The Tax Residence Certificate (TRC) is an official document issued by the UAE Federal Tax Authority (FTA) to businesses and individuals in the UAE, establishing their tax residency status. This certificate is vital for benefiting from double taxation avoidance agreements (DTAA) between the UAE and various countries.
Whether you’re a business operating in the UAE or an individual residing here, obtaining a TRC certificate can significantly reduce your tax burden by ensuring you are taxed fairly based on your UAE residency.
For Businesses:
If your company has been operating in the UAE for at least a year in either the mainland or free zone, it may be eligible to apply for a TRC certificate. However, offshore companies do not qualify for the Tax Residency Certificate and must apply for a tax exemption certificate instead.
For Individuals:
Individuals who have lived in the UAE for a minimum of 180 days can apply for a Tax Residency Certificate. This is especially beneficial for those whose home countries do not have a double taxation agreement with the UAE. You must hold a valid UAE resident visa for at least 180 days before applying.
For Companies:
The application fee for a company’s TRC is AED 10,000, payable through the e-Dirham Card to the UAE Federal Tax Authority.
For Individuals:
The TDC application fee is AED 2,000, payable via the e-Dirham Card.
Don’t miss out on the tax benefits you could receive with a TRC certificate. Whether you’re an individual or a company, securing your Tax Residence Certificate will streamline your tax process and help you save more.
Contact us today to start your application for the Tax Residency Certificate and benefit from tax reliefs, DTA agreements, and more!