A Tax Residency Certificate is a certificate issued for eligible natural and legal persons to take advantage of agreements of double taxation avoidance of income signed by the UAE.
The Tax Residency Certificate is open to any company operating on the mainland or in a Freezone that has been active in the country for at least a year. Offshore companies are ineligible for this and must receive a tax exemption certificate instead of the Tax Residency Certificate.
As well as business entities, the Tax Residency Certificate is also available to individuals who have resided in the UAE for at least 180 days and who wish to establish tax residency in the country. This is particularly beneficial for individuals whose native countries do not have a double taxation agreement with the UAE. The individuals must have a valid UAE resident visa for more than 180 days to apply.
If you need assistance to obtain a Tax Residency Certificate as an individual or a company in the UAE, please get in touch with us.