1 Call setuphero.com/call ✅ Whatsapp Me - wa.me/+971569251187

  • @Jimmy-mx4cc
    @Jimmy-mx4cc 2 місяці тому

    Australia 40+% on fat fat fat welfare payments And around another 40% are on ,, elite welfare public self servents. Over 3 ,,not hounist government department,,

  • @asimsparks
    @asimsparks 2 місяці тому

    Don't agree with Morocco. Morocco is very backward in everything.

  • @nothing_for_you
    @nothing_for_you 2 місяці тому

    No different to benefit fraud

  • @malu2170
    @malu2170 2 місяці тому

    Which bank is crypto friendly ?

  • @ProfRogers
    @ProfRogers 2 місяці тому

    If you have ALWAYS been in the UK up to this point and want to move abroad for CGT purposes, because you want to realise a gain .... My understanding is the Residency Tests about spending x number of days of the last 3 or last 4/7 Tax years in UK become irrelevant and you can jump to the Sufficient ties test and see how many you are under? Or am I reading that incorrectly?

  • @bryensaeed
    @bryensaeed 2 місяці тому

    Oman is the best

  • @alid-o1g
    @alid-o1g 2 місяці тому

    How much cash can you deposit in dubai bank without being flagged? And can you get money into your account from an exchange company or a company or individual?

  • @colo_degen
    @colo_degen 2 місяці тому

    what do you think about Estonia and Slovenia?

  • @SetupHero
    @SetupHero 2 місяці тому

    ✅ Book 1-on-1 Call setuphero.com/call ✅ Connect with me on Whatsapp wa.me/971501720766

  • @ZaraNegrete
    @ZaraNegrete 2 місяці тому

    Hello, I have a tourist visa and I would like to process the residence / freelance visa, could you help me, thank you.

  • @SetupHero
    @SetupHero 2 місяці тому

    ✅ Book 1-on-1 Call setuphero.com/call

  • @ahmadi3718
    @ahmadi3718 2 місяці тому

    What about digital banks in uae

  • @Jimmy-mx4cc
    @Jimmy-mx4cc 2 місяці тому

    ,,F,, me England is worse than Australia..and it's run by a very very ,,curr,p,, public self servents

  • @Jimmy-mx4cc
    @Jimmy-mx4cc 2 місяці тому

    Hmmm...im thinking of becoming a non resident..of Australia...but the Philippines where I'm planning to live for decades... only available visa is a tourist visa that after 3 year's..i have to leave Philippines and then next day return and do the same ting again .. .. there's no immigration visa available.. Do i definitely need .to immigration permanent vist to become a Australian no. Resident????

  • @mark10601
    @mark10601 2 місяці тому

    Good questions

  • @ukbulldog2024
    @ukbulldog2024 2 місяці тому

    Dubai had VAT (5%) Corporation Tax (9%) NO Income taxes. Accounts to be filed and VAT/Corp Tax and Employment Returns will cost you a minimum of USD5K. IN Dubai you need annual Licenses costing USD5K. Lots of low quality personnel on Dubai. Unless, you are able to undertake business that is IT Lead. Dubai has poor pedestrian and local busses infrastructure. How can anyone survive 45C for 9 months of the year. Dust Storms and lots of exploited Indians and Pakistani people living 4 to a Room. Dubai is an open air Prison.