yeah make more videos, your dubai video was one of the best i've seen on youtube
@AaronHenray7 ай бұрын
Thanks for the feedback. There may be one or two more to come!
@HFdkr7 ай бұрын
Upload more entrepreneur content 😊
@AaronHenray7 ай бұрын
More than happy to. What are the main things you want to know about? What type of businesses are you interested in? If it’s something I have experience in I may be able to get a video together.
@ywueeee7 ай бұрын
their rules actually mention the salary bit, so if it's like a real large skew compared to what you would pay if you were to hire someone else for the same role, then you might get into trouble
@AaronHenray7 ай бұрын
That makes sense. I think it’s important to pay yourself pretty consistently as a salary rather than random huge lumps to reduce the tax burden. Personally I’m more than happy if I need to pay only 9% on my profits and the rest being mine to keep at 0% tax currently.
@jesselivermore92857 ай бұрын
Legend!
@AaronHenray7 ай бұрын
You beat me to it, I was going to send you a link!
@ywueeee7 ай бұрын
you can live in hungary (center of europe) for the same 9% corp tax
@AaronHenray5 ай бұрын
I recently read about this elsewhere and remembered that you commented on it. Yes it sounds like a good deal for a European country!
@longness82767 ай бұрын
Hey Aaron, i appreciate your effort. Can you please tell us what kind of business have you opened over there? Cheers 🍻
@AaronHenray7 ай бұрын
I responded on the other video but for anyone seeing this it’s SEO, virtual assistants and general business consulting.
@outifaout7 ай бұрын
Hi Aaron, thanks for you valuable content as always. I’ll be one of your happiest followers to watch your next video about bank accounts setup in Dubai. My question is that I plan to spend only two weeks in Dubai in May to do all the process steps that need my physical presence. Do you think it’ll be enough? knowing that I already started the company setup remotely. Thanks in advance 🙏🏼
@AaronHenray7 ай бұрын
Hi mate thanks for the comments and suggestion. I think two weeks in Dubai would be cutting it short. Watch the visa video again (Ep15) as there are issues if you leave before the visa is issued and you may have to start again from scratch.
@nickh19737 ай бұрын
Hi Aaron, thanks for the vid! Regarding a new bank video, I am keen to know how long it actually took to open. I am intending to form a business during the summer, but have no need or aim to want to live and be in UAE so really am just trying to get most of the formation done before I arrive, and then be in and out to sort visa and banking, so am really just keen to know how long your process took and what you would suggest to estimate aiming to be present for inside UAE for that step? Thanks
@AaronHenray7 ай бұрын
Hey Nick! Thanks for your suggestions for the banking video. As for visiting Dubai and getting everything sorted, I did the visa video which covers this Revealing Dubai's Residency Visa Process for Entrepreneurs & Investors | Ep15 kzbin.info/www/bejne/q5_VZ6Z_nbmgeLM I’d say 2 weeks might be a bit tight though! Watch that video carefully as you can’t leave the UAE until it’s done or you may have to start the process again from scratch.
@raelkaz78287 ай бұрын
Thank you 🙏
@AaronHenray7 ай бұрын
You’re welcome 😊
@riadhniati1787 ай бұрын
The 9% isn’t when you earn above 3 millions aed per year? When you have less income does it still apply?
@AaronHenray6 ай бұрын
Hi there apologies I didn’t notice this. Currently that’s correct it’s on profits over 3m AED a year for the first 3 years at the time of writing. Otherwise it’s on profits above 375k. The threshold for mandatory VAT registration is 375k revenue (not profit).
@riadhniati1785 ай бұрын
@@AaronHenray thanks! If I understood correctly the 3M AED a year isn't for everyone, let see how this will roll out this year.
@Leon-lt5gv4 ай бұрын
I think people should pay a fixed rate tax ' they ' governments put tax up for their own mistakes ' then spin a webb of BS ' but i blame the stupid ones who believe them 🤔
@AaronHenray4 ай бұрын
I agree people should pay a fixed tax rate and I think that fixed rate should apply regardless of how much you make. Instead governments like the UK decide to increase the percentage the more you make. In percentage terms people who “earn too much” pay more than double the percentage (45%) that the apparent ‘everyday’ person pays (20%). That’s if you only consider standard salaries. The picture can be a lot worse if you own a business or investments and that’s where your income comes from.