Business Sector Shows Strong Participation in Tax Authority’s Corporate Tax Awareness Drive
The Tax Authority’s campaign to raise awareness about Corporate Tax has seen a strong turnout from the business community, with numerous stakeholders attending workshops aimed at ensuring accurate implementation of the Corporate Tax law.
Extensive Workshop Attendance
The Tax Authority’s comprehensive awareness campaign, launched in May 2023, has already witnessed the participation of over 8,270 stakeholders in 22 workshops, both in-person and virtual. The campaign, which will run until the end of the year, covers the entire UAE and seeks to familiarize businesses with the Corporate Tax law effective from June 2023.
H.E. Khalid Al Bustani on Commitment to Tax Education
H.E. Khalid Ali Al Bustani, Director General of the Tax Authority, has recognized the business sectors’ commitment to understanding and complying with the Corporate Tax law as evidenced by the high turnout at the campaign events.
A Nationwide Educational Effort
The Tax Authority’s campaign builds on previous awareness programs conducted by the UAE Ministry of Finance. It includes sessions and discussions that provide an overview of the Corporate Tax Law and its expected positive impact on the national economy and business sectors.
Empowering Taxpayers Through Education
The Tax Authority is dedicated to supporting taxpayers and facilitating voluntary self-compliance by offering clear, transparent, and accurate Corporate Tax procedures. The Authority’s efforts are aligned with the UAE Government’s approach to continuously improve services and embrace advanced technologies.
Availability of Educational Resources
The Tax Authority continues to publish educational materials and conduct workshops to ensure that all businesses and stakeholders are well-informed about the Corporate Tax system. Tax experts from the Authority review fundamental aspects of the Corporate Tax regime and answer questions from participants during these sessions.
Encouraging Early Registration
The Tax Authority encourages eligible companies to register early for Corporate Tax through the EmaraTax digital tax services platform to ensure efficient and accurate compliance.
The Tax Authority’s Corporate Tax awareness campaign, with 8,270+ stakeholders, applauds business commitment. H.E. Khalid Al Bustani emphasizes transparency and early EmaraTax registration for efficient compliance
