EVERYTHING You Need to Set Up a Business in Dubai - Q&A w/ Dubai Setup Experts
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- Опубліковано 27 чер 2024
- 🇦🇪 Want to get set up in Dubai? Book a Free Consultation - www.genzone.co/booking/dubais...
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Today I got the chance to interview 2 business setup experts & my business partners from GenZone consulting to give you an overview about everything related to moving to Dubai, reducing taxes & much more!
✉️ Free Weekly newsletter on building a Life of Freedom around the World. - thetuomas.com/notes
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CHAPTERS:
0:00 Intro
1:10 Why move to Dubai?
4:40 Why Western tax systems are broken
8:20 The process to move to Dubai & setup a company - overview
12:55 Banking in Dubai
15:45 Our dumb mistakes when moving to Dubai
20:35 Mainland vs Freezone Company
22:55 Truth about 9% corporate tax
24:45 How much salary can I deduct in taxes
25:27 Who needs to register for corporate tax
26:17 Can I form a UAE company abroad and pay % tax?
29:00 How long do I need to live in UAE to be tax resident?
32:03 How much do I need to make to live in Dubai?
24:55 Moving to other Emirates in UAE (eg, Abu Dhabi)
35:50 Moving to Dubai with your partner
37:05 What to avoid in Dubai (how strict is Dubai?)
40:05 Who is Dubai right for?
45:17 Working with GenZone
Tags: moving to Dubai, dubai life, dubai cost of living, how to move to dubai, tuomas, tuomas kivioja, moving to uae, uae visa, uae residency, dubai visa, bubai company formation, how to start a company in dubai, is dubai expensive, why i moved to dubai
🇦🇪 Want to get set up in Dubai? Book a Free Consultation - calendly.com/genzone/dubaisetup
This video is more of a promotion and general info. than actual knowledge.
Crazy that this content is free! So much value!
What a fantastic podcast… very very good. I watched all videos online and this is by far the best one in detail. Keep up the great work
Great to hear!
Best discussion / advice I’ve seen regards moving to Dubai and realistic tax treatment 😊
Crazy value content 🫶
I love this format
Loved the episode! Booked a call :)
TY! Awesome information❤
I just moved my tax code to the isle of man so my wife could go outside without me having to escort her around all day. Avoid the risk of having to pick her up from a police station on the way home for being outside without me.
This was a great discussion. Could you talk a little about the "health inspection" that they require? What would cause someone to have their residency denied for health reasons?
Someone was denied because they find tuberculosis marks in his chest. Even though he wasn't sick
They test for hepatitis, HIV, leprosy, syphilis and tuberculosis. They also ask for past medical history. I'm not sure I can provide them with a past history , I dont go to the doctor much ahah :)
@@lovalona7389 Thank you very much for your response. At least SOMEONE answered me. I see Tuomas acknowledged/answered the comments before and after me, but skipped over my questions. You know this is very important information, especially if you burn through thousands of dollars of "consultancy fees" only to get to the medical part of the application and then get totally broadsided and have your residency denied. I was curious mostly about vaccinations. If they want a full medical history, then I am probably like you. I got a very thorough physical in 1998 and again in 2022 with nothing in between (except for a ER visit for a hiking accident and hospital records for an appendectomy). I try to stay away from "Western medicine" and I am in great health, especially for someone my age. I guess the medical question would be one for their free 45 minute call, but I'm not quite ready to be at the top of someone's funnel or to be put on some marketing lists. Not answering my questions here is not a good look, guys. I've owned a business since 1999 (the year our young hero Tuomas was born) and this year my consulting, book royalties and affiliate income will eclipse my normal business income. I will be ready to relocate in the next 12 months. I was looking at Paraguay as another option and another online guy (an American expat) was making it look so wonderful. When I started to ask questions, his replies were sketchy and fraught with bad spelling and grammar, and he was an American. I thought, how will he be with my paperwork if he is so sloppy with his English and can't reply in a timely way? Well, it's all about the red flags. A group of young kids who want to be consultants might just cost me. So, I appreciate you guys saving me some time by skipping over me here. Next!
@@lovalona7389 After all that typing, my comment got deleted. Well, thanks for proving my point, Tuomas. Unsub!
Hey i make money trading but dont own a company. Do I have to set one up to move dubai? I’m trying to move right now as soon as possible
Setting up a company is the easiest way to move to Dubai