Our services
Tax Residency
Tax residency plays a crucial role in income management strategies and tax burden optimization. An individual’s tax residency status determines the jurisdiction where their global income is taxed.
Our services include:
- Obtaining a tax residency certificate, including under special conditions in countries like Cyprus (“60+ days rule”), UAE (“60+ days rule”), and Georgia (residency by wealth).
- Determining an individual’s tax residency through data analysis and collection of all necessary documents to acquire residency status.
Application of Double Taxation Treaties
Proper treaty analysis helps avoid double taxation and enables efficient structuring of business and personal assets in compliance with legal requirements.
Application of Double Taxation Treaties
REVERA specialists provide:
- Assessment of the current tax situation and development of strategies to optimize tax obligations.
- Analysis of existing tax liabilities and identification of potential risks.
- Development of financing and management structures to optimize taxation.
- Collection and preparation of necessary documents and legal opinions for tax authorities to prove or disprove tax residency status.
- Tax obligations accounting and guidance on fulfilling such obligations.
- Each service is designed to create effective solutions for managing and structuring tax obligations, helping individuals minimize tax burdens and avoid unwanted legal consequences.
Experts in the field
Projects
Obtaining Tax Residency Status in Georgia (High Net Worth Basis) for a Turkish Citizen
REVERA Private Clients helped a Turkish citizen obtain Georgian tax residency on the basis of high net worth. This enabled him to confirm his tax status, avoid double taxation risks, and resolve banking issues.
Obtaining tax residency status in Georgia (based on wealth) for a resident of the Republic of Belarus
The REVERA Private Clients team helped a Belarusian citizen obtain tax residency in Georgia based on wealth, which allowed them to avoid being automatically recognized as a tax resident of Belarus.
Consulting an individual on CFC taxation (company in the UAE)
The REVERA Private Clients team helped a Russian citizen create a business structure in the UAE, complying with the regulations on controlled foreign companies.
Obtaining a Cypriot tax residency certificate retroactively (for 2021)
The REVERA Private Clients team helped the client obtain a Cypriot tax residency certificate for 2021 to confirm the absence of tax residency in another jurisdiction and avoid double taxation.
Obtainment of tax resident status
Consulting a private individual on the obtainment of tax resident status.
Personal tax control
Restoration and keeping of records of incomes/expenses for the purpose of individual tax control.
Publications
United Kingdom: the impact of family circumstances on tax residency
articles
Tax Residents of Georgia: Employment with a Foreign Company
articles
Capital Gains Tax on Real Estate Sales: Georgia, UAE, Spain
articles
Spain: Withholding Tax on Dividends
articles
Family, Friends and Taxes: A Comparative Analysis of Gift Tax Approaches in Different Countries
articles
Tax Transparency and CRS Data Exchange: What Does This Mean for Residents?
