Everything you NEED to know about setting up a business in Dubai | Q&A with expert consultant

  Рет қаралды 100,829

Matt & Summer

Matt & Summer

Күн бұрын

Пікірлер: 118
@prathikshirur4803
@prathikshirur4803 Жыл бұрын
Such an underrated video ! Brilliantly explained as well. Gives a good head start for anyone wanting to understand how businesses are structured in UAE. Would love to see more content like this 👍🏽
@mohammednura.h6102
@mohammednura.h6102 11 ай бұрын
freezone with 1 vissa = 7000aed to 18000aed, mainland = 15000aed to 30000aed bud dont forget you will have to pay around the same price to renew it every year
@Vijayrk006
@Vijayrk006 9 ай бұрын
How much money do you need to open a new restaurant in Dubai?
@tsuffara8087
@tsuffara8087 8 ай бұрын
​@@Vijayrk006I would also like to know.
@shoaibriz
@shoaibriz 7 ай бұрын
That's a rip off.
@sairon63
@sairon63 5 ай бұрын
Mainland from AED15? Where?😮
@Franzi_Chopra
@Franzi_Chopra 6 ай бұрын
That is a great video … I was doing research the whole morning and could not find simple answers… now watching your video is gold 💖 thank you both, you are a wonderful couple and really inspiring. Now I have “everything” I was looking at least to get started. Also love your guest - once things are getting more concrete on my/our end would definitely love to work with her.
@UtopiaBlue68
@UtopiaBlue68 Жыл бұрын
Thank's Guy's! This is the type of content I absolutely appreciate as I have my own personal interest in my own business and my friends and family will also gain a tremendous amount of really great information from you that proves both insightful and knowledgable from first hand experience. Stay strong and Stay Healthy Guys "Matt"... Lolz and of course you too Summer.
@GeorgeFlorea24
@GeorgeFlorea24 Жыл бұрын
This content is full of useful information ,Currently my self a student in third year ,business management courses in UK ,after finishing my courses in 2025,for sure wish to move to Dubai and to do same type of business(formation of businesses across Dubai for foreign interested people)
@WaqasShahzad
@WaqasShahzad Жыл бұрын
Thank you for the great video. Loved it. I want to highlighted one important point regarding licensing cost. Every year you will have to pay for renewal of the license which will cost you almost same amount you paid initially. So it is not one time payment, you will have to pay every year.
@PassportHeavy
@PassportHeavy 6 ай бұрын
Hi, great video, one of our colleagues paid for Creative Zone services from the strength of this video and has been stuck in Dubai for 19 days after being promised the process would take a maximum of 7 days and is having a horrendous experience. He has tried to resolve in house and is not working. Can you ask Shelin to get in touch please?
@finance-fix
@finance-fix 11 ай бұрын
This Q&A was really helpful me before I did it - and then decided to publish a video on the same topic! Hope it adds value to those looking as well. Paying it forward!
@deepaknasta2506
@deepaknasta2506 Жыл бұрын
This convo was so helpful. Looking to move to Dubai in the next three years. So this was great info.
@Helenavontrojaa
@Helenavontrojaa 8 ай бұрын
Shelin!! Met her last week she's great
@laureacanga8277
@laureacanga8277 Жыл бұрын
So so helpful guys. Thanks a lot!
@525DaVinci
@525DaVinci 5 ай бұрын
Take everything you hear on this video with a pinch of salt, I used this company and it was painfully slow, very complicated and double the price of alternative companies.
@multa7053
@multa7053 Жыл бұрын
Free Zones could be taxed with the new laws because there's going to be a few requirements to be completely tax free. The most important requirement is the qualifying income which will be tax free but there hasn't been introduced a limit yet and they could still introduce one. And transfer pricing etc. is mandatory.
@Takeonm
@Takeonm Жыл бұрын
Wow it’s amazing to see where you’ve reached from seeing your first videos. Congratulations on the move and this is amazing content. So helpful!! Cleared up a lot of confusion and your guest was so well spoken and clear. Thank youuuu
@philday6045
@philday6045 Жыл бұрын
Starting with business ideas and purposes for supplying services. Giving guides about what to start researching, taking into consideration there are lots of variables, some may be known, and some that need to be discovered or rediscovered? Thank you, Matt, and Summer and consultant not sure of the spelling for first name.
@2xiv984
@2xiv984 10 ай бұрын
Really great questions and very well explained thank you so much for the info!
@crumb6407
@crumb6407 5 ай бұрын
Very informative and to the point. Great content :)
@realtorrasheeddubai
@realtorrasheeddubai 6 ай бұрын
Dubai is the best place for business and real estate investment
@gerassimos.fourlanos
@gerassimos.fourlanos Жыл бұрын
I can imagine a situation where you do international business (from a free zone) but you also have transactions with the mainland, e.g., procurement of supplies, buying consulting services, or even selling part of the produce to local wholesalers. What is valid then?
@BjornMr
@BjornMr 10 ай бұрын
I'm in the exact same situation, would you mind letting me know if you found the answer?
@gerassimos.fourlanos
@gerassimos.fourlanos 10 ай бұрын
@@BjornMr Not yet...
@emadsli702
@emadsli702 7 ай бұрын
Also to answer your question, Freezone visa is valid for the above business type.
@LifeofKamalOfficial
@LifeofKamalOfficial Жыл бұрын
Brilliant podcast guys, very insightful. Thank you!
@dawidone
@dawidone Жыл бұрын
Guys great video, I myself looking to move somewhere more tax efficient. I would like to know how much money do one need to rent a accommodation in Dubai before buying your own property?
@emadsli702
@emadsli702 7 ай бұрын
And the answer for your question is No, we can even help you set up the business before you go to Dubai
@ramoblondy23
@ramoblondy23 Жыл бұрын
Wonderful guys! Thank you so much! 🙏❤️
@jeannezn
@jeannezn 9 ай бұрын
I am an employee on company sponsorship but want to set up my business in Dubai. How can I do that without obtaining an NOC from my company?
@jamesking2822
@jamesking2822 Жыл бұрын
Fantastic video guys, great information 👍
@WavemStudios
@WavemStudios Жыл бұрын
Great setup and production value with spot on information, thanks guys...
@KPJPflorida
@KPJPflorida Жыл бұрын
Such a great informative video, thx guys sooo good! Love the idea of a Golden Visa
@MANCO513
@MANCO513 8 ай бұрын
Is there any way I can find out what category my business is placed? Perhaps a website or a video?? Thanks
@awakenthegreatnesswithin
@awakenthegreatnesswithin Жыл бұрын
This was great, thank you
@MusicGodsNFT
@MusicGodsNFT Жыл бұрын
This has been an incredibly well produced and informative podcast. I loved the format, the content, and presentation and such concise explanations on what is quite the multifaceted topic. Thank you! Be well.
@KB_4404
@KB_4404 Жыл бұрын
With mainland business do you have to have a certain number of emiratees working for you?
@alexhastings8101
@alexhastings8101 Жыл бұрын
Thank you so much. Fantastic content.
@Caroline-mv2ls
@Caroline-mv2ls Жыл бұрын
Very informative guys ☮️❤️
@attilaharcsa134
@attilaharcsa134 Жыл бұрын
Thank you guys, very informative content.
@betweenlamppost
@betweenlamppost Жыл бұрын
Doing business in UAE is not that complicated, always remember everything is wishy washy, if there are any rules they are easily broken, you will have a minder that minds your business, and that minder is an UAE citizen whose only job is to collect kickbacks!
@moonwalk6404
@moonwalk6404 Жыл бұрын
Very interesting, thank you!
@cryptonomous888
@cryptonomous888 Жыл бұрын
Everyone seems to be moving to Dubai to avoid (not evade) tax. Smart guys!
@spaghett1239
@spaghett1239 Жыл бұрын
It’s not smart it’s crooked, we all need to pay our share of taxes otherwise how’s the country to function. What are these people going to do when they need medical treatment, come back to the UK no doubt. Multinationals should also not be allowed to avoid tax.
@cryptonomous888
@cryptonomous888 Жыл бұрын
@@spaghett1239 I guess everyone is crooked…you see how many people are moving to Dubai for this very reason?
@villhelm
@villhelm 10 ай бұрын
The reason taxes are so high in the U.K. is because the government is crooked and has spent far more than they earn indebting the nation and lining their own pockets. If you want to keep putting money in the pockets of corrupt politicians, big business, and the banks - go right ahead, but don’t expect the rest of us to do that. Your taxes don’t pay for services in the U.K., they pay off the interest on the debt, and the government borrows more money at interest to keep the charade going and taxes you to pay for it. I don’t like paying for bombs to be dropped on foreign children, so I don’t. Don’t act like you’re in some way being ethical by paying U.K. taxes, you’re also paying for children to be murdered in illegal military conflicts. The most prosperous countries in the world have the lowest tax rates. Look at Hong Kong and Dubai.
@Nickspizza413
@Nickspizza413 Жыл бұрын
With regards to freezone vs. Mainland, are you restricted in where you can live in the UAE or Dubai specifically?
@mattandsummer
@mattandsummer Жыл бұрын
No I dont think it affects where you can live! Best to check with Shelin though :)
@ussamaalkaissi2994
@ussamaalkaissi2994 Жыл бұрын
Thank you for a great and informative video
@angeliquefranklinprm
@angeliquefranklinprm Жыл бұрын
Hey Matt, Summer great video🙏🏾🙌🏽- I filled out the contact form on Monday, but never heard back from Shelin/anyone??
@MizMundoAdventures
@MizMundoAdventures 5 ай бұрын
If I register a marketing business License in Sharjah Freezone for example, willI only live and operate in Sharjah? Or can I have clients in Dubai and Abu Dhabi?
@trinoisteyeg3787
@trinoisteyeg3787 16 күн бұрын
9% corporate tax in UAE what about your home country? Are you being double taxed?
@nadianiazi3983
@nadianiazi3983 4 ай бұрын
Hi dear thanks for all these informations. I live in Canada and I want to come to Dubai and open a bakery business in there could you please help with that
@IpsanAdventures
@IpsanAdventures Жыл бұрын
great information! thanks for sharing!
@shekharko
@shekharko Жыл бұрын
Can you plz tell which camera is used in podcast,i am watching your vlogs from very long past
@thushanherath2793
@thushanherath2793 Жыл бұрын
Different video to others, but really appreciate the content.
@JosephHess-i8i
@JosephHess-i8i Жыл бұрын
I see so many of these consultants and firms that do this. Can people do the paperwork and legwork on their own?
@vaghasiyaishali6409
@vaghasiyaishali6409 11 ай бұрын
No. Consultant do the papar work and legalwork .
@vaghasiyaishali6409
@vaghasiyaishali6409 11 ай бұрын
If u have other queries u can ask because I'm working in one of business set up consultant firm
@emadsli702
@emadsli702 7 ай бұрын
Unlike what others may say, you can ro it yourself for sure. However , since you are not an expert you may apply for irrelevant Licence, get hammered with headen fees. And above all, you might lose all of the money due to wrong step .. you know paperwork! So, Instead, and with small fees un comparable to the risk doing it alone, we can help you with all the process. We will just require some documents and we will do the JOB right from the first time.
@salimflag8691
@salimflag8691 Жыл бұрын
Great job ❤
@Estacios
@Estacios 8 ай бұрын
Good Video
@Zicoftbl1
@Zicoftbl1 Жыл бұрын
i have a business in the uk and the tax rates are so high i want to avoid it by setting free zone company in the uae how can i do that ??
@naeembakshh
@naeembakshh Жыл бұрын
For tax planning, UAE is the best country. Freezones are perfect to start your business going. Now it comes down on to how are you planning to operate it.
@KonstantinZavizion
@KonstantinZavizion Жыл бұрын
Thank you!
@personhere9810
@personhere9810 Жыл бұрын
Great video
@AgentOnTube
@AgentOnTube 11 ай бұрын
There is no 0% tax anymore , right?
@LinusGeijer-gy8nt
@LinusGeijer-gy8nt Жыл бұрын
How much is a golden visa?
@naeembakshh
@naeembakshh Жыл бұрын
Around AED10-12K You must fit in one of the criteria to apply.
@burnastro9599
@burnastro9599 Жыл бұрын
She told you need to travel into UAE at least twice a year. But what about golden visa holders for 10 years? Those requirements are dropped for golden visa holders?
@jaycalvin3783
@jaycalvin3783 Жыл бұрын
Yes, once you have golden visa you’re free to be wherever you want. This is because you’ve invested a lot into their country.
@mrdada8877
@mrdada8877 11 ай бұрын
Name of the company u using ?
@MohamedAlnuaimi71
@MohamedAlnuaimi71 Жыл бұрын
I wish you all the best 😊
@Estacios
@Estacios 8 ай бұрын
Thanks
@klaudiapodgorska2513
@klaudiapodgorska2513 6 ай бұрын
what is Sharia Law? i have never heard about it and i am selling properties daily to polish people
@khalidvlogs9887
@khalidvlogs9887 Жыл бұрын
I’m coming to Dubai next week I will be there for about 9 night
@theglobalfreelancersnetwor4956
@theglobalfreelancersnetwor4956 Жыл бұрын
Habibi Come To Dubai
@Nickspizza413
@Nickspizza413 Жыл бұрын
I almost spoofed up my drink when she said Matt was unfortunately going to die.
@Atlanta96
@Atlanta96 Жыл бұрын
What's up Guys you Never put out the info About how to contact your Guest
@mrdada8877
@mrdada8877 11 ай бұрын
What the name of her company?
@nhgg6378
@nhgg6378 Жыл бұрын
Beautiful day 007^^
@parinayatalks6735
@parinayatalks6735 Жыл бұрын
Nice
@DriveforLaser
@DriveforLaser Жыл бұрын
How much is the fee to set up company by English lady
@naeembakshh
@naeembakshh Жыл бұрын
It starts from 5,500. Which would just give you the business license
@businessaccount7813
@businessaccount7813 Жыл бұрын
Hi im currently in Dubai how do we contact your company? Can't seem to see it anywhere? Thank you
@michaeljose8122
@michaeljose8122 11 ай бұрын
@@naeembakshh is that 5500 usd may i ask or aed?
@naeembakshh
@naeembakshh 11 ай бұрын
@@michaeljose8122 5,500 AED
@vaghasiyaishali6409
@vaghasiyaishali6409 11 ай бұрын
​@@michaeljose8122 it's aed. U can get a license that will cost u about 5500-20000 aed depends on nature of your business
@TestTest-zb3dt
@TestTest-zb3dt Жыл бұрын
I'll stick to working in Asda on £11 an hour.
@frankcarlos6762
@frankcarlos6762 Жыл бұрын
nice couple
@CryptoGainsChannel
@CryptoGainsChannel 8 ай бұрын
You guys a great 😊 we have a similar size following. Would be great to catch up with you guys in dubai when I'm out there next. 😊 Cheers Crypto Gains.
@fatwallet13
@fatwallet13 9 ай бұрын
Hi was the $10K you spent in total for the two of you?
@barryskywalker2020
@barryskywalker2020 Жыл бұрын
Is there a phone number and email for Shelin?
@RozajustJust
@RozajustJust Жыл бұрын
Those Middle East countries there is zero Garanti one day country’s will collapse And lost all your money And wait for next rule that all of you will pay much higher tax then uk You guy ran out to avoid tax but make sure the tax you pay for the country you get it back for example your kid’s school is free how much that cost in there !! Tax free is joke there they take your money from other way Lot of activities make you poor which they made to spend hope you save in the end of month my friends 😢
@AnnaUzarowska
@AnnaUzarowska Жыл бұрын
The tax info is unfortunately not exactly correct and not so simple... requires a professional advise.
@525DaVinci
@525DaVinci 5 ай бұрын
DO not trust the advice given by Creative Zone, I used their services and am being told 9% Corporation Tax also applies in Freezone companies. I would not recommend Creative Zone, expensive, slow and always trying was to get more money from you without providing any advice or recommendations
@GhanYt
@GhanYt Жыл бұрын
I believe a video on "How to profit from the present market" will be more effective because, given the way the market is moving, we'll likely retain our investments for longer than 2030 before making a profit. After all, I've heard of people who have made up to $250K in a matter of months and I'd like to know how.
@bahijarhafiri
@bahijarhafiri Жыл бұрын
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.
@bahijarhafiri
@bahijarhafiri Жыл бұрын
I directly work with "ROCH DUNGCA-SCHREIBER "; she explores areas like insurance, retirement planning, tax advantages, and techniques to reduce volatility risk and several similar items. Just look up her complete name online. As she is well recognized, finding her shouldn't be difficult.
@mintaj3015
@mintaj3015 11 ай бұрын
Hahaha funny how no one has issues with Sharia law when it comes to Dubai. 😂😂😂
@alaynewinkleblack9601
@alaynewinkleblack9601 Жыл бұрын
*Promo sm*
@zakijamil8986
@zakijamil8986 8 ай бұрын
she does not know about shariah law properly with that comment she made
@donelmediterraneo8626
@donelmediterraneo8626 7 ай бұрын
5:10
@sdcraig
@sdcraig Жыл бұрын
What if you're gay?
@multa7053
@multa7053 Жыл бұрын
Nobody really cares in Dubai
@lawrencer25
@lawrencer25 Жыл бұрын
Just dont bend forward to pick something off the floor 😂😂😂😂
@betweenlamppost
@betweenlamppost Жыл бұрын
@@multa7053what are you talking about, it’s very taboo, it’s a Muslim country!
@TestTest-zb3dt
@TestTest-zb3dt Жыл бұрын
That lot hate the gayz. Does that mean the gayz can hate them back?
@fozzy1004
@fozzy1004 Жыл бұрын
It's the same as if your not gay, just don't fool around in public and be careful showing public displays of affection, same rules for everyone, just don't be stupid and ignorant and respect your in a Muslim country.
@samirbenabdallah9462
@samirbenabdallah9462 7 ай бұрын
Peace be upon you. Believe in ALLAH (GOD) and the judgement day and do good deeds. Don't show non well covered women that will be better for you in this life and the heaerafter. Ladies cover your bodies that will be better for you in this life and the heaerafter.
@archicadesigner
@archicadesigner Жыл бұрын
😂🎉eee
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