Definition
Tax Residency refers to the status of an individual or business that determines which country’s tax laws apply to their income. In the UAE, tax residency is granted if certain conditions are met.
Key points
Practical example
An expat who spends more than 183 days in Dubai and holds a UAE residence visa qualifies as a UAE tax resident and can apply for a TRC.
Why it matters
Tax residency status determines tax liability and treaty benefits, making it crucial for international businesses and residents.