A company shall be deemed resident provided that it complies with a number of requirements. Such requirements are as follows:
- Majority of members of the Board of Directors shall be residents of the country where business is performed;
- The company shall have a real office;
- The company shall perform business in the country confirmed by relevant documents and bank accounts.
Residency is confirmed by tax residency certificate issued by tax authorities or, in the case of the United Arab Emirates, by Ministry of Finance of the UAE.
Tax residency certificate is a document that is essential to utilize advantages defined by the agreements for avoidance of double taxation.
To register a company in UAE and to obtain tax residency certificate of company or physical person send us an e-mail or call us.
