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How to Escape Dubai's New 9% Corporate Tax

2024-04-24 Education
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Nomad Capitalist
Nomad Capitalist
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Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Join us at Nomad Capitalist Live for four days of knowledge and networking open to all: https://nomadcapitalist.com/live/ Join us as we explore the recent implementation of a 9% corporate tax in Dubai and its far-reaching implications for entrepreneurs and businesses. Learn more about the backstory of global tax agreements and understand why this tax shift is significant beyond just large corporations. Discover where you can relocate if you are looking to optimize your tax strategy, whether it's in neighboring countries in the Middle East or across the globe in Europe, Asia, or Latin America. 00:00 Start 00:38 Impact of Global Minimum Tax Negotiations 1:30 Changes in Free Zone Exemptions 4:52 Should You Care About This? 5:32 Alternative Options for Entrepreneurs 11:18 Your Options are not Limited! Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/ 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. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Top Comments (10)

@andrescv2665 2024-04-24

Dubai is too mainstream. It was amazing before 2020, better prices, less fake people, no traffic, before the tsunami of influencers came

96 6 replies
@RK-bx1by 2024-04-24

Qatar is sounding like a better option. You can register your company there and not pay corporate taxes while you yourself live in Dubai and pay no personal income tax. Qatar also has enough heft that they can resist being put on the FATF grey list or being called a tax haven, unlike the UAE. Turns out European countries really need that Qatari LNG right now and they'll do anything to keep their suppliers happy.

71 8 replies
@farooqkeita700 2024-04-24

Taxes never go backwards

61 1 replies
@hyperpedro2868 2024-04-24

Banking facilities should be taken into account too. You can spend a lot of banking fees in some countries and have no access to leverage. Dubai has extremely hot weather 4 months each year and is very expensive. It doesn't seem attractive anymore.

15
@ilikeshroomgals 2024-04-24

Nomad capitalist is most definitely not anti UAE. His pro go where your treated best.

7
@nomadcapitalist 2024-04-24

Stop wasting your money and get your Plan B now: https://nomadcapitalist.com/apply/ See what Dubai is hiding from you: https://www.youtube.com/watch?v=WpX3YKID3Kk

6 2 replies
@Vierett 2024-04-25

Can you do an episode on the best countries to live for day traders from a tax perspective?

5
@blurglide 2024-04-25

In 100 years, we'll be talking about how low the taxes are in Antarctica. 100 years after that....Mars. Jeez- as though the sandbox of Dubai weren't bad enough.

4
@taliajournee212 2024-04-25

Great breakdown Andrew, you mentioned so many countries that I was curious about!

2
@andreas_tech 2024-04-26

Great stuff!

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