Thank u very much... Most of my doubts got cleard.. I had the same point first of flying to dubai first then back to India apply residence visa in free zone.. Again go back to dubai.. But u sir changed my idea.. U saved my time and money.. Thank u sir.. U r really genuine person with soft spoken approach.. God bless u..
He's quite good. Working with him and he's very transparent and always up for help via Whatsapp messages or even phone calls. Just talking from Indian perspective and it's been good so far. And he's personally involved, not like any other staff member will reply to you.
UAE is certainly not a friendly place for bootstrapped startups, good luck with sky high expenses and running dry in the first operational year itself. This is a sad reality and an outcome of having zero income tax!
I can get what u are saying used to think its some paradise But it becomes feasible only if u are making more than crores a year, The licences + rents are soooo expensive licence can be even higher than 60000 aed annually , thats 13 lakhs 😳 U are better off paying taxes in India at this price
Great info. It’s pricey to set up a company there. What are the renewal costs? Do you have to renew the business every 2 years along with the investor visa?
Hello, I am new on your Channel. I appreciate your effort to explain things easily and provide the necessary informations. I am from Bangladesch but currently living in Germany. I am planning to do some kind of small business in Dubai. Would you please kindly give some idea about small businesses in Dubai without local sponsorship and best way to start it. Thank you very much for your help. Have a great time. Kind Regards Noor
Sir thankyou for the video. One question: Do I require to stay in dubai for more than 6 months? Or living in dubai for more than 6 months is only for obtaining tax residency? If I chose to stay in dubai for 4 months and 8 months in India then will I lose my Dubai residency permit that I got from my business? Or will it just cause me to lose my tax residency and I can still continue to operate the business?
You are only required to travel to Dubai once in 6 months and can stay in India rest of the time. You are only required to stay in Dubai only if you want to become a Tax resident of Dubai and therefore become NRI in India. So even if you go to Dubai once in 6 months and stay in India - you would be able to retain your Dubai Residency Permit
Don’t fall in trap, Opening a company in Dubai is 100 times… really 100 times costlier than Indian and Pakistan, which is AED 22000 (INR 5 Lacs). It is just Trading License i.e. Company Registration Cost only. If you hire an employee it will cost you at least AED 7500 (INR 2 Lacs) per employee. Renewal of Trade license required every year, which has cost around AED 12000 (INR 3 lacs). In India You can Register a company in just INR 5,000. Renewal is just INR 2000 and No employees hiring cost. Doing business in Dubai is very hectic, too much compliance and non-compliance cost is huge amount…,
Yes sir, setting up a company in Dubai is certainly much more expensive than the cost in India or Pakistan... Not 100 times expensive but yes it is expensive... And anybody who is setting up a company in Dubai would certainly have taken this into account that everything in Dubai is expensive as compared to India or Pakistan... Dubai certainly is not the place for starters...
Don’t fall in trap, Opening a company in Dubai is 100 times… really 100 times costlier than Indian and Pakistan, which is AED 22000 (INR 5 Lacs). It is just Trading License i.e. Company Registration Cost only. If you hire an employee it will cost you at least AED 7500 (INR 2 Lacs) per employee. Renewal of Trade license required every year, which has cost around AED 12000 (INR 3 lacs). In India You can Register a company in just INR 5,000. Renewal is just INR 2000 and No employees hiring cost. Doing business in Dubai is very hectic, too much compliance and non-compliance cost is huge amount.
@@DAANISH_KHAN_ sir, you would like to earn in dollar and spend in rupees, typical indian mentality! When you set up a company in dubai you have to spend AED and earn in AED. keep this simple..
I'm a crypto trader, how much does it cost to form a company in freezone and i don't mind other Emirates to form a company, just want the cheapest emirates to form a company and live a tax free life.
Dubai is not as friendly as you think for crypto, Bahrain is better option. Thailand is second best. In Thailand you have to pay 7% tax, which will increase to 15% tax soon. Dubai blocks account like India. It's a headache. Still if want to open a company in Dubai, you have three options 1) open any company in free trade zone, normally people open Digital Marketing company. Show some transaction yearly in company accounts pay some vat, your accountant will be able to handle that. You can then trade through your personal account which is linked to your personal bank account. Opening a company is just to get resident visa. I hope you get the point.
2) Just get a work visa, which is available for 10k dihram, ask the agent to give permission to open a bank account and there are various other permissions needed, ask him to give all the documents. Mention high salary in your aggreement, you have to pay that much amount in advance to the agent. Then open a bank account, open your trading account and do whatever. You can travel anywhere you want to, you don't need to stay in Dubai in Either case.
3) open a crypto exchange license in Dubai. It a big Hassel, it's damn costly. They will give licence to open an exchange firm or broker firm like Binance. It's not for trading, but you can trade.
How about someone who's practicing dentistry at private clinic in Dubai and wants to setup up their own online business selling dental courses and online consultation?
Sir I plan to stay in Dubai for 5 months every year with family (less than 182 days to maintain residential status). will do it for next 3-4 years. i am a stock market investor full time. Is free zone visa the best way for achieving the above objective? even if i open company in RAKFTZ, will i be able to live in Dubai?
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Thank u very much... Most of my doubts got cleard.. I had the same point first of flying to dubai first then back to India apply residence visa in free zone.. Again go back to dubai.. But u sir changed my idea.. U saved my time and money.. Thank u sir.. U r really genuine person with soft spoken approach.. God bless u..
I'm glad you found the video useful 🙏
He's quite good. Working with him and he's very transparent and always up for help via Whatsapp messages or even phone calls. Just talking from Indian perspective and it's been good so far.
And he's personally involved, not like any other staff member will reply to you.
Thankyou sir for your kind words 🙏🙏🙏
It's indeed a pleasure working with you...
for forex trading which licences will be conveniently. Lets share.
for trading you dont need any licence
@SatyaPrakash099 you need a licenses to do forex trading if your annual turnover exceeds 375k aed
How much would be approximate cost starting from company setup to bank account opening for 2 people ( want to do forex and crypto trading )
UAE is certainly not a friendly place for bootstrapped startups, good luck with sky high expenses and running dry in the first operational year itself. This is a sad reality and an outcome of having zero income tax!
Or higher standard of living
I can get what u are saying
used to think its some paradise
But it becomes feasible only if u are making more than crores a year, The licences + rents are soooo expensive
licence can be even higher than 60000 aed annually , thats 13 lakhs 😳
U are better off paying taxes in India at this price
Great info. It’s pricey to set up a company there. What are the renewal costs? Do you have to renew the business every 2 years along with the investor visa?
The business license in Dubai is to be renewed every year...
@ wow. What is the cost associated with something like that ?
Hello, I am new on your Channel. I appreciate your effort to explain things easily and provide the necessary informations. I am from Bangladesch but currently living in Germany. I am planning to do some kind of small business in Dubai. Would you please kindly give some idea about small businesses in Dubai without local sponsorship and best way to start it. Thank you very much for your help. Have a great time.
Kind Regards
Noor
Sir thankyou for the video.
One question: Do I require to stay in dubai for more than 6 months? Or living in dubai for more than 6 months is only for obtaining tax residency?
If I chose to stay in dubai for 4 months and 8 months in India then will I lose my Dubai residency permit that I got from my business? Or will it just cause me to lose my tax residency and I can still continue to operate the business?
You are only required to travel to Dubai once in 6 months and can stay in India rest of the time. You are only required to stay in Dubai only if you want to become a Tax resident of Dubai and therefore become NRI in India.
So even if you go to Dubai once in 6 months and stay in India - you would be able to retain your Dubai Residency Permit
@@CAKaranBatrahe will have to pay taxes in India on the income in UAE
Don’t fall in trap, Opening a company in Dubai is 100 times… really 100 times costlier than Indian and Pakistan, which is AED 22000 (INR 5 Lacs). It is just Trading License i.e. Company Registration Cost only. If you hire an employee it will cost you at least AED 7500 (INR 2 Lacs) per employee. Renewal of Trade license required every year, which has cost around AED 12000 (INR 3 lacs).
In India You can Register a company in just INR 5,000. Renewal is just INR 2000 and No employees hiring cost.
Doing business in Dubai is very hectic, too much compliance and non-compliance cost is huge amount…,
Yes sir, setting up a company in Dubai is certainly much more expensive than the cost in India or Pakistan... Not 100 times expensive but yes it is expensive...
And anybody who is setting up a company in Dubai would certainly have taken this into account that everything in Dubai is expensive as compared to India or Pakistan... Dubai certainly is not the place for starters...
Go to Shrilanka were set up cost is INR 500.
Cost mentioned are per Annum??
Yes, all these are per annum costs
Sir I am unable to see your details. Please share@@CAKaranBatra
Any idea how much he charges ?
Minimum employees required for company setup??
No requirement of min employees...
@@CAKaranBatra thanks sir
Try a virtual Company- No need this all Headache
What is that virtual company? Bro u can tell me more about it
@ Yes 🙌 give me little time I will plaster here
How many it will take get trade licence and residence vosa
Don’t fall in trap, Opening a company in Dubai is 100 times… really 100 times costlier than Indian and Pakistan, which is AED 22000 (INR 5 Lacs). It is just Trading License i.e. Company Registration Cost only. If you hire an employee it will cost you at least AED 7500 (INR 2 Lacs) per employee. Renewal of Trade license required every year, which has cost around AED 12000 (INR 3 lacs).
In India You can Register a company in just INR 5,000. Renewal is just INR 2000 and No employees hiring cost.
Doing business in Dubai is very hectic, too much compliance and non-compliance cost is huge amount.
Don’t fall you in trap… all will cost you at least AED 50,000…. It is apart from capital.
@@DAANISH_KHAN_ sir, you would like to earn in dollar and spend in rupees, typical indian mentality! When you set up a company in dubai you have to spend AED and earn in AED. keep this simple..
I'm a crypto trader, how much does it cost to form a company in freezone and i don't mind other Emirates to form a company, just want the cheapest emirates to form a company and live a tax free life.
Bro did u find any solution
@@gurpreet1234100 check with Unicorn Global solutions once bro.
Dubai is not as friendly as you think for crypto, Bahrain is better option. Thailand is second best. In Thailand you have to pay 7% tax, which will increase to 15% tax soon.
Dubai blocks account like India. It's a headache.
Still if want to open a company in Dubai, you have three options 1) open any company in free trade zone, normally people open Digital Marketing company. Show some transaction yearly in company accounts pay some vat, your accountant will be able to handle that. You can then trade through your personal account which is linked to your personal bank account. Opening a company is just to get resident visa. I hope you get the point.
2) Just get a work visa, which is available for 10k dihram, ask the agent to give permission to open a bank account and there are various other permissions needed, ask him to give all the documents. Mention high salary in your aggreement, you have to pay that much amount in advance to the agent. Then open a bank account, open your trading account and do whatever. You can travel anywhere you want to, you don't need to stay in Dubai in Either case.
3) open a crypto exchange license in Dubai. It a big Hassel, it's damn costly. They will give licence to open an exchange firm or broker firm like Binance. It's not for trading, but you can trade.
How about someone who's practicing dentistry at private clinic in Dubai and wants to setup up their own online business selling dental courses and online consultation?
Sir how to get a license in dubai what a step by step should i do
Connect with a business consultant like us. 😅... It will be easier
Can we start a pharmaceutical company in UAE
Yes
There is no link in description
There is a calendly link.
How much it will cost to start a holding company in Dubai which holds equity or ownership of a company in India.
At least 50000AED apart from capital.
Hindi me bolo
Sir I plan to stay in Dubai for 5 months every year with family (less than 182 days to maintain residential status). will do it for next 3-4 years. i am a stock market investor full time. Is free zone visa the best way for achieving the above objective? even if i open company in RAKFTZ, will i be able to live in Dubai?
1. Yes, freezone is the most suited for your objective
2. Yes, if company is registered in RAKEZ - you can stay in Dubai
Like to contact you, How its possible ?
Hi sir
Plz share ur contact details
Please let me know cheapest cost of trade license in UAE as i have to make online business. Also provide me your contact number.
Contact us for trade license services