Page 22 - Premier Brains Global -Doing Business in UAE (Low Res)
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DOING BUSINESS in UAE
advantage of any relevant tax treaty benefits
Tax Residency Certificates
A TRC is given for a certain DTT and for a
(TRCs) period of one year. Individuals, legal entities,
and organizations in the UAE can apply for
TRC is an official document issued by the the Tax Residency Certificate and enjoy
UAE Ministry of Finance that declares the tax a tax-free income. However, companies
residency of a person residing in the UAE or must prove that they have been active for a
companies registered in the UAE and are minimum of one year, and individuals must
granted on a case-by-case basis by the have resided in the UAE for a minimum of
Federal Tax Authority (FTA) 180 days to be eligible for the Tax Residency
For UAE businesses, they that have been in Certificate.
operation for at least a year, have an office
in the UAE, and have had their financial Tax residency certificate through website
statements audited. People who live in of Federal tax Authority with submission of
the UAE can apply for a UAE TRC to take required documents.
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