TAX Residency Certificate Assistance
The TRC is the shortened version of ‘Tax Residency Certificate’. This is also known as the Tax Domicile Certificate, and it is the UAE document that is quite critical to both businesses and individuals who intend to take advantage of the double tax treaties entered in by the country with other countries. This confirms your tax residency status, allowing you to avoid getting taxed twice and take advantages related to their tax benefits under the treaties.
Benefits
- Tax Residence Certificate Attestation Proof of Residency
- Avail Double Taxation Treaty Benefits
- No Double Taxation
- Increased Reliability
Eligibility
Holds a U.A.E
Residence of at least one year
Holds a current Residence
Visa in the U.A.E
Physical Presence in the UAE for At Least 183 Days in a Year (for individuals)
Process to Obtain a Tax Residency Certificate
Eligibility Checking
Document Collection
Filing of an Application
Application Review and Approval Processing
List of Required Documents
Copy of Passport
UAE residence visa
Bank statements
Proof of residence, for example, tenancy contract, utility bills –
Audited financial statements if one has a business
Common Challenges and How We Assist
A very needed permit in the UAE can be that of TRC, even though the process for its application is somehow complex with high necessity and attention to details. The following ways the company serves within such a challenge:
- Document Accuracy: This is usually challenging, as all your documents have to meet the very stringent requirements by the UAE authorities. We assist in reviewing and verifying your documents to avoid any delays or rejection.
- Understanding Eligibility: Determining your eligibility for a TRC can sometimes be elusive, especially about the number of days required to spend in the country and other criteria. Our experts provide clear guidance to confirm if you are eligible before applying.
- Application Tracking: Once a submission is made for an application, tracking the application and managing any additional requests made by the authorities can be cumbersome. We do this on your behalf, updating you and maintaining the process.
- Handling Complicated Cases: We tailor our services to businesses or individuals with more cumbersome financial or residency circumstances, resolving specific issues to ensure that your application runs successfully.
FAQs
Freelancers who meet residency requirements may apply for a Tax Residency Certificate.
Yes, it can help claim relief under double taxation agreements between the UAE and other countries.
The cost varies but typically involves a fee payable to the Federal Tax Authority.
A Tax Residency Certificate is valid for one year from the date of issuance.
No, typically offshore companies are not eligible for a Tax Residency Certificate in the UAE.
