--- title: Business Valuation for Australians in the UAE | Assetica description: Independent business valuation for Australians moving to Dubai: CGT event I1 deemed disposal, tax residency and the AED 2 million Golden Visa threshold. url: https://assetica.net/australia-business-valuation/ source: Assetica, independent business valuation firm, Dubai and the UK --- # Business Valuation for Australians Relocating to the UAE By [Bill Anderson](https://assetica.net/team/bill-anderson/), FCCA, Chief Executive Officer — Assetica, Dubai, UAE **Definition:** Australian owners relocating to Dubai need an independent business valuation at three points: CGT event I1 (the ATO deems you to have disposed of your CGT assets, including private company shares, at market value on ceasing Australian tax residency), the UAE Golden Visa business route (equity worth at least AED 2 million, about AUD 800,000), and selling the business. Assetica prepares these to RICS and IVS standards, consistent across the ATO and the GDRFA. ## CGT event I1 on leaving Australia When you cease Australian tax residency, CGT event I1 treats you as having disposed of each CGT asset at market value on your departure date. Shares in a private Australian company are included, so their market value drives the tax. Taxable Australian property such as real estate is excluded. You can elect to defer the gain until actual sale, but that keeps those assets in the Australian CGT net. Either way the decision rests on a defensible valuation. ## Tax residency and the Golden Visa The exit charge only bites once you have genuinely ceased Australian tax residency under the ATO tests, and a dated valuation supports that position. Separately, the UAE Golden Visa business route requires an independent report confirming your equity is worth at least AED 2 million net of debt, isolating your specific stake and formatted for the GDRFA. An Australian accountant letter does not satisfy the GDRFA. ## One consistent value The danger is divergence: an ATO market value that disagrees with your Golden Visa report. Assetica fixes the valuation date, methodology and normalised earnings once, then formats the output for each authority, so your Australian tax advisor and the GDRFA see the same underlying value. Typical delivery five to seven business days. ## Related Valuation Services Australia to UAE relocation valuations sit within Assetica's core [business valuation in Dubai](https://assetica.net/services/business-valuation/) practice, and often run alongside a [Golden Visa business valuation](https://assetica.net/golden-visa-valuation/) and, for family holdings, a [family office valuation](https://assetica.net/family-office-valuation/). ## Frequently Asked Questions Do I pay CGT in Australia when I move to Dubai? Ceasing Australian tax residency triggers CGT event I1: the ATO deems you to have disposed of your CGT assets, including private company shares, at market value on your departure date and taxes the gain. Taxable Australian property such as real estate is excluded. You can elect to defer the gain until actual sale, but that keeps those assets in the Australian CGT net. Either way you need a defensible market valuation of the business. Is an Australian accountant's valuation accepted for the UAE Golden Visa? No. The GDRFA expects an independent valuation from a recognised valuation firm, isolating your specific shareholding net of debt and formatted for the UAE. An Australian accountant's letter serves the ATO side but does not satisfy the GDRFA. Most relocating owners need both reports, built from one consistent underlying value. How much is the AED 2 million Golden Visa threshold in Australian dollars? Roughly AUD 800,000 at current exchange rates (AED 2 million is about USD 545,000). The threshold applies to your own equity in the business net of debt, not the company's total value or its revenue. Can I defer the CGT until I actually sell? Yes. On ceasing residency you can elect to disregard the CGT event I1 deemed gain and instead be taxed when you actually dispose of the asset. The trade-off is that those assets stay within the Australian CGT system. The choice, and the tax either way, rests on a defensible market valuation dated to your departure. How long does the valuation take? Typically five to seven business days from receiving your Australian financial statements, shareholding details, management accounts and bank statements, plus the UAE licence if the entity is set up. Expedited two to three day delivery is available for visa or transaction deadlines. ## Independent business valuation across the UAE, UK and Europe ### Valuation services - [Business valuation Dubai](https://assetica.net/services/business-valuation/) - [Golden Visa business valuation](https://assetica.net/golden-visa-valuation/) - [UAE corporate tax valuation](https://assetica.net/corporate-tax-valuation/) - [M&A and transaction valuation](https://assetica.net/ma-transaction-valuation/) - [Financial due diligence](https://assetica.net/financial-due-diligence/) - [Succession planning valuation](https://assetica.net/succession-valuation-uae/) - [Family office valuation](https://assetica.net/family-office-valuation/) - [Feasibility study Dubai](https://assetica.net/feasibility-study-dubai/) - [All advisory services](https://assetica.net/services/) ### Where we work - [Abu Dhabi](https://assetica.net/abu-dhabi-business-valuation/) - [Sharjah](https://assetica.net/sharjah-business-valuation/) - [DIFC](https://assetica.net/difc-business-valuation/) - [ADGM](https://assetica.net/adgm-business-valuation/) - [United Kingdom](https://assetica.net/uk-business-valuation/) - [Europe](https://assetica.net/europe-business-valuation/) - [South Africa](https://assetica.net/south-africa-business-valuation/) ### Resources - [How much is my business worth?](https://assetica.net/how-much-is-my-business-worth-dubai/) - [Free business valuation calculator](https://assetica.net/business-valuation-calculator/) - [Startup and technology valuation](https://assetica.net/startup-technology-valuation/) - [UAE valuation facts and figures](https://assetica.net/uae-business-valuation-facts/) - [Valuation insights and guides](https://assetica.net/blog/) - [Latest insights](https://assetica.net/insights/) - [Industries we value](https://assetica.net/industries/) - [For lawyers and accountants](https://assetica.net/for-advisors/) ### About Assetica - [Business valuation Dubai and UAE](https://assetica.net//) - [About Assetica](https://assetica.net/about/) - [Bill Anderson, FCCA, CEO](https://assetica.net/team/bill-anderson/) - [Contact us](https://assetica.net/contact/) ### Browse by topic - [Business valuation articles](https://assetica.net/blog/category/business-valuation/) - [Selling a business](https://assetica.net/blog/category/business-sale/) - [Strategic value advisory](https://assetica.net/blog/category/strategic-advisory/) - [Financial reporting valuation](https://assetica.net/blog/category/financial-valuation/) - [Valuation risk management](https://assetica.net/blog/category/risk-management/) - [Pitch decks and fundraising](https://assetica.net/blog/category/pitch-deck/) Assetica, Office 304, Icon Tower, Barsha Heights (Tecom), Dubai, UAE. Telephone and WhatsApp [+971 52 979 8302](tel:+971529798302). Email [info@assetica.net](mailto:info@assetica.net).