Get Your Tax Residency Certificate in UAE With Licensed ExpertsIn this highly digitalized world, businesses are no longer bound by geographical restrictions. Business activities are now being conducted globally, and cross-cultural business activities are experiencing a major boom. While this has a lot of advantages to offer, businesses find themselves getting trapped in a tax web, and face issues with double taxations during the import-export process. However, this can easily be resolved by acquiring a tax residency certificate. The Government of UAE issues this certificate for businesses to maximize the Double Tax Treaty (DTT), thereby making it possible for them to transform this threat into an opportunity. The DTT is focused on preserving the interests of foreign companies and investors hailing from other taxable jurisdictions with a wish to invest in the UAE. This treaty has allowed foreign investors and companies that pay taxes abroad to mitigate any potential tax burdens in the UAE. What this means is that making investments in the UAE is 100% tax-free.
Who Is Eligible & How to Apply for The TRC Certificate in Dubai?The TRC in Dubai can be obtained by:
- – Companies operating in Dubai Mainland
- – Employed individuals
- – Free zone companies
- – Corporates that have been functional for more than 36 months