UAE Corporate Tax And Banking Issues: What You Need To Know

In this video, we discuss the current state of setting up companies in the UAE in 2024. With the introduction of corporate tax and VAT, many entrepreneurs are questioning whether the UAE is still a viable option for their business ventures. We provide an analysis of the advantages and disadvantages of forming a company in the UAE, highlighting which types of businesses benefit the most and which might face challenges. We also explore alternatives for different types of companies, such as investment management companies and offshore companies, and explain how to navigate the new tax landscape effectively. Whether you're considering forming a company in the UAE or looking for other tax-friendly jurisdictions, this video offers valuable insights and practical advice.

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0:00 Common Misconceptions in UAE
2:31 Business in the Middle East
3:13 Investment Management Companies
3:41 Offshore JAFZA Companies
5:06 Common Issues and Misunderstandings
6:23 Finance Companies
7:29 Crypto Companies
8:19 Marketing and E-commerce Companies
9:21 Conclusion
10:08 Get a 1 on 1 Consultation with me

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Mentioned in This Video:
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Disclaimer:
We are not financial advisors. The content on this website and our YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licenced financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!

Not Financial Advice:
Regardless of anything to the contrary, nothing available on or through this video should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.