VAT’s UP

FTA Launches 2nd Phase of Corporate Tax Awareness Campaigns in Abu Dhabi

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Abu Dhabi February 06 2024:

Tax Authority (FTA) has launched the second phase of its comprehensive campaign to raise business sectors’ awareness of Corporate Tax and provide continuous knowledge support to taxpayers. The campaign is part of the FTA’s efforts, in collaboration with the relevant parties, to ensure a seamless implementation of the Corporate Tax Law which entered into effect in June and applies to financial years that began on or after 1 June 2023.

The FTA explained in a press release today that the new phase of the Corporate Tax awareness campaign – which runs until the end of this year – will feature a number of events and virtual as well as in-person workshops across the UAE’s seven emirates. The program will focus on raising awareness about various specific topics such as legislation and the requirements and procedures for Corporate Tax compliance and will be tailored to the needs of each of the concerned taxpayer.

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