Q.995 How to get TAX Residency Certificate from Saudi Arabia

Question: I am an NRI residing in Saudi Arabia for the last 18 years, I have made some investments in India over a period of time and since these are maturing, I am now told to produce TAX RESIDENCY CERTIFICATE from Saudi Arabia to avoid double taxation in my capital gains. How and what is the right procedure/approach to produce such certificate. I know I have IQAMA the residency permit. will it be enough to prove my residency that I am an NRI and working in Saudi Arabia? Can any one of you please help? I am really struggling to get an answer to this question for so many days. Thanks, Balasubramanian Answer: My understanding is the taxation authorities of Saudi Arabia do not issue tax residency certificates. The residence visa [Iqama] issued to Saudi Arabia residents should be used as proof Saudi Arabian residency. Perhaps you should check with the institutions where you have your investments on how to proceed.
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Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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Q.995 How to get TAX Residency

Certificate from Saudi Arabia

Question: I am an NRI residing in Saudi Arabia for the last 18 years, I have made some investments in India over a period of time and since these are maturing, I am now told to produce TAX RESIDENCY CERTIFICATE from Saudi Arabia to avoid double taxation in my capital gains. How and what is the right procedure/approach to produce such certificate. I know I have IQAMA the residency permit. will it be enough to prove my residency that I am an NRI and working in Saudi Arabia? Can any one of you please help? I am really struggling to get an answer to this question for so many days. Thanks, Balasubramanian Answer: My understanding is the taxation authorities of Saudi Arabia do not issue tax residency certificates. The residence visa [Iqama] issued to Saudi Arabia residents should be used as proof Saudi Arabian residency. Perhaps you should check with the institutions where you have your investments on how to proceed.
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