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UAE Corporate Tax: FTA to Launch Specialised Tax Agent Scheme
Dubai May 01, 2023:
The Federal Tax Authority (FTA) will launch four transformative projects aimed at enhancing the UAE’s competitiveness and realising its vision for the future.
The Specialised Tax Agent scheme aims to develop and facilitate the process of selecting the appropriate tax agent for taxpayers in the UAE. According to the FTA website, this is done by creating a database to classify the tax agents registered within specific fields such as contracting, medical, financial, transportation, and other sectors.
This came as Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, chaired the second meeting of the FTA Board of Directors for 2023.