‘UAE e-tax system most comprehensive’

RAS AL-KHAIMAH / WAM

The UAE’s electronic tax system is the most comprehensive in the region, said the Federal Tax Authority (FTA) at an introductory workshop it organised at the Department of Economic Development of Ras al-Khaimah.
The system facilitates the processing of taxes transparently and efficiently, boosting confidence in the tax regulations and ensuring widespread tax compliance, the FTA added.
Titled ‘Objectives and Procedures for Implementing Value Added Tax’, the workshop brought together specialists, officials and inspectors from Ras Al-Khaimah’s Department of Economic Development to set roadmaps and mechanisms to implement VAT, in addition to going over the support and services that the Authority offers to taxable persons in order to ensure a smooth roll-out of the tax system across the UAE.
During the workshop, FTA representatives offered a detailed explanation of the procedures to implement value added tax, as well as the framework for cooperation and coordination between the Authority and its strategic partners in the public and private sectors.
The representatives went on to note that the Authority has employed modern technologies to facilitate the VAT registration process, and the issuance of tax registration numbers (TRN) informing attendees that registration in the system is free and available round the clock through the FTA website’s e-Services portal.
The registration procedure is straightforward: once on the website’s eServices portal, users can simply click “Register” and then verify their logins through a verification email sent to their address.
The Authority staff conducting the workshop urged attendees to ensure the accuracy of the information provided when registering in the system or submitting tax returns, and to duly attach all the required documents.