Picture for illustrative purposes only.
PHOTO BY ARCHIVE
Tax residents can acquire Tax Residency Certificates (TRCs) in 45 minutes and take advantage of Double Tax Avoidance Agreements (DTAA) that the UAE has negotiated with several countries.
Tax residents are people who stay in the UAE for 183 or more days out of the year.
The Federal Tax Authority website stated that applying takes roughly 45 minutes. The TRC is valid for one year from the beginning of the financial year indicated by the applicant.
According to the Ministry of Finance, the standards for determining tax residency were recently clarified.
For instance, tax residents do not need to own a permanent residence, but “such [a] place must be continuously available to them.”
While calculating the 183-day threshold, all days or parts of a day wherein an individual is physically present in the UAE will be considered.
Experts have highlighted the country’s very straightforward domestic tax residency regime. It is designed to ensure that individuals who live and work in the UAE are subject to fair and equitable taxation. TRCs will help ensure that residents of the UAE are not subject to double taxation.
— Create an account on the Federal Tax Authority (FTA) website.
— Click on the ‘Services’ tab.
— In the drop-down menu, click on ‘Certificates.’
— Click on ‘Request for Tax Residency Certificate.’
— On the application form, fill in all the details (name, Emirates ID number, tax registration number, contact details, etc.).
— Upload all required documents (copies of passport, Emirates ID, tenancy contract, utility bill, etc.).
— Double-check all the details in the application and click on ‘Submit.’
— A processing fee will be charged on the payment gateway.
— FTA will review your application after receiving it. The individual will be issued a TRC upon approval in a few days.
— The UAE tax residency certificate will be provided via email and available for download on the individual’s FTA account.
— For submission: Dh50
— For all tax registrants: Dh500
— For non-tax registrant natural persons: Dh1,000
— For non-tax registrant legal persons: Dh1,750
For all the latest news from the UAE and the world, follow us on Facebook, Twitter and Instagram and subscribe to our YouTube page
Dubai: Government launches new platform, allows residents to file complaints in 2 mins
UAE weather: Rain forecast for 3 days next week
Dubai: Novak Djokovic reveals he used to wait in line for hours just for bread to eat
Dubai jails European man selling work visas on TikTok
Dh5,000 fine, jail time for begging in UAE, Public Prosecution warns
Dream Island: UAE’s first scratch card game opens new store
Dubai: Woman scams man of Dh185,000 for customs in exchange for 8 gold bars
Dubai: Big Bad Wolf sale returns, up to 90% discount on books
Turkey: 5.3 magnitude earthquake strikes Turkish province
Syria, Saudi Arabia to reopen their embassies after 10 years
UAE law: New penalties to come into force for violating consumers’ rights