Thursday, 26 December 2024
Trending
BusinessDubai

The UAE Federal Tax Authority issues tax certifications more quickly

  • Tax certificate issuance is one of three enhanced services provided by the FTA of the UAE.
  • Five papers and nine fields are required for the tax certificate issuance.
  • Time required for service delivery from 2 days to 5 minutes and for service application from 5 to 2 minutes.

Tax certificate issuance is one of three enhanced services provided by the Federal Tax Authority (FTA) of the United Arab Emirates.There are now only five papers and nine fields required for the tax certificate issuance service instead of twelve.

Refinement of the FTA website’s search function, electronic linking automation of data verification, multiple certificate copies, and integration with the UAE Pass are some of the initiatives taken to improve the services.

Tax certificate issuance

Additionally supplied is the digital certificate’s electronic seal for certification. To streamline operations and improve integration with other systems and institutions, the FTA has improved the tax residence certificate issuance process.

To enhance client experiences and give partners access to information via electronic systems, the excise goods registration inquiry response service has been upgraded.

There has been a reduction in the time required for service delivery from two days to five minutes and in the time required for service application from five minutes to two minutes.

Improvements have also been made to the tax refunds for UAE nationals constructing new homes; processing times have been lowered from 25 to 20 minutes, and there are now only five steps instead of six.

Related posts
Business

Samsung Reshuffles Leadership to Boost AI Chip Competitiveness

Jun Young-hyun appointed co-CEO, heads memory chip business. Han Jin-man takes charge of the…
Read more
Business

DOJ’s Push to Force Google to Sell Chrome Doesn’t Shake Investor Confidence in Alphabet Stock

The DOJ seeks to force Google to sell its Chrome browser to weaken its dominance in search…
Read more
BusinessEconomy

French Farmers Mobilize Nationwide to Oppose EU-Mercosur Trade Deal

Farmers fear cheaper imports from South America could harm local agriculture. Poor harvests and…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

EntertainmentMoviesTrending

After Salaar Prabhas Successfully to Release Kalki 2898 AD

Worth reading...