Get your UAE Tax Residency Certificate today with BMS Auditing and avoid double taxation. Enjoy tax exemptions, smooth international trade, and hassle-free compliance with UAE tax regulations.
With the UAE emerging as a prime destination for commercial activities, international trade and business is on the rise. Though this growth may make navigation through the tax regime complex and complicated, especially when double taxation is involved, the solution can be easily found in the form of a Tax Residency Certificate in the UAE.
BMS Auditing can obtain your UAE Tax Residency Certificate in the shortest possible time. The business and corporate entities under double taxation treaties of the UAE no longer need to pay double for the same income, using the tax treaties and also avoiding any double taxation payments. In this case, such businesses must have existed at least one year ago but could have been existing on either mainland or in the free zones.
Who can receive the UAE Tax Residency Certificate?
A UAE Tax Residency Certificate can be provided to both individuals and organizations in the following circumstances:
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- An individual is eligible if they fulfill the residential and employment conditions.
- The company should have a valid trade license and must have been carrying on business operations in the UAE for at least one year.
A Tax Residency Certificate has many benefits such as income tax exemption, ease of international trade without double taxation concerns, and more.
Benefits Offered by the UAE Tax Residency Certificate
- Income Tax Exemption: The UAE's tax-friendliness, which includes no personal or corporate income tax, is a major advantage for residents.
- No Double Taxation: The Tax Residency Certificate ensures that individuals or businesses are not taxed twice on the same income by two countries, as the UAE has Double Taxation Avoidance Agreements (DTAAs) with many countries.
- Smoothening International Trade: The certificate makes international trade easier by reducing tax complications.
- Legally Identified: It ensures the individual or company is a tax resident of the UAE and enjoys all the tax advantages in the country.
- One-Year Validity: It is valid for one year after its issue date and is renewable.
- Tax Benefits: It provides the UAE tax resident with various tax benefits and agreements.
- Multiple Certificates: Both individuals and companies can apply for as many certificates as they may require.
How to Obtain a Tax Residency Certificate in the UAE
- Register: Register on the UAE Federal Tax Authority's website.
- Application Form Submission: Submit your application online for the Tax Residency Certificate. Documents must be submitted in PDF or JPEG format.
- Pay Fees: After reviewing the application, make an online payment for the applicable fees.
- Issuance of Certificate: Once approved, the TRC will be issued and delivered by express courier to the registered address.
Documents Required
- For Individuals
- Salary certificate
- Bank statement for the last six months
- Tenancy contract or proof of residence
- Copy of passport, UAE residency visa, and Emirates ID
- Entry and exit report from the General Directorate of Residency and Foreign Affairs (GDRFA)
- For Companies
- Certificate of Incorporation
- Organizational chart
- Passports and residency visas of company directors/shareholders
- Valid trade license (Mainland DED or Free Zone)
- Memorandum of Association
- Certified audited financial statements or bank statements for the last six months
Processing Time
- Pre-Approval: 4-5 working days
- Certificate Issuance: After approval, the TRC is issued within 5-7 working days.
Why BMS Auditing for Your Tax Residency Certificate?
We will assist you in obtaining your Tax Residency Certificate hassle-free through professional support from BMS Auditing. All documentation and procedures are streamlined to save your precious time. Whether an individual or business, our team is always prepared to support you to understand all the intricacies of tax and regulations in the UAE.
We assist with applications for both Tax Residency Certificates and Tax Domicile Certificates, offering consultations on minimizing tax liabilities and developing optimal tax strategies.
Contact Us Now
If you are planning to obtain a Tax Residency Certificate in the UAE, then BMS Auditing is here to provide you the expert consultation. Our professionals can guide you through each stage and ensure timely submission of the required documents.
With BMS Auditing, you are assured of getting it processed faster so that you have more time available to focus on business development in the UAE without worrying about bureaucratic delays and taxation complexities.
