Fta To Issue Tax Residency And Commercial Activities Certificates For Investors In The Uae Via Its E-services Portal

  • Date: 06-Nov-2020
  • Source: Eye of Riyadh
  • Sector:Economy
  • Country:UAE
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Fta To Issue Tax Residency And Commercial Activities Certificates For Investors In The Uae Via Its E-services Portal

The Federal Tax Authority (FTA), in coordination with the Ministry of Finance (MOF), has completed its preparations to issue both digital Tax Residency and Commercial Activities Certificates, in line with the Cabinet Decision No. 65 of 2020 on Fees for Services provided by the Federal Tax Authority issued October 2020.The Authority will begin receiving applications for the issuance of Tax Residency and Commercial Activities Certificates via its e-services portal as of 14 November 2020. The FTA explained that there are two categories of tax certificates which are issued to companies and individuals, the first being the 'Tax Residency Certificate', a certificate issued by the FTA upon request to enable applicants to benefit from Double Tax Avoidance Agreements (DTAA) signed between UAE and other countries . The second is the Commercial Activities