Dentists Who Invest Podcast Moving To Dubai with Jeri Williams DWI-EP286
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Curious about the financial opportunities and lifestyle differences between the UK and Dubai for dentists? In our latest episode of the Dentists Who Invest podcast, we promise to provide you with a thorough understanding of relocating to Dubai, featuring insights from Jeri Williams of Smooth Accounting. Jeri, who has firsthand experience of living and working in Dubai, shares invaluable advice on setting up businesses and managing finances in this vibrant city. Learn about the dynamic business environment that Dubai offers and how it compares to the UK's landscape, especially for dentists considering such a move.
Moving to Dubai is not just about packing your bags; it involves understanding the visa landscape. We break down the entire process of obtaining a Dubai resident visa, clarifying the differences between tourist and employee visas. Through engaging personal stories, Jeri explains how setting up a business and self-employment can be strategic ways to secure residency. We also delve into the various visa types, including the coveted golden visa, and discuss the practical aspects of visa renewals and maintaining a business account in Dubai.
Corporate taxation can be a maze, but we simplify it for you by explaining the 9% tax on profits over 375,000 dirhams and the rules around salary payments. We tackle the complexities of transferring a UK-based company to the UAE, emphasizing the need for professional advice tailored to individual circumstances. This episode is packed with essential tips on management charges, transfer pricing agreements, and the additional costs of doing business in the UAE, with specific considerations for dentists. If you're contemplating a move to Dubai, this episode serves as your comprehensive guide to navigating the financial and practical elements involved.
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