Experienced UAE Tax Residency Certificate Providers for Business
A Tax Residency Certificate (Tax Domicile Certificate), issued by the UAE Ministry of Finance, is an official document for companies at least one year old and individuals who are UAE residents or have lived in the UAE for at least 90 days beginning March 01, 2023. It is crucial for companies and individuals to fully benefit from the extensive double tax treaties and avoid double taxation, which the UAE has signed with over 76 countries worldwide.
The certificate, valid for one year from the date of issue, is issued by the Ministry of Finance to companies operating in the UAE for at least one year and individuals with UAE residency visas or those permanently residing in the country for a minimum of 180 days. Tax Residency Certificate in UAE is not applicable to offshore companies (International Business Companies) because offshore companies are not considered tax residents of the UAE. They are typically registered in tax havens and are not subject to tax in the country of registration.
Therefore, they are not eligible to apply for a Tax Residency Certificate in the UAE. The Tax Residency Certificate is only applicable to companies and individuals who are considered tax residents in the UAE, meaning they are subject to tax in the country based on their business activities or personal income.