Understanding Tax Residency Certificate in the UAE
Do you want to know how to apply for a Tax Residency Certificate in UAE, Dubai? The UAE gives a tax-friendly place to businesses and people who work as entrepreneurs. This thing makes UAE a top place on a global map for those who want to start their business. Many tax rules in UAE are easy, but all businesses must follow these rules. If a business doesn’t follow, then it may pay fines or face problems from the law.
A Tax Residency Certificate is one rule that is very important for businesses living in the UAE. This certificate shows where a person or a business pays tax in the UAE. The main reason for this certificate is to stop double tax under UAE agreements with other countries.
Now, you can read how to get a TRC in UAE. Let’s learn the simple steps below.
Steps for Getting a TRC in Dubai
You must follow a few easy steps if you want to get a Tax Residency Certificate in Dubai. These steps help you get the TRC without trouble.
- Check eligibility first:
- First, check if you’re eligible. If you are a person, you must live in UAE and keep your money and work in UAE as well. If you are a business, then your company must be a tax resident under UAE laws.
- If your business is set up in UAE, you usually meet this rule. Always check the latest rules from the government.
- Apply through the FTA portal:
- You must make an account on the FTA (Federal Tax Authority) online portal.
- After you log in, you can fill out the TRC form and send your request online.
- You need to finish all online steps as shown on the website.
- Collect and upload the documents:
- You need to upload all the required documents on the portal. These include:
- Passport or Emirates ID
- Trade license copy
- Residence visa
- Tenancy contract
- Last six months’ bank statements
- Certified contracts, if needed
- The documents you need may change depending on if you are a person or a company.
- You need to upload all the required documents on the portal. These include:
- Submit your application:
- After you upload everything, send your form and documents.
- You must pay the required fees.
- The process usually takes about a week or less.
- You will get a message when your TRC is ready.
If you follow the steps above, you can get your Tax Residency Certificate and avoid double taxation. You must check all details before you apply. If you give the wrong documents, the authority can cancel your TRC at any time.
How Mubarak Al Ketbi Chartered Accountants Can Support You
What can help from Mubarak Al Ketbi Chartered Accountants?
Mubarak Al Ketbi Chartered Accountants has a skilled team of tax experts. The team can help you collect all documents and make sure they are correct. They check every paper before you apply, so you won’t face mistakes. They help you fill and send the TRC application to the authority. You can reach their team any time if you need help. The team always stands ready to assist.
You should not miss the boat when it comes to getting the right support for your tax matters.
For more information:
- Visit our office: Saraya Avenue Building – Office M-06, Block/A, Al Garhoud, Dubai – UAE
- Contact/WhatsApp: +971 50 276 2132