Web Content Viewer

As per the UAE Central Bank directive, the country is an adopter of the Common Reporting Standard (CRS), initiated by the Organization of Economic Cooperation and Development. In order to protect the integrity of tax systems and their fight against tax evasion, governments around the globe intend to implement an Automatic Exchange of Information system.
 

Under Common Reporting Standard (CRS), RAKBANK customers will be required to fill in a CRS Self-Certification form, as part of the ‘Tax Residency’ update. It is imperative to note that this information may be shared with the UAE regulatory authorities, who may further share the information with international tax authorities where customers are confirmed to be ‘Tax Residents’.
 

RAKBANK or its staff cannot provide any advice on ‘Tax Residency’ or related laws.
 

You can contact your tax advisor or visit the OECD Portal for further information on ‘Tax Residency’ laws.

CRS related forms:
 

Entity:
 

CRS Self Certification - Entity
 

CRS Self Certification - Controlling Person (for Passive NFE’s)
 

Individual:
 

Individual Self Certification Form - FATCA and CRS

 

Information & Tools

Welcome to RAKBANK Chat

Chat Live with our customer service representative for queries and support

*Disclaimer

  • No information will be disclosed on live chat for your existing products if the chat is not authenticated on this session.
  • If you would like to discuss confidential information with an agent, you will need to login and authenticate the chat.
  • For security reasons, kindly close the chat window immediately after chat is completed.
  • Your chat sessions may be recorded for our training and quality assurance programme.

Share your Feedback