PwC Middle East registered as a Tax Agency with UAE Federal Tax Authority

Press release

Published May 6th, 2018 - 07:12 GMT

Jeanine Daou, PwC Middle East Indirect Tax Leader

The Federal Tax Authority, FTA, has approved PwC as registered tax agent, after meeting the required standards, conditions and qualifications, in addition to passing the Authority's tests.

“This is great news for PwC and our clients. As a key player in the market, being approved by FTA is a great honour and confirms our commitment in supporting the FTA in successfully implementing the tax system in the UAE.” Jeanine Daou, PwC Middle East Indirect Tax Leader

As a registered agent, PwC will help business/clients achieve their tax compliance, in the most effective and efficient manner while avoiding errors and highlighting risks during the filing and any other step of the VAT implementation.

Background Information

PricewaterhouseCoopers (PwC)

With offices in 158 countries and more than 250,000 people, we are among the leading professional services networks in the world. We help organisations and individuals create the value they’re looking for, by delivering quality in assurance, tax and advisory services.

Company Profile

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.