Federal Tax Authority

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Federal Tax Authority recognised with Innovative Government Entity Certification

News Desk 1 05/02/2025 0

For the second consecutive year, the Federal Tax Authority (FTA) has been awarded the Innovative Government Entity certification, advanced level – as part of UAE Innovation Month, also known as UAE Innovates 2025. Based on the GInI (Global Innovation Institute) evaluation, this certification

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Federal Tax Authority calls on registrants to benefit from the grace period to update their tax records

News Desk 1 04/02/2025 0

The Federal Tax Authority (FTA) has called on registrants who have yet to update their tax records to take advantage of the UAE Cabinet’s decision to grant a grace period, relieving them from administrative penalties. The government’s decision has been attributed to the leadership’s desire to help reduce the tax burden on the business sector, […]

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Federal Tax Authority applies VAT refund of AED 2.9 billion for 35,000 UAE Nationals

News Desk 1 27/01/2025 0

The Federal Tax Authority (FTA) has confirmed that its digital VAT refund systems, including the VAT-refund system for UAE nationals for the construction of new residences and the VAT-refund system for tourists, achieved outstanding results in 2024 due to a continuous development of digitalisation plans, implemented by the FTA over the calendar year. The FTA […]

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Federal Tax Authority and ADGM Academy Strengthen Collaboration

News Desk 1 17/01/2025 0

The Federal Tax Authority (FTA) and) ADGM Academy have strengthened their strategic partnership to share expertise, stay at the forefront of developments in areas of mutual interest, and deliver specialised tax education to recent UAE national graduates. The partnership will also create practical training and employment opportunities for high-performing graduates,

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Federal Tax Authority seizes 7.26 million non-compliant tobacco products and Excise Goods

News Desk 1 14/08/2024

The Federal Tax Authority (FTA) has intensified its oversight activities across local markets, in collaboration with relevant entities, in an effort to combat tax evasion, protect consumer rights, and ensure compliance with tax legislation and procedures. The Authority issued a press statement revealing that it carried out 40,580 field inspection visits through 109

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Federal Tax Authority Urges Resident Juridical Persons with Licences Issued in May to Register

News Desk 2 02/07/2024

The Federal Tax Authority (FTA) has urged Resident Juridical Persons with Licences issued in May (regardless of the year of issuance) to submit their Corporate Tax registration applications by 31 July 2024. This aligns with the timelines specified in Federal Tax Authority Decision No. 3 of 2024 on the Timeline specified for Registration of Taxable […]

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Ajman Department of Finance and Federal Tax Authority Discuss Strategic Partnership During Meeting

News Desk 2 12/06/2024

The Ajman Department of Finance (DOF) recently hosted a delegation from the Federal Tax Authority (FTA) as part of their ongoing bilateral cooperation and coordination efforts. During the meeting, they discussed ways to strengthen their strategic partnership in various sectors including the application of corporate tax and value-added tax, as well as the latest

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Director General of Federal Tax Authority Emphasizes Mandatory Corporate Tax Registration

News Desk 2 31/05/2024

His Excellency Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), affirmed that the FTA has set specific timeframes for submitting Corporate Tax 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 […]

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Al Dhaheri Jones & Clark (ADJC) Foresees Surge in Accounting and Bookkeeping Demand

News Desk 1 29/03/2024

Al Dhaheri Jones & Clark (ADJC), a leading consultancy firm based in Dubai, said that the introduction of corporate tax marks a significant milestone in the UAE’s economic development journey and signals a fundamental shift in the business landscape. The Federal Tax Authority (FTA) started the application of corporate tax, setting the stage for businesses […]