Today's Edition
DUBAI (ALETIHAD)
Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), affirmed that the FTA has set specific timeframes for submitting Corporate Tax (CT) registration applications and has announced them across all media channels. Business sectors have also been informed of the specified deadlines for different taxpayer categories as part of the FTA’s continuous efforts to strengthen strategic partnerships with taxable persons and provide them with the means to facilitate smooth and accurate tax compliance.
Bustani highlighted that the FTA continuously engages with business sectors to understand their views and suggestions, aiming to achieve the desired objectives of tax legislation while offering the possible reliefs that do not disrupt their activities.
The statement was made during the opening of a new awareness workshop organised by the FTA in Dubai as part of the second phase of the FTA’s comprehensive campaign to educate business sectors and stakeholders about the importance and requirements of CT compliance. The campaign is part of the FTA’s ongoing plans to enhance tax knowledge among taxable persons and enable their voluntary compliance with the CT regime.
The workshop witnessed a significant and record participation, the largest since the campaign began last year, with 842 stakeholders in the tax sector attending, including 52 senior officials from public and private sector entities.
The Director General of the FTA said: “The FTA is intensifying its efforts to increase direct communication with business sectors and tax stakeholders. This is done through in-person and virtual awareness workshops, as well as engagements across economic councils and business assemblies in commercial and industrial areas. The aim is to disseminate tax awareness broadly and interact with all categories of taxpayers.”
His Excellency further added: “The FTA is committed to increasing knowledge support for all categories of taxable persons, especially for Corporate Tax.”
He emphasised that free zones are a vital part of the UAE economy and highlighted that the FTA has recently issued a comprehensive CT guide on for free zones, which is an essential resource for businesses operating within these zones.
