UAE TAX RESIDENCY CERTIFICATE

A. Background

Tax Residency Certificate or sometimes called as Tax Domicile Certificate is an official certificate issued by Ministry of Finance of UAE to either Companies inside UAE for at least 1 year of age or Individual with UAE residency visa / permanently residing in the UAE for at least minimum of 183 Days.

It is issued for eligible government entities, companies and individuals to take advantage of agreements of double taxation avoidance on income signed by the UAE. It covers over 76 Countries in the World and this certificate valid for one year from the date of its issue.

Once all the document is complete and submitted, it normally takes between 4-5 working days for pre-approval from authority and another 6-7 working days in issuing the Tax residency certificate (once approved).

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B. Requirements for Companies

1.
Company to be operating in UAE for at least 1 year.

2.
Copy of valid trade license

3.
Memorandum of association of company or articles of establishment/incorporation

4.
Company’s owners, directors and managers passport copy, Emirates id copy and visa copy

5.
Validated 6 month bank statement during the required year (Original bank statement stamped by the bank)

6.
Certified copy of the lease agreement

7.
Certified audited report.

8.
Year for which TRC is required (start date needs to be mentioned in the application and TRC will be valid for period of 1 year from the start date)

C. Requirements for Individuals

1.
Individual to be resident in UAE 183 days at least.

2.
Copy of the passport, visa.

3.
Copy of valid Residential ID.

4.
A certified copy of (residential) lease agreement (Ejari).

5.
Source of income/Salary certificate.

6.
A validated 6-month bank statement during the required year (Original bank statement stamped by the bank)

7.
Immigration Report of residency (Exit & Entry report).

D. Cost Estimate

Estimated government fees for corporate entities who are VAT registered is AED 550 per certificate, corporate entities who are NOT VAT registered is AED 1,800 per certificate and for individuals it is AED 1,080 per certificate. Each certificate has a validity of 1 year (We recommend to re-validate the fee before applying). Fee for printed TRC certificate if required is AED 250 per certificate.

Premier Brains can assist in obtaining this certificate for a nominal fee. If you would like our assistance on the same or you need tax consultancy in Dubai, please write to us at info@premier-brains.com or call us at + 971 4 3542959

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This document is only for information purposes. The information may change as per government directive so the users should re-validate it .