Everything you NEED to know about setting up a business in Dubai | Q&A with expert consultant

Поділитися
Вставка
  • Опубліковано 1 гру 2024

КОМЕНТАРІ • 119

  • @prathikshirur4803
    @prathikshirur4803 Рік тому +8

    Such an underrated video ! Brilliantly explained as well. Gives a good head start for anyone wanting to understand how businesses are structured in UAE. Would love to see more content like this 👍🏽

  • @mohammednura.h6102
    @mohammednura.h6102 Рік тому +21

    freezone with 1 vissa = 7000aed to 18000aed, mainland = 15000aed to 30000aed bud dont forget you will have to pay around the same price to renew it every year

    • @Vijayrk006
      @Vijayrk006 9 місяців тому

      How much money do you need to open a new restaurant in Dubai?

    • @tsuffara8087
      @tsuffara8087 8 місяців тому

      ​@@Vijayrk006I would also like to know.

    • @shoaibriz
      @shoaibriz 8 місяців тому +2

      That's a rip off.

    • @sairon63
      @sairon63 5 місяців тому

      Mainland from AED15? Where?😮

  • @UtopiaBlue68
    @UtopiaBlue68 Рік тому +14

    Thank's Guy's! This is the type of content I absolutely appreciate as I have my own personal interest in my own business and my friends and family will also gain a tremendous amount of really great information from you that proves both insightful and knowledgable from first hand experience. Stay strong and Stay Healthy Guys "Matt"... Lolz and of course you too Summer.

  • @PassportHeavy
    @PassportHeavy 6 місяців тому +3

    Hi, great video, one of our colleagues paid for Creative Zone services from the strength of this video and has been stuck in Dubai for 19 days after being promised the process would take a maximum of 7 days and is having a horrendous experience. He has tried to resolve in house and is not working.
    Can you ask Shelin to get in touch please?

  • @laureacanga8277
    @laureacanga8277 Рік тому +7

    So so helpful guys. Thanks a lot!

    • @525DaVinci
      @525DaVinci 5 місяців тому

      Take everything you hear on this video with a pinch of salt, I used this company and it was painfully slow, very complicated and double the price of alternative companies.

  • @Franzi_Chopra
    @Franzi_Chopra 7 місяців тому +1

    That is a great video … I was doing research the whole morning and could not find simple answers… now watching your video is gold 💖 thank you both, you are a wonderful couple and really inspiring. Now I have “everything” I was looking at least to get started. Also love your guest - once things are getting more concrete on my/our end would definitely love to work with her.

  • @GeorgeFlorea24
    @GeorgeFlorea24 Рік тому +1

    This content is full of useful information ,Currently my self a student in third year ,business management courses in UK ,after finishing my courses in 2025,for sure wish to move to Dubai and to do same type of business(formation of businesses across Dubai for foreign interested people)

  • @finance-fix
    @finance-fix Рік тому

    This Q&A was really helpful me before I did it - and then decided to publish a video on the same topic! Hope it adds value to those looking as well. Paying it forward!

  • @deepaknasta2506
    @deepaknasta2506 Рік тому +1

    This convo was so helpful. Looking to move to Dubai in the next three years. So this was great info.

  • @multa7053
    @multa7053 Рік тому +2

    Free Zones could be taxed with the new laws because there's going to be a few requirements to be completely tax free. The most important requirement is the qualifying income which will be tax free but there hasn't been introduced a limit yet and they could still introduce one. And transfer pricing etc. is mandatory.

  • @gerassimos.fourlanos
    @gerassimos.fourlanos Рік тому +2

    I can imagine a situation where you do international business (from a free zone) but you also have transactions with the mainland, e.g., procurement of supplies, buying consulting services, or even selling part of the produce to local wholesalers. What is valid then?

    • @BjornMr
      @BjornMr 10 місяців тому +1

      I'm in the exact same situation, would you mind letting me know if you found the answer?

    • @gerassimos.fourlanos
      @gerassimos.fourlanos 10 місяців тому

      @@BjornMr Not yet...

    • @emadsli702
      @emadsli702 7 місяців тому

      Also to answer your question, Freezone visa is valid for the above business type.

  • @WaqasShahzad
    @WaqasShahzad Рік тому

    Thank you for the great video. Loved it.
    I want to highlighted one important point regarding licensing cost. Every year you will have to pay for renewal of the license which will cost you almost same amount you paid initially. So it is not one time payment, you will have to pay every year.

  • @Takeonm
    @Takeonm Рік тому

    Wow it’s amazing to see where you’ve reached from seeing your first videos. Congratulations on the move and this is amazing content. So helpful!! Cleared up a lot of confusion and your guest was so well spoken and clear. Thank youuuu

  • @crumb6407
    @crumb6407 6 місяців тому

    Very informative and to the point. Great content :)

  • @philday6045
    @philday6045 Рік тому +1

    Starting with business ideas and purposes for supplying services. Giving guides about what to start researching, taking into consideration there are lots of variables, some may be known, and some that need to be discovered or rediscovered? Thank you, Matt, and Summer and consultant not sure of the spelling for first name.

  • @Helenavontrojaa
    @Helenavontrojaa 8 місяців тому

    Shelin!! Met her last week she's great

  • @realtorrasheeddubai
    @realtorrasheeddubai 7 місяців тому +1

    Dubai is the best place for business and real estate investment

  • @LifeofKamalOfficial
    @LifeofKamalOfficial Рік тому +1

    Brilliant podcast guys, very insightful. Thank you!

  • @awakenthegreatnesswithin
    @awakenthegreatnesswithin Рік тому +2

    This was great, thank you

  • @2xiv984
    @2xiv984 10 місяців тому

    Really great questions and very well explained thank you so much for the info!

  • @KB_4404
    @KB_4404 Рік тому +2

    With mainland business do you have to have a certain number of emiratees working for you?

  • @jamesking2822
    @jamesking2822 Рік тому +1

    Fantastic video guys, great information 👍

  • @KPJPflorida
    @KPJPflorida Рік тому +1

    Such a great informative video, thx guys sooo good! Love the idea of a Golden Visa

  • @betweenlamppost
    @betweenlamppost Рік тому +3

    Doing business in UAE is not that complicated, always remember everything is wishy washy, if there are any rules they are easily broken, you will have a minder that minds your business, and that minder is an UAE citizen whose only job is to collect kickbacks!

  • @jeannezn
    @jeannezn 9 місяців тому +2

    I am an employee on company sponsorship but want to set up my business in Dubai. How can I do that without obtaining an NOC from my company?

  • @WavemStudios
    @WavemStudios Рік тому

    Great setup and production value with spot on information, thanks guys...

  • @MANCO513
    @MANCO513 9 місяців тому

    Is there any way I can find out what category my business is placed? Perhaps a website or a video?? Thanks

  • @Caroline-mv2ls
    @Caroline-mv2ls Рік тому +1

    Very informative guys ☮️❤️

  • @alexhastings8101
    @alexhastings8101 Рік тому +1

    Thank you so much. Fantastic content.

  • @dawidone
    @dawidone Рік тому +1

    Guys great video, I myself looking to move somewhere more tax efficient. I would like to know how much money do one need to rent a accommodation in Dubai before buying your own property?

    • @emadsli702
      @emadsli702 7 місяців тому

      And the answer for your question is No, we can even help you set up the business before you go to Dubai

  • @ramoblondy23
    @ramoblondy23 Рік тому

    Wonderful guys! Thank you so much! 🙏❤️

  • @Nickspizza413
    @Nickspizza413 Рік тому +1

    With regards to freezone vs. Mainland, are you restricted in where you can live in the UAE or Dubai specifically?

    • @mattandsummer
      @mattandsummer  Рік тому +1

      No I dont think it affects where you can live! Best to check with Shelin though :)

  • @MizMundoAdventures
    @MizMundoAdventures 5 місяців тому +1

    If I register a marketing business License in Sharjah Freezone for example, willI only live and operate in Sharjah? Or can I have clients in Dubai and Abu Dhabi?

    • @Brett_Bond
      @Brett_Bond 7 днів тому +1

      Clients from anywhere in the World and you can also setup the office in Dubai or any other Emirate (*in some freezones it has this feature).
      If you are into trading then 5% Vat would be there if you send your products to the Mainland and sell there.

  • @moonwalk6404
    @moonwalk6404 Рік тому +1

    Very interesting, thank you!

  • @cryptonomous888
    @cryptonomous888 Рік тому +1

    Everyone seems to be moving to Dubai to avoid (not evade) tax. Smart guys!

    • @spaghett1239
      @spaghett1239 Рік тому +1

      It’s not smart it’s crooked, we all need to pay our share of taxes otherwise how’s the country to function. What are these people going to do when they need medical treatment, come back to the UK no doubt. Multinationals should also not be allowed to avoid tax.

    • @cryptonomous888
      @cryptonomous888 Рік тому +1

      @@spaghett1239 I guess everyone is crooked…you see how many people are moving to Dubai for this very reason?

    • @villhelm
      @villhelm 11 місяців тому

      The reason taxes are so high in the U.K. is because the government is crooked and has spent far more than they earn indebting the nation and lining their own pockets. If you want to keep putting money in the pockets of corrupt politicians, big business, and the banks - go right ahead, but don’t expect the rest of us to do that. Your taxes don’t pay for services in the U.K., they pay off the interest on the debt, and the government borrows more money at interest to keep the charade going and taxes you to pay for it. I don’t like paying for bombs to be dropped on foreign children, so I don’t.
      Don’t act like you’re in some way being ethical by paying U.K. taxes, you’re also paying for children to be murdered in illegal military conflicts.
      The most prosperous countries in the world have the lowest tax rates. Look at Hong Kong and Dubai.

  • @Hattila17
    @Hattila17 Рік тому

    Thank you guys, very informative content.

  • @ussamaalkaissi2994
    @ussamaalkaissi2994 Рік тому

    Thank you for a great and informative video

  • @MusicGodsNFT
    @MusicGodsNFT Рік тому

    This has been an incredibly well produced and informative podcast. I loved the format, the content, and presentation and such concise explanations on what is quite the multifaceted topic. Thank you! Be well.

  • @IpsanAdventures
    @IpsanAdventures Рік тому

    great information! thanks for sharing!

  • @Zicoftbl1
    @Zicoftbl1 Рік тому +1

    i have a business in the uk and the tax rates are so high i want to avoid it by setting free zone company in the uae how can i do that ??

    • @naeembakshh
      @naeembakshh Рік тому

      For tax planning, UAE is the best country.
      Freezones are perfect to start your business going.
      Now it comes down on to how are you planning to operate it.

  • @angeliquefranklinprm
    @angeliquefranklinprm Рік тому

    Hey Matt, Summer great video🙏🏾🙌🏽- I filled out the contact form on Monday, but never heard back from Shelin/anyone??

  • @shekharko
    @shekharko Рік тому

    Can you plz tell which camera is used in podcast,i am watching your vlogs from very long past

  • @salimflag8691
    @salimflag8691 Рік тому

    Great job ❤

  • @trinoisteyeg3787
    @trinoisteyeg3787 25 днів тому

    9% corporate tax in UAE what about your home country? Are you being double taxed?

  • @JosephHess-i8i
    @JosephHess-i8i Рік тому +1

    I see so many of these consultants and firms that do this. Can people do the paperwork and legwork on their own?

    • @vaghasiyaishali6409
      @vaghasiyaishali6409 11 місяців тому

      No. Consultant do the papar work and legalwork .

    • @vaghasiyaishali6409
      @vaghasiyaishali6409 11 місяців тому

      If u have other queries u can ask because I'm working in one of business set up consultant firm

    • @emadsli702
      @emadsli702 7 місяців тому

      Unlike what others may say, you can ro it yourself for sure.
      However , since you are not an expert you may apply for irrelevant Licence, get hammered with headen fees. And above all, you might lose all of the money due to wrong step .. you know paperwork!
      So, Instead, and with small fees un comparable to the risk doing it alone, we can help you with all the process.
      We will just require some documents and we will do the JOB right from the first time.

  • @LinusGeijer-gy8nt
    @LinusGeijer-gy8nt Рік тому +1

    How much is a golden visa?

    • @naeembakshh
      @naeembakshh Рік тому

      Around AED10-12K
      You must fit in one of the criteria to apply.

  • @thushanherath2793
    @thushanherath2793 Рік тому +1

    Different video to others, but really appreciate the content.

  • @burnastro9599
    @burnastro9599 Рік тому

    She told you need to travel into UAE at least twice a year. But what about golden visa holders for 10 years? Those requirements are dropped for golden visa holders?

    • @jaycalvin3783
      @jaycalvin3783 Рік тому

      Yes, once you have golden visa you’re free to be wherever you want.
      This is because you’ve invested a lot into their country.

  • @mrdada8877
    @mrdada8877 11 місяців тому

    Name of the company u using ?

  • @KonstantinZavizion
    @KonstantinZavizion Рік тому

    Thank you!

  • @khalidvlogs9887
    @khalidvlogs9887 Рік тому +3

    I’m coming to Dubai next week I will be there for about 9 night

  • @nadianiazi3983
    @nadianiazi3983 4 місяці тому

    Hi dear thanks for all these informations. I live in Canada and I want to come to Dubai and open a bakery business in there could you please help with that

  • @personhere9810
    @personhere9810 Рік тому

    Great video

  • @AgentOnTube
    @AgentOnTube 11 місяців тому

    There is no 0% tax anymore , right?

  • @theglobalfreelancersnetwor4956

    Habibi Come To Dubai

  • @MohamedAlnuaimi71
    @MohamedAlnuaimi71 Рік тому

    I wish you all the best 😊

  • @Estacios
    @Estacios 8 місяців тому

    Good Video

  • @Nickspizza413
    @Nickspizza413 Рік тому

    I almost spoofed up my drink when she said Matt was unfortunately going to die.

  • @Atlanta96
    @Atlanta96 Рік тому

    What's up Guys you Never put out the info About how to contact your Guest

  • @Estacios
    @Estacios 8 місяців тому

    Thanks

  • @klaudiapodgorska2513
    @klaudiapodgorska2513 6 місяців тому

    what is Sharia Law? i have never heard about it and i am selling properties daily to polish people

  • @mrdada8877
    @mrdada8877 11 місяців тому

    What the name of her company?

  • @DriveforLaser
    @DriveforLaser Рік тому

    How much is the fee to set up company by English lady

    • @naeembakshh
      @naeembakshh Рік тому

      It starts from 5,500.
      Which would just give you the business license

    • @businessaccount7813
      @businessaccount7813 Рік тому

      Hi im currently in Dubai how do we contact your company? Can't seem to see it anywhere?
      Thank you

    • @michaeljose8122
      @michaeljose8122 11 місяців тому

      @@naeembakshh is that 5500 usd may i ask or aed?

    • @naeembakshh
      @naeembakshh 11 місяців тому

      @@michaeljose8122 5,500 AED

    • @vaghasiyaishali6409
      @vaghasiyaishali6409 11 місяців тому

      ​@@michaeljose8122 it's aed. U can get a license that will cost u about 5500-20000 aed depends on nature of your business

  • @nhgg6378
    @nhgg6378 Рік тому +1

    Beautiful day
    007^^

  • @parinayatalks6735
    @parinayatalks6735 Рік тому +1

    Nice

  • @fatwallet13
    @fatwallet13 9 місяців тому

    Hi was the $10K you spent in total for the two of you?

  • @TestTest-zb3dt
    @TestTest-zb3dt Рік тому +1

    I'll stick to working in Asda on £11 an hour.

  • @AnnaUzarowska
    @AnnaUzarowska Рік тому

    The tax info is unfortunately not exactly correct and not so simple... requires a professional advise.

    • @525DaVinci
      @525DaVinci 5 місяців тому

      DO not trust the advice given by Creative Zone, I used their services and am being told 9% Corporation Tax also applies in Freezone companies. I would not recommend Creative Zone, expensive, slow and always trying was to get more money from you without providing any advice or recommendations

  • @barryskywalker2020
    @barryskywalker2020 Рік тому

    Is there a phone number and email for Shelin?

  • @mintaj3015
    @mintaj3015 11 місяців тому

    Hahaha funny how no one has issues with Sharia law when it comes to Dubai. 😂😂😂

  • @frankcarlos6762
    @frankcarlos6762 Рік тому

    nice couple

  • @RozajustJust
    @RozajustJust Рік тому +1

    Those Middle East countries there is zero Garanti one day country’s will collapse
    And lost all your money
    And wait for next rule that all of you will pay much higher tax then uk
    You guy ran out to avoid tax but make sure the tax you pay for the country you get it back for example your kid’s school is free how much that cost in there !! Tax free is joke there they take your money from other way
    Lot of activities make you poor which they made to spend hope you save in the end of month my friends 😢

  • @GhanYt
    @GhanYt Рік тому

    I believe a video on "How to profit from the present market" will be more effective because, given the way the market is moving, we'll likely retain our investments for longer than 2030 before making a profit. After all, I've heard of people who have made up to $250K in a matter of months and I'd like to know how.

    • @bahijarhafiri
      @bahijarhafiri Рік тому

      very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.

    • @bahijarhafiri
      @bahijarhafiri Рік тому

      I directly work with "ROCH DUNGCA-SCHREIBER "; she explores areas like insurance, retirement planning, tax advantages, and techniques to reduce volatility risk and several similar items. Just look up her complete name online. As she is well recognized, finding her shouldn't be difficult.

  • @CryptoGainsChannel
    @CryptoGainsChannel 9 місяців тому

    You guys a great 😊 we have a similar size following. Would be great to catch up with you guys in dubai when I'm out there next. 😊
    Cheers
    Crypto Gains.

  • @donelmediterraneo8626
    @donelmediterraneo8626 8 місяців тому

    5:10

  • @archicadesigner
    @archicadesigner Рік тому

    😂🎉eee

  • @zakijamil8986
    @zakijamil8986 9 місяців тому

    she does not know about shariah law properly with that comment she made

  • @alaynewinkleblack9601
    @alaynewinkleblack9601 Рік тому

    *Promo sm*

  • @samirbenabdallah9462
    @samirbenabdallah9462 7 місяців тому

    Peace be upon you.
    Believe in ALLAH (GOD) and the judgement day and do good deeds.
    Don't show non well covered women that will be better for you in this life and the heaerafter.
    Ladies cover your bodies that will be better for you in this life and the heaerafter.

  • @sdcraig
    @sdcraig Рік тому

    What if you're gay?

    • @multa7053
      @multa7053 Рік тому

      Nobody really cares in Dubai

    • @lawrencer25
      @lawrencer25 Рік тому +1

      Just dont bend forward to pick something off the floor 😂😂😂😂

    • @betweenlamppost
      @betweenlamppost Рік тому +1

      @@multa7053what are you talking about, it’s very taboo, it’s a Muslim country!

    • @TestTest-zb3dt
      @TestTest-zb3dt Рік тому

      That lot hate the gayz. Does that mean the gayz can hate them back?

    • @fozzy1004
      @fozzy1004 Рік тому

      It's the same as if your not gay, just don't fool around in public and be careful showing public displays of affection, same rules for everyone, just don't be stupid and ignorant and respect your in a Muslim country.