Federal Tax Authority reports growing demand for Muwafaq Package designed to facilitate doing business for SMEs

Federal Tax Authority reports growing demand for Muwafaq Package designed to facilitate doing business for SMEs

Abu Dhabi, UAE:– The Federal Tax Authority (FTA) reported a notable growth in the demand and number of registrants in Muwafaq Package, which the Authority launched in March to facilitate doing business and ensure tax compliance for the small and medium-sized enterprises (SMEs) sector, by providing them with a range of services, incentives, and privileges, accessible through the platform.

The Authority’s statements were made at the Customer Council, which the FTA convened in Abu Dhabi to discuss Muwafaq Package initiative and highlight its role in supporting and encouraging entrepreneurs to comply with tax legislation. The meeting forms part of the Customer Councils initiative, launched by the UAE Government to enhance the quality of government services by engaging customers in efforts to design innovative experiences, based on their ideas and suggestions.

Held at the Abu Dhabi Creative Hub, part of the Federal Youth Authority (FYA), the Customer Council meeting highlighted the objectives of the Customer Councils initiative and its role in providing channels for direct communication between the customers and representatives of various UAE Government entities. The Council holds periodic meetings to foster interaction between the government and its customers, facilitate the exchange of ideas, and involve customers in designing and developing government