Explore the shifting tax landscape in the Gulf region, where the once tax-free paradise is changing. The UAE's introduction of corporate tax and the possibility of personal income taxes in other Gulf nations are examined. Delve into the implications for residents and investors contemplating a move. Discover whether the region still offers favorable tax options or if better alternatives exist. Strategic insights for those navigating this evolving environment make this discussion essential for anyone interested in global tax planning.
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Gulf's Shift from Zero-Tax
The Gulf region's shift from zero-tax policies is due to global pressure and a desire for international integration.
They aim for white-list status and positive views of their growing banking sectors.
volunteer_activism ADVICE
UAE Corporate Tax
Most businesses in the UAE will pay a 9% corporate income tax, including free zone businesses.
Consider this if you're planning to move to the UAE.
volunteer_activism ADVICE
UAE Tax Strategies
While the UAE has no personal income tax, circumventing the corporate tax is difficult.
Incorporating elsewhere might not shield UAE residents from the 9% tax.
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Become a Client: Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: Join us for the next Nomad Capitalist Live event: The Gulf region was once known as a tax-free paradise, but those days are fading. With the UAE levying corporate tax and other Gulf nations considering personal income taxes, the landscape has shifted. So, is the Gulf still a great tax-friendly option, or are there better alternatives? In this episode, Mr Henderson revisits the latest tax policies, breaks down the best options in the region, and explores whether moving there still makes sense. Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client: Our Website: About Our Company: Buy Mr. Henderson’s Book: DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
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