UAE Company : How To Get Money Out tax free?

[JohnJ81]

With a UAE company that receives dividends from a foreign subsidiary, it seems to be generally agreed that it is 0% corporation tax in the UAE.

However, once the money arrives in the UAE local corporate account, say 10m AED per year, will it be like the old days? that you can just transfer it all to your personal account bar a few substance costs or will it much tighter

I understand from reading the posts here that you can pay yourself a salary of 300k but what about the rest? are personal dividends exempt from the UAE Company?

Please give help / opinions anybody who may have an idea about this thanks

 

[Fred]

99% of Freezone Companies formed by DLS Dubai remain 0% Corporate Tax – Why?

From June 1, 2023, the UAE authorities have introduced a corporate income tax, for taxable individuals and companies with a tax rate of 9%. What does this mean for you?

dls-dubai.com

Please see Point 3.2 Low Margin Business Case Study – “Worst-Case Tax” as well as Point 4. “All-inclusive Package Plus”.

 

[JohnJ81]

if you did pay yourself out the full amount after the substance costs, are you paying 9% tax on that disposal?

or is a personal dividend from the Dubai company even allowed at all?

 

[kislokan]

99% of Freezone Companies formed by DLS Dubai remain 0% Corporate Tax – Why?

From June 1, 2023, the UAE authorities have introduced a corporate income tax, for taxable individuals and companies with a tax rate of 9%. What does this mean for you?

dls-dubai.com

Please see Point 3.2 Low Margin Business Case Study – “Worst-Case Tax” as well as Point 4. “All-inclusive Package Plus”.

when are existing clients getting this discovery call?

 

[Fred]

when are existing clients getting this discovery call?

Once you have received our Corporate Tax Questionnaire and could determine your personal situation we approach you.

First Corporate Tax Filling is due 09.2025 - plenty of time but our goal is to have all clients talked through till 01.09.2023.