July 17, 2024
1 min read

FTA and Dubai Chambers collaborate on tax compliance

The session also featured an interactive session to answer attendees’ questions about all tax-related transactions and procedures….reports Asian Lite News

Dubai Chambers has hosted the “Compliance Challenges Workshop 2024” at its headquarters to enhance local business community awareness about the UAE tax system.

Organised by the Federal Tax Authority (FTA) in cooperation with Dubai Chambers, the workshop attracted 130 participants and provided an overview of the key taxes that apply to businesses operating in the UAE, including Excise Tax and VAT, as well as the processes for submitting tax returns.

The session also examined Administrative Penalty Waivers and Instalment Plan Requests, in addition to highlighting Muwafaq Package, launched by FTA to facilitate business operations and tax compliance for SMEs.

The session also featured an interactive session to answer attendees’ questions about all tax-related transactions and procedures.

Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented, “Our efforts to raise awareness on the tax system among the private sector enhance the ability of companies to meet their tax obligations, which contributes to strengthening Dubai’s favourable business environment and fosters sustainable growth.”

Zahra Al Dahmani, Director of Taxpayer Services at the FTA, said that orginising the workshop aligns with the authoprity’s strategy to create a tax environment that encourages voluntary compliance, and continuously organise awareness campaigns that reach out to all business sectors, introduce them to tax legislations and procedures, and offer clear easy-to-apply information.

ALSO READ: Indonesian Prez starts state visit to UAE today

Previous Story

Schools in Dubai pack 9,000 kits for low-income students

Next Story

MBZ welcomes Indonesia’s Jokowi

Latest from -Top News

Gazans Struggle to Revive Life

Today, Gaza’s markets seem to awaken from beneath the ruins. Partially destroyed shops opened their doors amid streets littered with debris, while merchants attempt to arrange what remains of their goods on

GAZA AID: MSF raps Israel

Doctors Without Borders (MSF) says Israel Continues to Use Aid as a Weapon of War Against Gaza Strip…reports Asian Lite News Doctors Without Borders (MSF) said that despite the ceasefire agreement, Israel

Qatar Emir Meets Trump

HH the Amir welcomed HE the US President and his accompanying delegation, expressing his pleasure at meeting the President during his stopover in Qatar…reports Asian Lite News HH the Amir Sheikh Tamim

American missionary abducted in Niger

The US Embassy in Niamey issued a security alert warning that American citizens “remain at a heightened risk of kidnapping throughout Niger, including in the capital city”…reports Asian Lite News An American
Go toTop

Don't Miss

Mohammed bin Rashid tours Syria, Paraguay Pavilions at Expo 2020

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President,

Mansour bin Zayed announces reformation of COP28 Higher Committee

H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister