
The Tax Residency Certificate (TRC), also known as a Tax Domicile Certificate, is an official document issued by the UAE Ministry of Finance. It allows individuals and companies to benefit from the UAE’s extensive Double Taxation Avoidance Agreements (DTAA) with more than 130 countries worldwide.
The Double Tax Avoidance Agreement (DTAA) is a tax treaty signed between two or more countries to help taxpayers avoid paying double taxes on the same income. A DTAA becomes applicable in cases where an individual is a resident of one nation, but earns income in another. All the major countries in the world has entered into DTAA with their economic counterparts to foster international trade. UAE also has entered into DTAA with around 140 countries thus broadening and liberalizing its trade route.
A TRC confirms that an individual or entity is a tax resident in the UAE. By obtaining this certificate, you can:
We have been in the industry for over a decade now. Dealing with clients from multiple businesses and backgrounds has given us extensive experience in accounting, auditing and taxation around the world. We can help you in acquiring a Tax Residency Certification based on requirements of your business. We fulfill any TRC related services.