The End of Tax-Free Dubai (They’re HIDING This)

This very misleading information, the vast majority of businesses will pay 0 rated tax as they qualify for the small business relief. Licensing costs is also going down s

Don’t buy property in Dubai. The law there will not protect you. I have invested in an apartment in the co-called City of Arabia in Dubai Land. I was supposed to receive my keys in 2009 and 15 years later I am still fighting for my hard earned money that I deposited after the project got cancelled. To top it off, the project was owned by the Galadari Group one of the biggest families in Dubai. I thought this was the safest bet, but the law there stands with the natural citizens of UAE not expats.

This is the one thing that bothers me about moving to another country.... In 8-15 years shit is gonna hit the fan eventually...

I live in the UAE, not to forget a free zone license cost AED 20,000 dirhams or 7000 USD a year. Plus every year renewal for the same amount. Plus if you bring in your family, there visa deposit and costs are brutally staggering . I agree there are lots of hidden costs, inflation nobody is allowed to talk about, and it’s not worth doing a business and living in UAE due to exorbitant expenses anymore .

Rent for one room in an apartment is $1,000 per month. There's no free parking. You can recharge parking meter online. Driving license requires driving school which costs $2,000. Company set up costs $14,000 only in paperwork not including location rental. Even in evening you'll sweat sitting outdoors. Numerous fines on numerous violations. Kids schooling expensive as hell. Salaries for non-GCC and non-whites rock bottom. Prostitution is rampant which is the only attraction of Dubai where you can try one from just about every country. While sitting on a bench on Al Rigga Rd in Dubai, I came across a movie typa black African who applied for a job at the famous $1,000/night Burj al Arab Hotel in Dubai. They offered him a salary of 1,500/mo. He asked if salary was in dollars. No, dirhams, was the reply. That's $409/mo. Indian salesmen make even less than this and sleep on mattresses 10 to a room.

Dubai's environment is a nightmare. Governmental policies aren't reliable over the long-term. If you ever find yourself involved in the legal system there, you've got a real problem.

The secret of Dubai's success has been its ability to attract YouTube and social media influencers, who have provided the city with free advertising.

Dubai is a place where you’ll never feel at home... you could spend your whole life living and working in UAE but you can never retire and permanently settle there.

Dubai always had hidden taxes: visa fees, licence fees, dewa, rera, salik, tasjeel for your cars and list goes on and on. My mom used to have to visit so many govt. offices for the various licences for our businesses. and this had to be done every year.

UAE was on the Financial Action Task Force (FATF) "grey list" which was/would have caused them major issues, the west does NOT like tax base erosion as more people work online and can do what they do anywhere in the world so they started putting major pressure on the UAE as they push for a global minimum tax, this was Dubais way of “getting in line” and getting the powers of the west off their back for a while, IN MY OPINION. I think it WILL hurt Dubai, hopefully joining BRICS will make them more resistant to that pressure in the future. The west has fallen to tyrants and Dubai is a jewel in the desert, no wokeness, safe, clean, beautiful. Let’s hope they don’t increase the tax more (but I fear they will over time as all governments do)

New taxes, high cost of living, extreme weather, too far from the west, I think the trend is clear

In my neck of the woods it’s 35% tax, so I would happily pay 9% any day.

Agreed Dubai is dead who the hel wanna live in desert and pay 9% tax, and expenses is ridiculously high, beside that you have the geopolitical risk. If the war between Iran and Israel brak out, you will see missiles flying over your head from both direction which both will try to shut down ouside theres borthers. Beside the U.A.E government have no choice cause if they don't comply with EU force taxation they will put sanction on them and they can't even fly to EU.

As a non-US citizen/resident, I pay 0% on my USA business; its an LLC where I (1) am 100% owner, (2) Dont have employees or own buildings, its a "tax pass-through". So Im treated as self-employed and just pay personal income taxes in my domicile.

I lived 22 yrs in dxb my salary was $10k I couldn't save any money I left in 2018.dxb only payments no money

Challenge now in Dubai is with 9% corporate tax on profits you don’t get the benefits on taxation example free education and or health care as with UK , in addition the cost of living in Dubai has increased over the years , inflation is high against salaries which have actually gone down across the board over the last 10 years , the tax and VAT introduction in the UAE has not knocked the shine of setting up a buisness here

There's really no better city to live in with low taxes. I've been almost everywhere and there's only a handful of places that are hyper-modern, advanced, clean, safe, fast-moving, growing fast and packed with high-value entrepreneurial people. One of them is Dubai, and it has by far the best tax structure of all of these place. 0% personal income tax – draw a (large) market rate salary, no tax 0% capital gains tax – sell your company, no tax. sell assets a profit, no tax 9% corporate tax – very low compared to most other advanced countries Yes, there are countries where CIT is lower (or 0%), but they're either more difficult to move to (e.g. HK/Singapore), less expat friendly or significantly worse to live in. You mentioned Italy as a place to live. Italy is a veritable shithole (with a few notable exceptions like Como, Positano, etc). KL doesn't hold a candle to Dubai as a city. And Dublin? Give me a break. I'm telling you, I've been everywhere and there's no better option that has both low tax and is a fantastic city with great people.

You still only pay the tax on profits (after expenses, salary, etc.) above 100k usd. Obviously not ideal if your business is making profits in the millions - for most businesses you're still going to pay zero or close to zero. So if Andrew is only talking about people with companies bringing in millions in profit even after paying themselves a salary, then yeah it's a good point. For the other 99% of businesses it's still a good option. For now, of course - could change in the future.

The idea that Dubai is a tax haven has gone for good. The government is now just trying to funnel those taxes into their pocket-a gruesome clampdown that might presumably hamper the capital inflows and upset the investors.

Now I understand why Dubai is marketed so much. Thanks you.