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The Truth About Dubai’s New 9% Tax

2024-02-26 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 Get on the waiting list and join us for the next Nomad Capitalist Live: https://nomadcapitalist.com/live/ Join us as we delve into the implications of Dubai's new 9% tax rate for entrepreneurs and businesses. In this eye-opening video, we explore the challenges faced by individuals and companies in Dubai's free zones, debunk common misconceptions about tax workarounds, and unveil alternative tax-friendly destinations around the globe. 00:00 Start 00:32 Overview of Dubai's Tax Situation 2:02 Misconceptions about Dubai's 9% Tax 3:24 Is Taking Salary a Workaround? 8:48 Should Corporation Tax Neutrality be the Priority 11:15 Alternative Tax-Friendly Jurisdictions 15:26 Choose a Location Based on Personal Goals 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)

@OmarBenjumea 2024-02-27

I've found that the best UAE business solution for Americans is to leave the UAE and never look back.

63 2 replies
@abeeiland2996 2024-02-26

I love your truthfulness.

32
@cieloz7574 2024-03-10

An actually useful YT channel for UAE businessmen. Thanks man

21
@NigelDeForrest-Pearce-cv6ek 2024-02-26

Consistently Fascinating!!!!

13
@AMA_RILDO 2024-03-02

I’m from Italy, and the tax rate goes from 22% up to 70%. Definitely not tax friendly

11 1 replies
@samtheman9002 2024-02-27

I think Dubai is great place to start out on your journey to economic freedom. If you're looking to just get some real estate, start a business, you're making hundreds of thousands of dollars, it's great for that sort of thing. Once you've got millions then yeah you can move but you also have more options to move to because for a lot of countries it's just a matter of price to get a bank account or residency.

11
@Romeolmoore55 2024-02-26

I am going to look elsewhere. Thank you for the information.

9
@VirginArtsCreatives-js4pd 2024-03-28

The 9% is just the beginning. The Dubai seemed to forget that it's in the dessert. Tax free lifestyle.

6
@hossamgebeily 2024-03-09

Come to Nova Scotia, Canada. 15% tax. Terrible government services.

4
@nomadcapitalist 2024-04-17

If you liked this video, then about how "This One Passport Lets You Live in 15 Countries": https://www.youtube.com/watch?v=M7AqM-NH_Cs Become a Client: https://nomadcapitalist.com/apply/

1

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