Foreign Tax Credit Advisory Services in Dubai, UAE
In today’s interconnected world, it’s common for UAE-based businesses and individuals to earn income abroad.
5+ Years of experience
1000+
Audit Completed
20+
Financial Experts
1000+
Free Consultation
What is a Foreign Tax Credit?
A Foreign Tax Credit is a tax relief that allows UAE taxpayers (and businesses with foreign income) to offset the taxes paid in another country against their UAE tax liabilities—if applicable. It’s designed to prevent the issue of double taxation and to promote international economic cooperation.
With in-depth knowledge of UAE’s tax treaties and global tax systems, we provide strategic advisory services to help you claim eligible credits and stay compliant across borders.
Our Foreign Tax Credit Advisory Services Include
Eligibility Assessment
We analyze your foreign income streams and determine whether you qualify for FTC relief under UAE law or applicable Double Taxation Avoidance Agreements (DTAAs).
Credit Computation & Optimization
Our team calculates the maximum allowable credit you can claim based on your income type, jurisdiction, and treaty-specific provisions.
Tax Filing Support
We assist in gathering and reviewing the necessary documentation—such as foreign tax payment receipts, income proof, and certificates—for audit-ready filings.
Tax Residency Certificate
A TRC is often required to prove your eligibility for foreign tax credits. We handle the end-to-end application process with the UAE Ministry of Finance.
Cross-Border Tax Strategy
We develop a compliant, long-term strategy that aligns your global income with UAE and international tax regulations, helping you grow your earnings while minimizing liabilities.
Establishing a business in Dubai involves a specific procedure.
Frequently Asked Questions
What qualifies as foreign tax for FTC purposes?
Foreign taxes can include income taxes, withholding taxes, or capital gains taxes paid in another country on income also taxable in the UAE or relevant jurisdictions.
Do I need to be a UAE tax resident to claim FTC?
Yes, a Tax Residency Certificate (TRC) from the UAE Ministry of Finance is typically required to prove your eligibility and claim FTC.
Is FTC applicable to both individuals and companies?
Yes. Both individuals and businesses can qualify for foreign tax credit relief depending on their income sources and treaty provisions.
How does FTC differ from Double Taxation Avoidance?
FTC is a form of relief within a country’s tax system, while DTAAs are treaties between countries. FTC often complements DTAA provisions.