ilmscore | Watch This Before Investing in Dubai |Ft. CA Balaram Vuchidi |@Spectrum-Auditing | CA Rachana Ranade

Predictions from this Video

Total: 9
Correct: 8
Incorrect: 1
Pending: 0
Unrated: 0
Prediction
Topic
Status
UAE corporate tax is 0% on profits up to 375,000 dirhams (approximately 85 lakh Indian rupees); amounts exceeding this are taxed at 9%.
"So we have again there also we have 0% up to the profits of 375,000 dhams which is equivalent to about 85 lakhs Indian rupees but you are saying profit not turnover profit taxable income rather"
UAE Corporate Tax
Correct
A profit of 2 crore Indian rupees in UAE would have the first 85 lakh taxed at 0% and the remaining 1.15 crore taxed at 9%.
"For example, if you have a profit of about 2 crores as I mentioned out of that 85 lakhs will be exempt. 85 lakhs will be subject to tax at 0%. And then remaining amount of uh 1 cr 15 lakhs will be subject to tax at 9%."
UAE Corporate Tax
Correct
Prior to COVID, Dubai's rental yields for real estate were typically between 9-12%.
"Earlier it used to be somewhere around 9 to 10%. Mhm. Some places 11 to 12% also. Uh that has the rental yields. Yes. 9 to 12%. Yes. Before uh co"
UAE Real Estate Investment
Incorrect
Post-COVID, Dubai property values have doubled or tripled, while rental yields have remained more stable, averaging 5-7%.
"After co uh the appreciation in the properties have gone up tremendously. It has become two times three times in some places also. So the appreciation has gone up tremendously. The rental yield did not go up so much. Okay. Okay. But even now also if you see on an average the ROI is somewhere around 5%, 6%, 7%."
UAE Real Estate Investment
Correct
The UAE Golden Visa, valid for 10 years, is available through various categories and is being sought after by individuals.
"So we do see people who are coming to UAE and Dubai. Mhm. To get that golden visa and there are different categories under which you can get that golden visa and which is valid for 10 years."
UAE Golden Visa
Correct
To be eligible for a UAE Golden Visa through real estate investment, a minimum investment of 2 million dirhams (approximately 4.5 crore Indian rupees) is required.
"investors, people who want to invest into the real estate and that real estate investment should be minimum of 2 million dirhams or more and that's about 4 and a half crores. 4 and a2 crores. Okay. Yeah."
UAE Golden Visa Investment Threshold
Correct
Business owners can be eligible for a UAE Golden Visa with an investment commitment of around 4 to 5 crore Indian rupees.
"even for business owners you mentioned I think somewhere around 4 to 5 crores as that is right yeah that is about 4 and a half crores is what is the investment commitment for which you are eligible for gold visa"
UAE Golden Visa for Business Owners
Correct
Setting up a family office in the UAE offers the advantage of no taxes on individual income, wealth, and capital gains.
"As I mentioned the taxes are not there for individual income and wealth definitely there is no capital gain tax and all this. So that's the advantage."
Family Office Benefits in UAE
Correct
Dividends received by a UAE company from another UAE company are tax-free, and capital gains from investments in other companies (over 5% ownership and meeting conditions) are also tax-free, both within UAE and for UAE companies investing outside the UAE.
"So, subject to meeting certain conditions if you have investments within India by a company. Mhm. There's no tax on the dividends. Okay. Received by a company from other company in UAE and there's no tax on capital gains if you have uh uh investment in the other company more than 5% and subject to meeting certain other conditions. The same condition goes for investments by a company in UAE into other companies outside UAE."
UAE Capital Gains Tax
Correct