Federal Tax Authority launches ‘Tax Agents Classification’ initiative

  • Date: 17-May-2023
  • Source: Emirates News Agency
  • Sector:Financial Services
  • Country:UAE
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Federal Tax Authority launches ‘Tax Agents Classification’ initiative

ABU DHABI, 17th May, 2023 (WAM) – The Federal Tax Authority (FTA) has introduced the "Tax Agents Classification" initiative, aiming to simplify tax compliance for taxpayers. The initiative provides an online procedure for taxpayers to select a specialized Tax Agent based on the sector their taxable economic activity belongs to, choosing from a list of 10 diverse sectors that reflect the real-life experiences of accredited Tax Agents registered with the Authority.

The FTA in a press release said that it has launched this initiative to enhance customer satisfaction regarding the services provided by Tax Agents. Taxpayers can access the Authorised Tax Agents Register on the FTA website, use the "Filter Agents" option to classify them based on specialization or sector, and select an agent from the relevant sector.

The FTA disclosed that 319 approved Tax Agents, accounting for over 70 percent of the total 454 agents registered with the Authority, have been classified according to their sectors as part of this initiative.

The FTA emphasised that these performance agreements represent transformative projects that propel the UAE towards a more competitive future. These projects have a significant impact across various sectors within short timeframes, paving the way for implementing new work processes within the