Saturday, Aug 26, 2017
Dubai: The Federal Tax Authority (FTA) on Saturday launched a website aimed at keeping businesses and consumers informed of the latest developments relating to the upcoming introduction of excise tax and value-added tax (VAT) in the UAE.
The FTA website, www.tax.gov.ae, includes information pages about the Authority itself, as well as information on 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 register for VAT and excise tax sessions conducted by the FTA around the UAE, as well as webinars and offline training sessions.
The website also includes a Frequently Asked Questions (FAQ) section with answers to the most common tax queries for businesses and consumers.
From mid-September, businesses will be able to register with the tax authority through the website ahead of the implementation of an 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 Ali Al Bustani, Director General of the FTA.
“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. As it helps website visitors to understand the newly introduced tax jargons and technical language. We trust 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.
“On the other hand, the authority 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.
“Implementing taxes in the UAE serves to diversify and, as a result, strengthen our economy,” Al Bustani 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.”
Staff Report
Gulf News 2017. All rights reserved.
