The Importance of Tax Optimization
Considering establishing your company in Dubai? Understand the tax implications in your current tax residence. Explore double taxation treaties between the UAE and your country, interpret them, and implement practices to optimize your overall taxation while adhering to both countries’ laws. With our expertise, we provide answers, diagnose your current profile, advise on suitable structuring, value addition, and necessary practices to benefit from advantages and comply with laws in both contracting countries.
Tax Residence
Tax residence is the primary criterion to determine if you’re subject to taxation. It’s possible to be a tax resident in multiple countries simultaneously. Generally, being classified as a tax resident in a country involves tax obligations. However, becoming a tax resident in the UAE allows you to utilize and benefit from double taxation treaties with your current tax residence country, which could, with proper measures, reduce your taxable base.
The tax residency certificate is a key element of tax optimization. We guide you through the process of obtaining the tax residency certificate in the United Arab Emirates, enabling you to benefit from local tax advantages while optimizing your overall tax situation.
Double Taxation
CRS (Common Reporting Standard)
The Common Reporting Standard (CRS) is an international mechanism for automatic exchange of financial information. We help you understand the implications of CRS on your business and implement compliant strategies to maintain compliance while maximizing tax benefits.
Benefits of Tax Optimization with RNM Solutions
Why Choose RNM Solutions?
Local Tax Expertise:
We understand the nuances of the local and international tax system to provide effective solutions.
Comprehensive Analysis:
Our holistic approach examines all aspects of your tax situation for complete optimization.
Continuous Updates:
Tax laws evolve. We are committed to staying informed about the latest developments to provide current advice.
