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FTA reinforces crucial role of certified tax agents at Annual Forum for Certified Tax Agents

FTA reinforces crucial role of certified tax agents at Annual Forum for Certified Tax Agents
18 Sep 2024 17:01

DUBAI (WAM)

Recognising the increasingly complex world of corporate taxation, the Federal Tax Authority (FTA) convened its Annual Forum for Certified Tax Agents, underscoring the vital role these professionals play in ensuring compliance and shaping a transparent tax environment.

The forum, held on Wednesday at Zayed University’s Convention Centre, brought together over 180 certified agents and key FTA officials for a day of insightful discussions and knowledge sharing.

In her opening address, the Director of the Taxpayer Services Department at the FTA, Zahra Al-Dahmani, emphasised the importance of continuous professional development for tax agents.

"The landscape of corporate taxation is dynamic and constantly evolving. To truly serve businesses and contribute to a healthy tax ecosystem, the FTA is committed to supporting tax agents through continuous learning and engagement to keep them ahead of the curve."

The forum served as a testament to this commitment, providing attendees with a comprehensive understanding of current corporate tax regulations and best practices.

Experts from the FTA delved into the general principles of corporate taxation in the UAE, outlining the requirements and obligations applicable to corporations and businesses.

Recognising the unique considerations for businesses operating in free zones, the forum provided detailed insights into the Free Zone Corporate Tax regime.

Furthermore, attendees gained valuable guidance on the documentation and processes required for corporate tax registration and the various support mechanisms the FTA provides to ensure a seamless registration through the EmaraTax digital platform.

Beyond technical expertise, the FTA emphasised the importance of ethical conduct and professional standards.

The forum underscored the benefits of tax agent certification, highlighting how it elevates the profession and instils trust within the business community.

By embracing ethical guidelines and best practices, tax agents contribute to a culture of transparency and accountability, ultimately strengthening the UAE's tax system.

The FTA reiterated its commitment to fostering strong partnerships with tax agents, recognising them as key allies in building a more compliant and efficient tax environment.

The forum concluded with an interactive Q&A session, providing a valuable platform for tax agents to engage directly with FTA officials, address their concerns, and share experiences.

This commitment to open communication underscores the FTA's dedication to working collaboratively with tax professionals to navigate the evolving landscape of corporate taxation.

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