Tax Residence Certificate in UAE
What is a Tax Residence Certificate (TRC)?
A TRC is an official certificate issued by the Ministry of Finance in the UAE. This document basically certifies that an individual or a business is a tax resident in the UAE, which provides great taxation benefits.
Who is eligible for a TRC?
Individuals
Should have a UAE residence visa
Should be residing in the UAE for a minimum of 180 days in a year Businesses
Corporates
Should be at least a year old
Should have a physical office/lease agreement
Benefits of a TRC
Proof of Tax Residency
Avoids Double Taxation
UAE has double taxation avoidance agreements with 75+ countries
Validity
A TRC is valid for a period of one year and can be applied again, based on satisfaction of mentioned conditions.
Service Spectrum
Flyingcolour® Tax Consultant and J N J Auditing LLC offer a full range of financial, tax, and compliance services to support UK businesses in Dubai. Our expertise covers accounting and bookkeeping, tax advisory, auditing, Economic Substance Regulation (ESR) compliance, Anti-Money Laundering (AML) services, tax residency certificate assistance, payroll management, excise tax, other regulatory compliance, and CFO support. With a team of experienced professionals, we provide comprehensive, tailored packages designed to meet the specific requirements of UK entrepreneurs and companies in the UAE.