Simplified Tax Residency Certificate (TRC) Services
A Tax Residency Certificate (TRC) is an essential document that enables individuals and businesses in the UAE to benefit from Double Taxation Avoidance Agreements (DTAAs). These agreements prevent double taxation on the same income, saving costs and fostering global business opportunities.
The TRC is issued by the International Financial Relations and Organizations Department and serves as proof that an individual or company qualifies as a tax resident in the UAE.
Who is Eligible to Apply for a TRC in the UAE?
Individuals:
- Must reside in the UAE for at least 180 days within a year.
- Non-residents are not eligible for a TRC.
Companies:
- Must be operating in the UAE for at least one year to qualify.
How Proficient Simplifies the TRC Application Process
Navigating the TRC application process can be daunting, but Proficient ensures a streamlined and hassle-free experience. We guide you every step of the way, handling the documentation and communication with relevant authorities. Here’s how we help:
- Eligibility Assessment:
We evaluate your or your business’s residency status to confirm eligibility for a TRC. - Document Preparation:
Our team assists in gathering and preparing all required documents, ensuring nothing is overlooked. - Application Submission:
We submit your application through the official channels and monitor its progress closely. - Secure Delivery:
Once approved, your Tax Residency Certificate will be sent directly to your registered email address.
Documents Required for TRC Application
For Individuals:
- Valid Emirates ID
- Passport copy
- UAE visa copy
- Proof of UAE residency (e.g., tenancy contract, utility bills)
- Bank statements for the last six months
- Income documentation (e.g., salary certificates or other proof of earnings)
For Companies:
- Trade license copy
- Certificate of incorporation
- Memorandum of Association (MOA) or Articles of Association (AOA)
- Bank statements for the last six months
- Audited financial statements
- Proof of operational activity in the UAE
Benefits of Obtaining a TRC
- Access to DTAA Benefits: Avoid double taxation on income, dividends, royalties, and more.
- Tax Relief: Lower or eliminate withholding taxes in countries with DTAA agreements.
- Global Business Opportunities: Enhance credibility with international partners and governments.
Why Choose Proficient for Your TRC Needs?
At Proficient Accountants, we prioritize simplicity and efficiency. Here’s why businesses and individuals trust us for TRC services:
- Expert Guidance: Our experienced team ensures your application is accurate and complete, reducing processing delays.
- End-to-End Support: From assessing eligibility to submitting your application, we handle every detail.
- Personalized Solutions: We tailor our services to meet your unique needs, whether you're an individual or a business.
Start Your TRC Application with Proficient Today
Obtaining a Tax Residency Certificate doesn’t have to be a complicated process. With Proficient by your side, you can secure your TRC quickly and confidently.
Contact us now to schedule a consultation and take the first step towards benefiting from the UAE’s tax advantages!