Wednesday 23 June 2021

File your VAT in UAE with The VAT Consultant

The UAE Tax Residence Certificate ("TRC") is an official document issued by a government agency of any country based on the aapplication of a resident (natural or legal person) to confirm that the applicant is a tax resident in the UAE and is issued by the Ministry of Finance (MoF) "Residence permit" or "Proof of residence". If you are a new business owner in the gulf and looking for VAT registration UAE then contact thevatconsultant.

 

However, according to Cabinet Resolution No. 65 of 2020 issued on November 5, 2020, it has been announced that the issuance of tax residence certificates or tax residence certificate services will be transferred from the Ministry of Finance to the Federal Tax Agency (FTA) The website of the Ministry of Finance will stop accepting new applications as of November 11, 2020. As of November 14, 2020, the FTA website will provide a link to send the residence certificate tax or residence certificate application service. TheVATConsultant is one of the leading VAT registration agencies in Dubai.

 

vatpaperonlinesubmissions2313765731.jpg

Therefore, as of November 14, 2020, it is necessary to apply for the issuance of a certificate of tax residence or a certificate of tax residence in the UAE on the FTA portal. Tax residents of certain countries. The generally accepted fact is that the provisions of the Tax Treaty apply only to residents of the States Parties to the Tax Treaty.

 

Therefore, to obtain the benefits of the existing tax treaties between the two countries, the most basic requirement is to obtain a residence certificate, that is, a "residence tax certificate" or a "residence certificate". This also helps the country to build a database of its residents and, if necessary, facilitate the exchange of information for international cooperation. The "Certificate of Tax Resident" or "Certificate of Residence" issued by the tax authority is only valid for a specific (single) tax year.

 

Commercial Activities Cerfitication

In addition to the transfer of services related to the issuance of certificates of tax residence or certificates of domicile, the Ministry of Finance also transferred the services of transfer of certificates of corporate / commercial identity (also known as certificates of business activity) to the FTA. Government entities, businesses and individuals can refund prepaid value added tax outside the UAE or related to goods purchased in different countries / regions without having to agree to avoid double taxation.

 

Documents required to get Tax residency certificate

 

  1. A copy of Passport and Emirates ID
  2. Valid residence permit
  3.  A certified copy of the (residential) lease agreement / Tenancy contract
  4. Bank statement for last six months
  5. Salary certificate / Income certificate
  6. A report from the General Directorate of Residency and Foreigners Affairs mentioning the duration of the person’s stay in UAE (Minimum 183 days)
  7.  Tax forms (if any) from the country where the certificate needs to be submitted

Documents Required - For Companies:

  1.  A copy of valid trade license
  2.  A copy of Articles of Association and Memorandum of Association
  3. A copy of the company’s owners/partners/directors’ passports, IDs and permits of residence.
  4. Certified Audit Report
  5.  Bank statement for at least six months
  6.  A certified copy of the lease agreement (ejari).

 

For VAT registration Dubai visit thevatconsultant.com