For multinational corporations that operate across tax regimes, double taxation and associated legal avoidance are major concerns. Businesses can benefit from Double Tax Avoidance Agreements (DTAAs) made by the various governments with other nations in the UAE, KSA, and other GCC nations.

A tax resident entity or individual who satisfies the residence requirements set forth in the residence Regulations under the domestic income tax law of the country is granted a Tax Residency Certificate (TRC), also known as a Residency Certificate. In terms of the DTAA, TRC is a requirement for obtaining any benefits of reduced or no taxes in the source or residence nation.

The UAE Ministry of Finance (MoF) issues Tax Residency Certificates (TRCs), also called Tax Domicile Certificates, which attest to a company’s or individual’s status as a tax-paying resident in the UAE.

Both resident people and corporate entities are eligible to apply for a tax residency certificate; however, a person may only do so if they have spent at least 180 days in the United Arab Emirates. A valid residence permit, bank statements, copies of one’s passport and Emirates ID, and other papers are needed in order to apply for a tax residency certificate.

Individuals and businesses may find it advantageous to utilize the DTAAs. A group of tax specialists from GST Corporate Services, with expertise in the UAE, KSA, and GCC, focuses on DTAAs and TRCs. With years of experience overseeing Double Tax Avoidance Agreements, our team of professionals can streamline the Tax Residency Certificate application procedure for people or businesses. By using their knowledge, you may make sense of the tax treaty requirements and use them to your advantage to further your business goals.