fta debuts website to help businesses navigate uae’s new tax
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

FTA debuts website to help businesses navigate UAE’s new tax

Egypt Today, egypt today

Egypt Today, egypt today FTA debuts website to help businesses navigate UAE’s new tax

FTA debuts website to help businesses navigate UAE’s new tax
Cairo - Mena

The Federal Tax Authority, FTA, has launched its website, providing businesses and consumers with a wealth of information on the upcoming introduction of excise tax and VAT in the UAE.

The FTA website includes information about the Authority, as well as the introduction of the different types of indirect taxes in the country, the legislations regulating them, and the objectives and benefits to the UAE economy.

For businesses, the website provides advice and guides to help them determine if they are eligible to register, as well as guidance on the registration process. Businesses can also use the website to learn from the tax guides posted, in addition to the opportunity to register and attend VAT and excise tax live sessions conducted by the FTA around the UAE, as well as webinars and offline training sessions.

A comprehensive FAQ section provides answers to the most common queries businesses and consumers alike may have about the introduction of taxes. The website has a dedicated section for media as well, which will serve as a repository for media releases and statements, photographs and videos, as well as serving as an access point for media queries to the FTA.

From mid-September, businesses will be able to register with the tax authority through the website, ahead of the implementation of excise tax in October 2017 and VAT in January 2018.

"Launching the Federal Tax Authority’s website is a significant and impactful step forward towards implementing an efficient and transparent tax system in the UAE," said Khalid Al Bustani, Director-General of the FTA.

According to Al Bustani the website is full of rich content that is presented in a clear, and concise way that aims to communicate with the UAE community, businesses and individuals with the aim to help website visitors understand the newly introduced tax jargons and technical language.

"We trust that it will be the go-to resource for businesses and consumers seeking information and reassurances about the new tax system. The website’s accessible design and emphasis on relevance and readability reflects the authority’s commitment to international standards and best practices as it goes about executing tax laws and procedures in the UAE," he continued.

The FTA also developed and dedicated a full-fledged careers’ portal on the website that simplifies the process of applying for a promising career path and future at the FTA for ambitious job seekers, and facilitates the recruitment process for the entity, Al Bustani added.

"Implementing taxes in the UAE serves to diversify and, as a result, strengthen our economy," the FTA Director-General explained.

"This requires that all stakeholders step up and demonstrate their readiness to effectively and efficiently adopt the new systems and procedures. The website will help them in this journey, providing them with the information they need and, very soon, with the ability to register their organisations with the Federal Tax Authority before the excise tax and VAT laws go into effect in October 2017 and January 2018 respectively," he concluded.

Source: WAM

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

fta debuts website to help businesses navigate uae’s new tax fta debuts website to help businesses navigate uae’s new tax



GMT 09:51 2016 Tuesday ,29 March

Back to drawing board for new father Murray

GMT 09:17 2017 Monday ,13 February

RAK police seek help to locate missing girl

GMT 21:52 2011 Monday ,08 August

Leverkusen\'s Giefer hospitalised

GMT 23:05 2017 Wednesday ,25 January

Millions travel for China’s Lunar New Year festival

GMT 23:06 2017 Tuesday ,24 January

Pakistan military tests nuclear-capable missile

GMT 11:34 2017 Tuesday ,14 February

Artist makes NY fashion week debut on a bus

GMT 14:35 2018 Monday ,22 January

Azza Fahmy Jewellery announces UK store launch

GMT 07:41 2014 Wednesday ,19 March

Nail brand The Lacquer Lab launches

GMT 15:19 2011 Tuesday ,02 August

Orwellian Barton forced to train alone by Newcastle

GMT 12:25 2016 Wednesday ,14 December

Evaluation of Participating Companies Goes in Full Swing

GMT 13:37 2017 Monday ,25 December

Abducted Yemenis kept in chains in Houthi jails

GMT 20:05 2011 Wednesday ,20 July

Maid repatriated after 3-year ordeal

GMT 01:09 2012 Wednesday ,15 February

Elegant Patch Sofa

GMT 09:45 2016 Friday ,25 November

In French missionary retirement home

GMT 06:06 2011 Monday ,12 December

Homemade Pet treats maker

GMT 04:41 2017 Monday ,09 January

Emirates Youth Council holds first meeting of 2017

GMT 08:09 2014 Thursday ,05 June

Opel outlines growth plan until 2022

GMT 11:27 2017 Thursday ,21 December

Dollar exchange stable at Egypt's major banks

GMT 08:48 2017 Sunday ,29 October

Spain seizes control of 'independent' Catalonia

GMT 17:27 2017 Monday ,13 November

EU's Mogherini urges 'no external interference'

GMT 07:29 2017 Tuesday ,19 December

Helmy el-Namnam hails Sharjah Ruler's support

GMT 13:49 2017 Wednesday ,29 November

ARIES (March21st-April20th)
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday