UAE Tax Residence
Tax Residency Certificate for Business
Get a Tax Residency Certificate for Business in Dubai! Schedule your consultation with MTR Experts!
Tax Residency Certificate for Business
"Is Dubai a tax-free nation?" This is the question that many ex-pats have in their minds, but is that true? The answer is Yes! The UAE Government understands the pressure handled by the businesses due to double taxation. And to help companies to get out of this issue and to attract more business owners and investors, a Tax Residency Certificate for Business has been introduced in the UAE. To get a Tax Residence Certificate for your Business, contact MTR Expert in Dubai. We are here to assist you in obtaining a tax certificate.
Apply for UAE Company Tax Residency Certificate
We provide professional assistance for obtaining a tax certificate UAE.
Benefits of Getting a Tax Residency Certificate in Dubai
Having a Tax Residency Certificate for business enables investors to enjoy a tax-free income and gives them better access to the international market without worrying about paying taxes.
![UAE_Company_Tax_Residence-1st-image[1].png](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Fdxzrhjkcq%2Fimage%2Fupload%2Fv1671457078%2FUAE_Company_Tax_Residence_1st_image_1_c9a680dbf9.png&w=3840&q=75)
No more double taxation
Shows the status of your business in the country
No need to spend your profit on paying taxes
Boost international business and strengthen your relationship between countries
Get started to apply for a Tax Residency Certificate in UAE by getting help from MTR Experts. We are the leading business consultants in Dubai who can guide business owners, start-ups, and foreign investors to establish their business presence in the UAE.
![UAE_Company_Tax_Residence_-2nd-image[1].png](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Fdxzrhjkcq%2Fimage%2Fupload%2Fv1671457100%2FUAE_Company_Tax_Residence_2nd_image_1_8868211fdf.png&w=828&q=75)
What is Tax Residency Certificate for Companies?
Also called Tax Domicile Certificate or TRC Certificate, a Tax Residency Certificate is issued by the Ministry of Finance (MOF) & Federal Tax Authority (FTA). Businesses operating in the UAE may benefit from the Avoidance of Double Taxation Agreement. But to be eligible for a tax-free income, you must provide a Tax Residency Certificate for Business/Companies. This certificate proves that the business owner is a resident of another country, so they are subjected to pay the taxes in their country. This avoids double taxation and helps companies enjoy a tax-free income.
To be eligible for this TRC Certificate in Dubai, the company should be functioning in the UAE for at least 180 days actively inside the UAE.
Get Tax Residency Certificate in Dubai for Your Business
To boost international trade activities, the UAE Government has signed a treaty between countries to avoid tax while performing international trade activities. Tax Residency Certificate can also be considered a Double Tax Avoidance Agreement, as it can help you avoid import-export tax, value-added tax, etc. The UAE signed the first agreement with France, and now they have signed with 92 more countries paving an easy way to perform import-export business without worrying about taxes.
Documents Required to Obtain Tax Residency Certificate for Businesses
To obtain a Tax Residency Certificate in Dubai, UAE, the following documents are required: -
- A valid trade license and the documents detailing the directors/shareholders' certificates
- Establishment contract
- A copy of the legal contract, passports, Emirates ID, and Resident Permit of shareholders (if any)
- A certified and attested copy of a lease agreement or a title deed with a validity of at least 3 months.
- Must have a physical office
- Audited financial accounts and the latest bank statement validated and stamped by a local UAE bank if required
- Duly filled Tax Exemption Form
Who Qualifies to Apply for a TRC Certificate in Dubai?
A Tax Residency Certificate or Tax Domicile Certificate Dubai is a valid document to prove that you and your establishment are entitled to pay taxes in the country of residence. And this helps you to avoid double taxation.
To be eligible to apply for a TRC Certificate, the applicant should be a UAE resident for at least 6 months. And the non-residents of the UAE are not.
There are 3 main business zones in the UAE: Dubai Mainland Companies, Free Zone Companies, and Offshore Companies. Companies operating in Dubai Freezone or Dubai Mainland for at least a year are eligible for the Tax Residency Certificate. Offshore companies are not qualified to secure a TRC certificate in UAE. However, they can get a Tax Exemption Certificate instead of a tax residency certificate. The TRC Certificate UAE is valid for one year and needs to be renewed yearly.
How to Obtain a Tax Residency Certificate in Dubai?
The first and foremost step required to obtain a tax residence certificate is to create an account with the FTA (Federal Tax Authority). Create your profile by providing all the required information. After setting up your account, submit your application for TRC Certificate for business. Make sure to provide all the supporting documents.
While submitting the documents and filling out the application, please ensure the accuracy of the details provided and the completeness of the documents. Providing any misleading information or empty fields can create a delay in the issuance of the certificate. So, you must be cautious while applying for the TRC certificate in Dubai.
Are you struggling with the application process? Contact MTR Experts, the best business consultant in Dubai, now! You can submit the documents to us! We will handle the process together and get the Tax Residency Certificate issued.
MTR Experts, Tax Residency Certifications in Dubai
Are you getting confused about arranging the paperwork? Do you require professional support in getting your TRC Certificate done? Contact MTR Experts in Dubai now! We better understand tax impositions and will do our best to get the TRC application processed & granted successfully! We're just a click away! Contact us now!
Frequently Asked Questions
1. Do I require a certificate of UAE tax residency?
Companies or individuals need to hold a Tax Domicile Certificate (TDC), often referred to as a Tax Residency Certificate, to take advantage of the double taxation arrangements in the UAE (TRC).
2. How long does it take to get a residency certificate?
Processing time ranges from 1 to 2 days, depending on the type of certification needed.
3. What are the documents required to get a Tax Residency Certificate for a Company?
- A copy of the Memorandum of Association.
- A copy of the trade license.
- A copy of the owners/partners/directors of the company passports/IDs and permits of residence.
- A copy of the audited financial accounts.
- A bank statement of the most recent 6 months from the local bank.
- A copy of the lease agreement in the UAE.
- In specific cases – some other documents.
4. What exactly is a UAE tax residency certificate?
For eligible governmental organizations, businesses, and people to benefit from agreements of double taxation avoidance on revenue to which the UAE is a signatory, the TRC is a certificate that is granted. 3.2 Qualification Standards. Normal people. The candidate must have lived in the United Arab Emirates for at least 180 days.
