Federal Tax Authority Becomes World’s First Government Tax Authority To Achieve Corporate Ethical Procurement And Supply Certificate

Press release
Published June 22nd, 2023 - 05:57 GMT

Federal Tax Authority Becomes World’s First Government Tax Authority To Achieve Corporate Ethical Procurement And Supply Certificate
During the event

The Federal Tax Authority (FTA) has become the world’s first government tax authority to receive the Corporate Ethical Procurement and Supply Certificate – a new international accreditation for the Authority, underlining its commitment to best practices and efficiency standards in its procurement and supply systems.

His Excellency Khalid Ali Al Bustani, Director General of the FTA, received the certificate from Sam Achampong Regional Head of the Middle East & North Africa (MENA) in a ceremony held at the Museum of Union in Dubai, and attended by FTA officials and representatives of the Chartered Institute of Procurement and Supply.

The Institute issued a statement on this occasion confirming that: “The Federal Tax Authority is the first government tax agency in the world to obtain the Corporate Ethical Certificate in Procurement and Supply since the establishment of the Chartered Institute of Procurement and Supply about 90 years ago. Given the importance of this achievement, the Authority was added to the corporate ethical register that follow the best professional standards in procurement and supply.”

Moreover, the FTA has made it onto the final shortlist for the CIPS Conference & Excellence in Procurement Awards Mena 2023 under the “Best Leader of 2023 “category as 1st Federal Tax Authority reaches to the finalist, and Mr. Sulaiman Abdulla - The Director of Administrative Affairs Department been recognized with this achievement.

Upon receiving the certificate, H.E. Al Bustani said: “This new international accreditation boosts confidence in the Federal Tax Authority’s systems and services in general, which we continuously develop and upgrade in a bid to raise their efficiency, improve performance, and upgrade the Authority’s systems, services, and outputs across all functions, including procurement and services. We implement the ‘Comprehensive Quality’ approach to complete operations, document transactions, and establish an integrated system.”

“Since its inception, the Authority has been committed to establishing an advanced digital organisational structure in accordance with the best international standards, which would enable it to carry out all operations using a fully electronic tax system,” H.E. asserted. “This new achievement is a continuation of the comprehensive quality system the FTA strives to create. The Authority has obtained a series of ISO certificates in recognition of its adherence to international standards in its information technology services and its information security management system.”

“This new accomplishment contributes to the success of the Federal Tax Authority’s development plans, which are rooted in the principles of the ‘We the UAE 2031’ vision,” H.E. Al Bustani added. “These principles, in turn, constitute a comprehensive and clear-cut national action plan to enhance the UAE’s position as an attractive and influential global economic hub with promising opportunities for all global partners. This certification supports the FTA’s efforts to achieve its objectives, most notably to be a world-leading institution in the field of taxation.”

The FTA Director General noted that the Authority is committed to implementing the highest professional standards in its operations, cementing its local, regional, and international position in all fields, including procurement and supply chains. The Federal Tax Authority plays an effective role in spreading awareness and promoting a professional culture in procurement operations and supply chain management, especially as the procurement and supply function plays a strategic role in its sustainability and business continuity.

Background Information

Federal Tax Authority

By virtue of this Federal Law by Decree a public federal authority shall be established under the name of the Federal Tax Authority. The headquarters of the authority shall be located in the city of Abu Dhabi. The authority shall be in charge of managing and collecting federal taxes and related fines, distributing tax-generated revenues and applying the tax-related procedures in force in the UAE.

The authority shall be managed by a board of directors chaired by the Minister of Finance and a sufficient number of members to be appointed and remunerated by a Cabinet resolution, based on the chairman’s nomination. The authority shall have an independent annual budget that shall be deemed as public funds and exempted from all taxes and fees.

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