What Is a Certificate of Residence (COR)?

A Certificate of Residence (COR) is a document that verifies the recipient company's country of tax residence. When the payer (a tax resident) submits the withholding tax to the tax authorities, they must attach the COR. This ensures that the withholding tax rate is applied according to the recipient company's country of residence. Without a COR, a standard withholding tax rate of 10% will be imposed

什么又是居民证 (COR) 呢？

居民证 (COR) 是一份证明收款方 （非税务居民）公司所在地的文件。当付款方（税务居民）向税收局呈报预付税时需要附上居民证 (COR)，才能按收款方 （非税务居民）公司所在地的预扣税率来缴付预扣税，否则一律按照10%的预扣税率来征收。