Tax Residency Certificate

For international companies that operate across tax regimes, double taxation and associated legal avoidance is a major challenge. Businesses can benefit from the Double Tax Avoidance Agreements (DTAAs) that the governments of the UAE, KSA, and other GCC nations have signed with other nations.

Corporate entities and resident individuals are both eligible to apply for a Tax Residency Certificate, although a person is only eligible if they have lived in the UAE for at least 180 days. The application for a Tax Residency Certificate requires a number of papers, including copies of the applicant’s passport and Emirates ID, a current residence permit, bank statements, etc.

Utilizing the DTAAs can be beneficial for both people and businesses. With a focus on DTAAs and TRC, Bestfolio has a team of tax professionals from the UAE, KSA, and GCC. Our team of professionals can make the process for people or businesses to obtain the Tax Residency Certificate easier because they have many years of expertise managing double tax avoidance agreements. You can benefit from their knowledge to better understand the tax treaty terms and use it to your business interests to obtain a real advantage