Running a Business in Dubai – FULL GUIDE [Video]

🇦🇪 Want to get set up in Dubai? Book a Free Consultation – https://calendly.com/genzone/dubaisetup

🇦🇪 FULL GUIDE: How to Move to Dubai in 2024: Everything You Need to Know – https://youtu.be/WsVp7pRIt58

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RESOURCES:
Wio Business – https://www.wio.io/business/
UAE Corporate Tax Guide – https://tax.gov.ae/Datafolder/Files/Guides/CT/CT%20General%20Guide%20-%20EN%20-%2010%2009%202023.pdf
Emara Tax – https://tax.gov.ae/en/emaratax.aspx
UAE VAT – https://mof.gov.ae/vat/

I have been running a business here in Dubai for more than 1 year now so here are all the boring, day-to-day details that I wish before I got into this.

Running a business in UAE is incredibly easy overall, because they have deliberately made it easy to attract builders into the country, and as a rather big bonus you also get either 0% or 9% tax depending on a few factors.

But with that said, it is still a new country for most people coming here where certain things do work differently, and there are many things you simply want to be aware of.

CHAPTERS:
0:00 The Reality of Running a Business in Dubai
1:51 How to get set up in Dubai (watch out for this!)
3:51 How to open a bank account / which bank to use
5:33 Corporate Tax – How to pay 0% tax
9:40 VAT
11:31 Foreign companies
13:25 Operating a UAE company from abroad (0% tax?)
14:33 Paying yourself
15:22 Annual costs
16:45 Hiring employees

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