UAE sees an increase in the number of authorised tax agents

123 RF / dolgachov

The number of authorised tax agents in the UAE is on the rise, according to the Federal Tax Authority (FTA).

The government department says the number of tax agents who are officially authorised has more than doubled since last year.

In total there are currently around 370 of them in the Emirates.

The FTA says the growth in numbers provides a wider array of options for individuals and businesses who choose to deal with the authority via an agent.

They say this in turn promotes self-compliance to execute their tax obligations.

More from Business

Coming Up on Dubai Eye

  • Entertainment Extra

    1:00pm - 2:00pm

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.