Federal Tax Authority launches Tax Professionals Qualification Initiative to enhance efficiency of the UAE tax system
Dubai, UAE – 24 July 2024 – As part of its efforts to pursue excellence and continuously develop human capital, the Federal Tax Authority (FTA) has launched the Tax Professionals Qualification Initiative, an ambitious initiative that aims to train a new generation of qualified tax experts.
The initiative is in line with the Authority’s vision that prioritises investing in human capital and establishing a work environment that encourages lifelong learning and development.
Designed to boost the efficiency of the tax system, support the Authority’s strategy, and enable it to achieve its objectives, the Initiative is one of the FTA’s strategic projects launched to support the UAE tax sector by supplying skilled professionals, qualified to work in tax administration, and to recruit top talents from university students and graduates.
Moreover, the initiative aims to improve performance, encourage continuous learning among Tax Agents, and enhance the efficiency of tax professionals. The Authority also aspires to raise tax awareness among community members through the initiative.
His Excellency Khalid Al Bustani, Director General of the FTA, asserted that: “Launching the Tax Professionals Qualification Initiative aims to enhance the Federal Tax Authority’s pioneering role in developing talent and human resources in the UAE, training them to efficiently and effectively manage tax systems,” H.E. Al Bustani said. “We strive to achieve these objectives by providing specialised and accredited training programmes rooted in best practices and international standards, in addition to offering advanced and continuous tax education.”
The Initiative targets several groups, including new and current employees of the Federal Tax Authority, university students and graduates from government universities, and tax specialists.
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.