Taking measures to confirm onshore
There is a global trend to
deoffshorization, confirmation of the
onshore business become the most
important conditions for using bank
services abroad. A certificate of registration as a VAT taxpayer will help to
confirm this fact.
Obtaining a certificate of tax residence
for the parent company from the UAE.
The place where the actual management
of the business is carried out plays the
main role in determining the residence of
business and country of business
taxation. The place of management is confirmed by the location of controlling
person, presence of functioning office
and staff at the place of registration, the
venue of shareholders' meetings.