ABU DHABI: The Federal Tax Authority (FTA) announced that a new Decision has been issued to support businesses in efficiently meeting their tax obligations, offering a grace period for tax registrants who have fallen behind on updating their tax records for the period from January 1, 2024 until March 31, 2025. The initiative allows violators […]
The growth in tax refund requests from tourists follows a boom in the tourism sector and an upgrade to the digital tax refund system. Abu Dhabi: The Federal Tax Authority (FTA) asserted there has been considerable growth in the volume of transactions processed through the digital Value Added Tax (VAT) refund system for tourists in […]
Abu Dhabi: The Federal Tax Authority (FTA) has released a comprehensive guide detailing the application of Corporate Tax to Free Zone Persons under the Free Zone Corporate Tax regime, allowing Qualifying Free Zone Persons to benefit from a 0% Corporate Tax rate on Qualifying Income. The guide provides a guide on the Corporate Tax Law […]
Dubai: The Federal Tax Authority (FTA), in partnership with Planet Tax-Free, launched a 100 per cent digital VAT-refund scheme for tourists. The announcement was made at a joint press conference in the presence of Khalid Ali Al Bustani, FTA Director-General, and Eyad Al Kourdi, General Manager of Planet Tax-Free, the operator of the tax refund […]
