What is a Tax Residency Certificate?
For a TRC to be granted, a legal entity must have existed for at least one year. In addition, an audited financial report must be attached to the application. If requested, the audit report must include the past year.
What is TRC for a legal person in UAE?
TRC stands for Tax Residence Certificate, a document issued by the UAE government to confirm the tax residency status of a legal entity.
Who can apply for a TRC?
Any legal entity registered in the UAE and meeting certain tax residency criteria can apply for a TRC.
What are the requirements for obtaining a TRC?
The requirements vary depending on the specific circumstances of the legal entity. Generally, they include proof of tax residency in the UAE, such as lease agreements or utility bills, as well as financial statements and other documentation.
