If you need any help or advice when it comes to registering a Dubai Free Zone company, getting a visa & residency in the UAE then book a free consulting call with me here: rebrand.ly/martin101call
So how does it work with a crypto investor that doesn’t day trade and just cashes out ? How does this work with the freezone. Is it classed as a capital gain but you still need to have filing and audits ?
Capital gains and losses on crypto is not subject to corporate tax. For crypto - you need to setup a company with a crypto license if you’re going to be buying and/or selling crypto even for long-term investment. If you need more info on how to do this feel free to book a call and I’d love to give you more info and assist you with the process. (There is a link in the description)
I’m glad you liked the video! The price depends on a number of factors such a trade license type & duration, number of business activities, number & type of visas, business setup & structure, type of business, tax residency & international tax strategies, etc. So feel free book a call with us to have a better understanding of your business & what you want to achieve. (There is a link in the description) And then depending on your situation and the setup that you need, we can offer you different pricing options.
Hi.. that a very good video.. but just to make sure I understood it right.. if I am a tech startup that sells subscription all over the world and I make idk, $5M a year for example.. I am no longer subject to pay 0% corporate taxes.. not counting the salary trick… but I have a holding company in the UEA and another one for example in Australia, then I would be able to pay 0% on my holding company… am I right??? Probably not.. kkkkkkk
You can pay 0% corporate tax on the income of a UAE holding company if this is a dividend income from a subsidiary company or a company you have shares in as long as you meet certain conditions. If you want to know how this could work feel free to book a call and I’d love to explain in more detail how this works. (there is a link in the description)
Is it possible to get a dubai tax residency without a free zone ? What is the lowest total cost option for a uae ifza free zone incorporation and yearly maintenance ? meaning the strictly necessary costs, incorporation fee, and related costs, including the yearly maitenance expanses. Clear answers please akhi
It’s hard to answer these questions before understanding your current situation and your actual objectives first. And what will specifically work for you and what will be the cost. You can become a tax resident by becoming a resident first even without a Dubai Free Zone company. However, whether this is beneficial to you or not is a different question. Sometimes this might do more hard than good. The cost for setting up a Dubai Free Zone company varies greatly based on number of factors such as a trade license type & duration, number of business activities, number & type of visas, business setup & structure, type of business, tax residency & international tax strategies, etc. and also what’s the lowest cost depends on your perspective - this could be lowest upfront cost or lowest long-term cost (and these are different things). Feel free to book a call with me and after I learn about your situation, business and your goals I can build the right strategy & setup for you and offer you different pricing options based on that. (There is a link in the description)
how much maximum salary (upper limit) can be paid from company profit? If a company makes $50 million, is there a uae law which prevents the CEO to pay himself the entire amount as salary?
This is determined on case by case basis. There isn’t a specific number. However, the salary paid is remuneration for the owner’s labour. So there must be a justification for paying yourself x amount salary. And there are number of factors that affect how much you can pay yourself in salary.
You need to be thrown in jail for giving such terrible advice. ANYONE thinking this garbage will work “paying yourself income out of the Corp” will suffer major consequences, aka you WILL be taxed.
If you need any help or advice when it comes to registering a Dubai Free Zone company, getting a visa & residency in the UAE then book a free consulting call with me here: rebrand.ly/martin101call
Thank you. :) Paying myself salary is an option I didn't know.
Look forward to talking more on our next call!
Check that, I was told you can't deduct your salary
This is genuinely the best video on this I've seen, incredibly helpful. Shot you a follow!
I’m glad you enjoyed the video 😀
Great video Martin!
Love how you broken it down and gave tangible information that people can actually use.
Thank you
Hey Josh, I’m glad you liked the video
Bro, what about tax deductions? The law is very grey and nobody explain how can we play with it
You can make tax deduction. That’s explained in the corporate tax law
So how does it work with a crypto investor that doesn’t day trade and just cashes out ? How does this work with the freezone. Is it classed as a capital gain but you still need to have filing and audits ?
Capital gains and losses on crypto is not subject to corporate tax.
For crypto - you need to setup a company with a crypto license if you’re going to be buying and/or selling crypto even for long-term investment.
If you need more info on how to do this feel free to book a call and I’d love to give you more info and assist you with the process.
(There is a link in the description)
Hi, Very Nice video.
What will be the cost of setting up a business in IFZA, including 1 Visa and Medical and all?
I’m glad you liked the video!
The price depends on a number of factors such a trade license type & duration, number of business activities, number & type of visas, business setup & structure, type of business, tax residency & international tax strategies, etc.
So feel free book a call with us to have a better understanding of your business & what you want to achieve.
(There is a link in the description)
And then depending on your situation and the setup that you need, we can offer you different pricing options.
Hi.. that a very good video.. but just to make sure I understood it right.. if I am a tech startup that sells subscription all over the world and I make idk, $5M a year for example.. I am no longer subject to pay 0% corporate taxes.. not counting the salary trick… but I have a holding company in the UEA and another one for example in Australia, then I would be able to pay 0% on my holding company… am I right??? Probably not.. kkkkkkk
You can pay 0% corporate tax on the income of a UAE holding company if this is a dividend income from a subsidiary company or a company you have shares in as long as you meet certain conditions.
If you want to know how this could work feel free to book a call and I’d love to explain in more detail how this works.
(there is a link in the description)
Is it possible to get a dubai tax residency without a free zone ?
What is the lowest total cost option for a uae ifza free zone incorporation and yearly maintenance ?
meaning the strictly necessary costs, incorporation fee, and related costs, including the yearly maitenance expanses.
Clear answers please akhi
It’s hard to answer these questions before understanding your current situation and your actual objectives first.
And what will specifically work for you and what will be the cost.
You can become a tax resident by becoming a resident first even without a Dubai Free Zone company. However, whether this is beneficial to you or not is a different question.
Sometimes this might do more hard than good.
The cost for setting up a Dubai Free Zone company varies greatly based on number of factors such as a trade license type & duration, number of business activities, number & type of visas, business setup & structure, type of business, tax residency & international tax strategies, etc.
and also what’s the lowest cost depends on your perspective - this could be lowest upfront cost or lowest long-term cost (and these are different things).
Feel free to book a call with me and after I learn about your situation, business and your goals I can build the right strategy & setup for you and offer you different pricing options based on that.
(There is a link in the description)
how much maximum salary (upper limit) can be paid from company profit? If a company makes $50 million, is there a uae law which prevents the CEO to pay himself the entire amount as salary?
You can't do it, owner's salary is not part of the Expeses line in the Income Statement
Question is how big can be the salary? Are there any limits?
This is determined on case by case basis. There isn’t a specific number.
However, the salary paid is remuneration for the owner’s labour. So there must be a justification for paying yourself x amount salary.
And there are number of factors that affect how much you can pay yourself in salary.
@@MartinZhelcan you make a video on other options where there is zero corporate tax? Uae is no longer a lucrative option
Forex traders for the win !
You need to be thrown in jail for giving such terrible advice. ANYONE thinking this garbage will work “paying yourself income out of the Corp” will suffer major consequences, aka you WILL be taxed.