Dubai Freelance Visa Explained (TRUTH)

Рет қаралды 28,092

Күн бұрын

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Important Disclaimer: This video is for informational purposes only and should not be considered as tax or financial advice. It's essential to consult with a certified professional for personalized guidance and to ensure your specific circumstances are taken into account.
At GenZone, we're all about making life in the UAE tax-free and exciting. We're your go-to experts for setting up businesses, slashing those tax bills, and even exploring citizenship through smart investments. Think of us as your secret sauce for unlocking the ultimate tax-free lifestyle in the UAE.
Advantages of Setting Up in Dubai:
Business-Friendly Environment: Dubai offers a business environment characterized by minimal bureaucracy, open policies for foreign investors, and favorable tax regulations, including zero income tax for individuals and corporations.
Free Zone Benefits: Dubai's free zones present enticing advantages, such as full foreign ownership, repatriation of profits, and exemptions from import/export duties, offering an attractive environment for businesses.
Mainland Companies in Dubai vs. Free Zone Companies: A Comparative Analysis
Dubai, often hailed as the business hub of the Middle East, offers entrepreneurs two distinct pathways to establish their enterprises: mainland companies and free zone companies. 🏙️🏢 Each option comes with its unique advantages and considerations, catering to diverse business needs and goals. This essay delves into the comparative analysis of mainland companies and free zone companies in Dubai, shedding light on their respective characteristics, benefits, and potential drawbacks.
Mainland Companies:
Mainland companies in Dubai hold a distinct advantage in terms of accessibility to the local market. They have the liberty to operate across the entire UAE market without geographical restrictions. Moreover, mainland companies can freely engage in business with both local and international clients. This direct market access can be pivotal for businesses that intend to target a broad customer base and establish themselves as local entities. 🌍🌐
However, mainland companies are subject to certain regulations and requirements. One notable requirement is the need for a local UAE partner, holding a majority stake in the company. While this arrangement facilitates cultural understanding and local connections, it may limit the level of ownership control for foreign investors. 👥📜
Another aspect to consider is the adherence to UAE labor laws, which can be more stringent for mainland companies. These laws encompass employee rights, sponsorship, and hiring practices. This setup ensures better protection for workers but might involve a more complex process for companies to comply with. 👷‍♀️📋
Free Zone Companies:
On the other hand, free zone companies offer a unique proposition in terms of 100% foreign ownership. This factor makes them particularly appealing to international investors. Free zones are designated areas with specialized regulations and incentives aimed at fostering economic activity and attracting foreign investment. These zones cater to specific industries such as technology, media, finance, and more. 🌐🆓
Free zone companies benefit from streamlined procedures for business setup, reduced bureaucracy, and the convenience of a one-stop shop for administrative needs. Moreover, they often enjoy exemption from corporate and income taxes for a specified period, creating a favorable environment for profit retention and growth. 💼🏢💰
However, free zone companies have certain limitations. One critical limitation is the restriction on conducting business outside the free zone or within the local UAE market without involving a local distributor or agent. This can limit the scope of operations for businesses aiming to tap into the broader UAE market. 🌐🛑
Additionally, while free zones offer an excellent setup for foreign investors, they might not be the ideal choice for businesses focused on the local market or those requiring a physical presence across the UAE. 🇦🇪📈
#GENZONE #GENZONEDUBAI #DUBAI #FREEZONE #MAINLAND #uae #uaelife

Пікірлер: 34

@GenZone_ Жыл бұрын

I made an Updated video to explain this even better watch this: kzbin.info/www/bejne/qqezYaebrsh1mrMfeature=shared

@JayBee-bf7gp 2 ай бұрын

But you gave the right information. Integrity is very valuable and with this you seem richer than many. God speed

@GenZone_ 2 ай бұрын

@@JayBee-bf7gp thank you sir 🤝

@Saarim- Жыл бұрын

Great video - Learned a lot

@GenZone_ Жыл бұрын

Glad it was helpful!

@mentalizate1 4 ай бұрын

All licenses we need to pay yearly , there is no one we pay for the full 2 years with visa-Id

@iamatuae 11 ай бұрын

Could you elaborate everything? For e.g., do you need a degree for freelance visa? Do you need to be available in Dubai? Why there is a price difference for freelancer's visa by different companies? Isn't the cost almost same as a company registration? Also, for freelance, they ask for 3 months statement from bank. Does this have to be a company account or can it be personal bank account? Can content creators apply for a freelance visa? What if I am looking for a job, and 2 months visit visa is not enough, then can I apply for a freelance visa?

@GenZone_ 10 ай бұрын

1. You do not need a degree 2. You need to be available in Dubai to complete the residency process. 3. You may need statements depending on your company structure, location, and contacts. With us we don't need statements. 4. The freelance visa does not exist please watch again. Its just a business license. 5. If you are looking for a job this is not suitable for you.

@justjack3075 9 ай бұрын

omg he just explained everything... they do need more slaves tho 😂

@wedemboyzzz 9 ай бұрын

@@GenZone_so if i want more than 2 months visit visa to find a job, what should i do or what visa should i get ?

@mentalizate1 4 ай бұрын

But freelance visa can I get as employee if a get a job and so I will lose this freelance visa? But if I get the freelance visa so I can’t sell online products right? So ?

@relaxingsoundsoftheworld5139 Жыл бұрын

can you breakdown the process of moving to dubai with you guys and the help you guys at gen zone provides with setting up the freezone companies and the medical exam, setting up bank accounts, and how long this all would take.

@GenZone_ Жыл бұрын

Hi! We have videos that cover exactly this. Feel free to book a call with us as well.

@bezyk.digital 7 ай бұрын

so what are the limitations you mentioned but didn't disclose on the video?

@christiansepulveda2710 10 ай бұрын

Could I get this visa as remote closer? (Sales) nice video btw 👍🏻

@Squamousepithilium 5 ай бұрын

But how about for self employed people through online earnings? Can you pls share any information about it?

@lifeofSN1 Жыл бұрын

Great breakdown, this license is such a misconception. People should just stay away from it...

@GenZone_ Жыл бұрын

100% agree!

@sumant2000 4 ай бұрын

If one does not have any idea to earn money. But did jobs only for life time. No point in having freelancer visa. How to earn money

@TowhidAhmed-q1u 2 ай бұрын

Bro I am now learning graphic design work in freelancing. How is the demand for graphics design in Dubai now or can you go to Dubai with graphics design? Please let me know.

@zafarimammm 6 күн бұрын

Can I be doing a job in india remotely tech job, and still be enjoying this freelance visa, will my employer allow this, or is there a need to ask my employer about this

@javedmazumder782 18 сағат бұрын

You will have to permission from your employer. You cannot work outside of your job, it's called moonlighting. Google.

@filmtv431 5 ай бұрын

No it is not a licence

@Bharath_TV 10 ай бұрын

Thank you

@Pipsum Жыл бұрын

Can a individual forex trader do trading with freelance visa? Is this activity allowed in this permit? Thanks

@GenZone_ Жыл бұрын

Depending on the purpose and nature of your trading, there are many options as a trader. Please book a call so we can discuss in detail: calendly.com/genzone/genzone-free-consultation-yt