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March 2024 - CPA Auditing

Month: March 2024

Sharjah Businesses Gain Insights at FTA Tax Workshop

Sharjah’s Business Community Embraces Corporate Tax Awareness with FTA Workshop In an effort to foster tax compliance and education, the Federal Tax Authority (FTA) held a pivotal Corporate Tax awareness workshop expressly for Sharjah’s business community. This initiative underscores the FTA’s drive to ensure that businesses across the emirate are well-prepared to meet their tax […]

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FTA Celebrates Strategic Partnerships at Premier Forum

FTA Celebrates Strategic Partnerships at Premier Forum On December 18, 2023, the Federal Tax Authority (FTA) hosted a landmark forum in Dubai to recognize and honor its strategic partners across various sectors. This event underscored the collective efforts and unwavering support that have significantly contributed to the FTA’s mission and the realization of the UAE’s […]

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Comprehensive Guide Released by FTA for Individual Corporate Tax Compliance

Comprehensive Guide Released by FTA for Individual Corporate Tax Compliance Abu Dhabi has seen the Federal Tax Authority (FTA) launch an informative new guide designed to assist individuals in understanding and complying with the UAE’s Corporate Tax Law, which became effective on June 1, 2023. Understanding Your Corporate Tax Obligations The FTA’s latest guide offers […]

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UAE Tech Startups: Innovating in the Heart of the Desert

Nurturing Innovation: How the UAE’s Tech Startups are Shaping the Future In the dynamic landscape of the United Arab Emirates, a new era of innovation is dawning. The nation, known for its towering skyscrapers and luxurious lifestyle, is now becoming a cradle for tech startups. These burgeoning businesses are not just fueling economic growth; they’re […]

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FTA Unveils Service Upgrades Under UAE Government 2.0

FTA Advances Public Services with Innovative Upgrades to Align with UAE’s Government Vision The Federal Tax Authority (FTA) has taken a significant leap forward in customer service by enhancing three essential services, showcasing its alignment with the UAE’s forward-thinking ‘Government Services 2.0’ framework. This strategic update is part of the ongoing commitment to the Government […]

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UAE’s Path to Sustainability: Pioneering a Greener Future

Embracing Innovation: The UAE’s Leap Towards a Sustainable Future In a world where sustainability is no longer a choice but a necessity, the United Arab Emirates (UAE) stands as a beacon of innovation and environmental stewardship. The nation’s recent initiatives have positioned it at the forefront of sustainable development, showcasing a commitment to a greener, […]

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FTA Opens 23 Service Centres for Corporate Tax Registration

Expanding Access: FTA’s New Registration Centers for Corporate Tax Payers The Federal Tax Authority (FTA) is broadening its horizons by opening 23 new Government Service Centers across the UAE. These centers are designed to assist taxpayers with Corporate Tax registration, marking a significant step towards facilitating compliance procedures and expanding service delivery. Streamlined Tax Registration […]

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FTA’s E-Commerce Tax Regulations for UAE Online Businesses

The Impact of UAE’s E-Commerce Tax Regulations on Online Businesses The Federal Tax Authority’s (FTA) latest e-commerce tax regulations are set to reshape the online marketplace in the UAE. As the country experiences a surge in digital transactions, these regulations aim to establish a fair and transparent tax environment for both established e-commerce giants and […]

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FTA Launches Tax Tracker to Simplify UAE Business Taxes

FTA’s Innovative Tax Compliance Tracker: Elevating UAE’s Tax System The Federal Tax Authority (FTA) has introduced an innovative tax compliance tracker, a state-of-the-art tool designed to revolutionize how businesses in the UAE monitor their tax filings and payments. This initiative is set to enhance transparency and efficiency within the nation’s tax system. Harnessing Technology for […]

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Advancing Financial Literacy: FTA’s Role in Tax Education

Advancing Financial Literacy: FTA’s Role in Empowering UAE Taxpayers The Federal Tax Authority (FTA) is taking significant steps to enhance financial literacy among taxpayers in the UAE. Recognizing the importance of informed financial decisions, the FTA has embarked on an ambitious campaign to educate individuals and businesses about tax obligations and financial management. Cultivating a […]

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FTA Champions Sustainability with New Tax Initiatives

FTA’s Strategic Move Towards Environmental Taxation: Incentivizing a Greener UAE The Federal Tax Authority (FTA) has recently taken a bold step in aligning the UAE’s taxation policies with its sustainability goals. The introduction of environmental taxes is set to not only modify corporate behavior but also empower citizens to contribute to a greener future. Embracing […]

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FTA’s Guide on Corporate Tax for Individuals in the UAE

Navigating Corporate Tax: FTA’s New Guide for Individual Compliance The Federal Tax Authority (FTA) has released a detailed guide to assist individuals in understanding their obligations under the UAE’s Corporate Tax Law. Understanding Corporate Tax for Individuals The FTA’s latest guide is a valuable resource for individuals earning income in the UAE. It offers a […]

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FTA Engages 13,000+ in Corporate Tax Awareness Workshops

FTA’s Corporate Tax Workshops Draw Unprecedented Engagement The Federal Tax Authority (FTA) has made a significant impact with its Corporate Tax awareness campaign, successfully concluding the first phase with remarkable participation from the business community and stakeholders. A Campaign of Knowledge and Support The FTA’s initiative to educate and support taxpayers on the new Corporate […]

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FTA’s VAT Refund Program for UAE Nationals Exceeds AED 2 Billion

FTA’s VAT Refund Initiative for New Homeowners Surpasses AED 2 Billion Milestone The Federal Tax Authority (FTA) has achieved a remarkable milestone in its VAT refund program for UAE nationals who are building new homes. With a commitment to supporting citizens in their homeownership journey, the FTA has approved an impressive number of refund requests […]

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FTA’s Hackathon Drives Innovation in Tax Services Across the UAE

Innovating Tax Solutions: FTA’s Hackathon Sparks Technological Revolution in Tax Services In a groundbreaking event that aligns with UAE Innovation Month, the Federal Tax Authority (FTA) hosted a dynamic Hackathon at the Dubai Youth Hub, located within the iconic Emirates Towers. This event, a collaboration with SAP, a leader in technology and applications, brought together […]

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FTA and Etihad Credit Bureau Partner to Boost Tax Compliance

FTA Joins Forces with Etihad Credit Bureau to Elevate Tax Compliance Standards In a strategic move to enhance tax compliance across the UAE, the Federal Tax Authority (FTA) has forged a new partnership with Etihad Credit Bureau, the national entity responsible for consolidating credit data. This collaboration is set to revolutionize the way tax compliance […]

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FTA Achieves Emiratisation Milestone with Strategic Hiring

FTA Achieves Remarkable Emiratisation Milestone with Strategic Hiring   The Federal Tax Authority (FTA) has proudly surpassed its Emiratisation goals, welcoming 134 UAE nationals into its diverse team. This achievement not only reflects the FTA’s commitment to fostering local talent but also its dedication to sustainable organizational growth.   Exceeding Emiratisation Targets   In a […]

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FTA Unveils Trio of Initiatives for UAE Innovates 2024

FTA Unveils Trio of Initiatives for UAE Innovates 2024 The Federal Tax Authority (FTA) is proud to announce a suite of three innovative initiatives as part of its commitment to the UAE Innovates 2024 event, a month-long celebration of innovation set to take place this February. These initiatives underscore the FTA’s dedication to fostering an […]

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FTA Launches Phase Two of Tax Workshop in Abu Dhabi

FTA Initiates Phase Two of Corporate Tax Enlightenment with SME Workshop in Abu Dhabi As part of its ongoing mission to educate and support businesses in tax matters, the Federal Tax Authority (FTA) has unveiled the second stage of its Corporate Tax awareness drive, featuring a series of workshops dedicated to small and medium-sized enterprises […]

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FTA Invites Pioneering Minds to Tax Sector Hackathon

FTA Invites Pioneering Minds to Tax Sector Hackathon   UAE Innovates 2024: A Catalyst for Creativity in Taxation   In alignment with ‘UAE Innovates 2024’, a month-long celebration of creativity, the Federal Tax Authority (FTA) has officially started accepting entries for its innovative Hackathon. This event is part of the FTA’s commitment to fostering a […]

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