UAE Tax Residency Certificate

UAE TAX Domicile Certificate / Residency Certificate

What is a Certificate of UAE Tax Residency?

The United Arab Emirates holds the top spot in the Middle East and North Africa economic rankings. In 2019, it made its debut in the World Bank’s top 20 list of 190 economies. Thanks to the country’s tax-friendly regulations and abundance of business prospects, which it extends to everyone who wants to conduct business in any of its Emirates, regardless of nationality. It is indeed a dream come true to be able to establish a business in Dubai and take advantage of the booming UAE economy! You wouldn’t want the double taxation system to undo all of the work and money you put in to get where you are.

Parties qualified to submit a TRC application

More than 100 nations, including those in Europe, Asia, Africa, the Middle East, South America, Central America, Oceania, North America, and the Caribbean, have signed double taxation avoidance agreements with the United Arab Emirates thus far. In order to encourage other countries to profit from the agreement and grow their businesses, the UAE intends to expand the list. Investors and citizens of the two signing countries can take advantage of the benefits of the Avoidance of Double Taxation Agreement by obtaining a Tax Residency Certificate. The agreement is applicable to public corporations, private organizations, and other businesses, such as investment firms and air transport companies that operate in the United Arab Emirates and employ nationals.

Procedure for Tax Residency Certificates

The procedure for obtaining a tax residence certificate varies somewhat for individuals and corporations. Both individuals and companies wishing to apply for a Tax Domicile Certificate must fulfill several requirements in order to be eligible for the TRC.

The prerequisites for obtaining a personalized Tax Residency Certificate

Non-residents are ineligible to apply for the Tax Residency Certificate in the United Arab Emirates; applicants must be residents of the country for a minimum of 183 days. The following copies of the documentation needed for a tax residency certificate must be presented by the resident applicant:

• The passport
• a current residency permit
• Identity card
• Lease agreement for residential space (certified copy)
• validated a local bank’s six-month financial statement
• Salary certificate
• a report detailing the length of stay from the General Directorate of Residency and Foreigners Affairs
• tax documents from the nation where the certificate must be filed, if any