How to save tax by opening a Dubai company? #taxtips #taxsavings #corporatetaxes #dubai #businesstax
In this Hindi video, the speaker explains why many entrepreneurs are choosing to incorporate a company in Dubai to reduce their overall tax burden compared to operating solely in Ontario, Canada. He outlines the tax differences: Ontario’s small‑business corporate tax is about 2.5 % but personal income tax on withdrawals can rise to 25‑30 %, whereas Dubai imposes a flat 9 % corporate tax and zero personal tax. He walks through a concrete numerical example – $300,000 revenue, $100,000 expenses, $200,000 profit – showing how the profit would be taxed at roughly 25 % in Ontario versus 9 % in Dubai. By setting up a Dubai entity and having the Ontario business invoice the Dubai company for services, the profit can be shifted to the Dubai entity, allowing the entrepreneur to pay only the 9 % corporate tax and avoid personal tax altogether, effectively saving a large amount of money. The speaker emphasizes the practical steps: open a Dubai company first, then use inter‑company invoicing to move income, highlighting the legal and financial advantage of this structure.
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