News Archive 2017 | Page 6 of 10

A UAE Tax Residency Certificate (TRC), also known as a Certificate of Domicile, is an official document issued by the Ministry of Finance of the United Arab Emirates (MOF) confirming an individual or legal entity's tax residency status in the UAE. The certificate is used exclusively for international tax purposes and is intended for submission to the tax authorities of a specific foreign jurisdiction in the context of applying double taxation avoidance agreements...

In 2017, two free economic zones of the Emirate of Ras Al Khaimah – RAK FTZ and RAKIA – were merged into a single free zone, Ras Al Khaimah Economic Zone (RAKEZ). Since the merger, RAKEZ has been consistently developing as one of the largest and most versatile free economic zones in the UAE, offering a wide range of licenses, infrastructure facilities, and business presence formats for international companies...

This overview covers the main types of visas available in the United Arab Emirates. The UAE remains one of the most attractive countries for both short-term visits and long-term residence, which is why visa and residency matters remain highly relevant...

A residence permit in the United Arab Emirates (Dubai and other Emirates) is an official immigration status that grants a foreign national the right to long-term residence in the UAE, as well as access to a number of rights and benefits, including opening bank accounts, obtaining an Emirates ID, renting and purchasing real estate, and sponsoring visas for family members. Depending on the legal basis and visa category, UAE residence visas are issued for periods ranging from 1 to 10 years, with the option to renew...

Free economic zones (FEZs) in the UAE are special jurisdictions created to stimulate international trade, investment, and entrepreneurial activity. Free zones have become a key instrument in the country’s economic development and an essential part of its economic diversification strategy...