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The UAE’s FTA unveils initiative to simplify tax compliance, enhance customer satisfaction

The UAE’s FTA unveils initiative to simplify tax compliance, enhance customer satisfaction

by Danissa Guotana | May 19, 2023 | Accounting, Audit, Business, Corporate Tax, Other Tax

The UAE’s Federal Tax Authority (FTA) has introduced the ‘Tax Agents Classification’ initiative, to simplify tax compliance for taxpayers. The initiative provides an online procedure for taxpayers to select a specialised tax agent based on the sector their taxable...
New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fines

New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fines

by Danissa Guotana | Jan 20, 2023 | Accounting, Audit, Business, CFO

Companies in UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value of Dh10,000 and above by the UAE Ministry of Foreign Affairs and International Cooperation (Mofaic). According to a tweet issued by...

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