The Federal Tax Authority (FTA) has launched the second section of its marketing campaign to lift enterprise consciousness of company tax, and supply help to those that have to pay.
Running till the tip of the 12 months, it options occasions and digital, in addition to in-person, workshops throughout the UAE’s seven emirates.
The programme will deal with elevating consciousness of laws and the necessities and procedures for Corporate Tax compliance, tailor-made to the wants of every taxpayer.
In addition, the newest applied sciences shall be utilised to make sure quick access to data for taxable individuals, and to help and encourage the enterprise neighborhood to implement Corporate Tax Law effectively and precisely.
The marketing campaign goals to make sure a seamless implementation of the Corporate Tax Law which entered into impact in June and applies to monetary years that started on or after 1st June 2023.
Khalid Ali Al Bustani, FTA Director-General mentioned that the launch of the second section is a part of the built-in technique adopted by the FTA to make sure seamless and exact compliance with the UAE Corporate Tax, thought of among the many best on the earth with a fundamental price of 9 per cent and a zero per cent price on taxable income as much as AED 375,000, to help and encourage startups and small companies.
Al Bustani emphasised the primary section, launched final 12 months, had yielded optimistic outcomes, bettering the direct connection and engagement between the FTA and taxpayers.
