This one document can help you save thousands in taxes—legally—under the Double Taxation Avoidance Agreement (DTAA).
Let’s understand what it is, why it matters, and how you can apply for it.
What is a TRC?
A Tax Residency Certificate (TRC) is an official document issued by the tax authority of your country of residence, stating that you are a tax resident there.
This proves that:
- You live in that country for tax purposes
- You are eligible to claim tax benefits under DTAA between India and that country
Why Do NRIs Need a TRC?
Without a TRC, the Indian tax authorities won’t allow you to claim reduced or zero tax rates under DTAA.
TRC is required if you want to:
- Avoid higher TDS (Tax Deducted at Source) in India
- Claim refunds on excess tax deducted
- Legally reduce or eliminate double taxation
Where to Get Your TRC
You must apply for the TRC from the tax department of the country where you currently reside.
Here are examples for some popular NRI destinations:
| Country | Where to Apply |
|---|---|
| UAE | Federal Tax Authority (FTA) |
| Singapore | Inland Revenue Authority of Singapore (IRAS) |
| USA | IRS Form 8802 (for U.S. residents) |
| UK | HMRC (Her Majesty's Revenue & Customs) |
| Canada | Canada Revenue Agency (CRA) |
| Australia | Australian Taxation Office (ATO) |
Need help applying for your TRC?
Don’t let paperwork or tax jargon slow you down. Pricebridge can guide you through the process—step by step—no matter where you live.
What Documents Are Usually Required?
While requirements vary by country, most TRC applications need:
- Passport copy
- Visa/Resident ID
- Proof of residency (utility bill, lease agreement, etc.)
- Tax return or income proof
- Filled TRC application form (specific to each country)
- Processing fee (if applicable)
Note: Always check the latest checklist on your local tax authority’s website.
How Long Does It Take?
Processing time varies by country. Typically:
- UAE: 3–4 weeks
- Singapore: 1–2 weeks
- USA/UK/Canada: 2–6 weeks
So plan your TRC application ahead—especially before redeeming mutual funds or earning dividends in India.
What to Do After You Get the TRC
Once you receive your TRC:
- Submit it to your Indian bank, broker, or mutual fund house
- Along with:
- Form 10F (can be submitted online on the Income Tax portal)
- Self-declaration letter
- PAN Card copy
- Form 10F (can be submitted online on the Income Tax portal)
Only after submitting these, you become eligible for lower or zero TDS on your Indian income.
Common Mistakes to Avoid
- Not renewing TRC yearly: It’s valid for one financial year—apply again next year.
- Missing Form 10F: Without it, your TRC isn’t valid in India.
- Delaying submission: TDS will be cut at full rate if TRC isn’t submitted on time.
Need Help With TRC or DTAA? Let Pricebridge Assist You.
We help NRIs:
- Apply for TRC in their country
- Prepare Form 10F and declaration
- Claim DTAA benefits smoothly
Book a free consultation with Pricebridge today and make your money work smarter.
