The United Arab Emirates (UAE) is rapidly advancing its tax infrastructure to support national development and ensure compliance with international best practices. In the first quarter of 2025, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Federal Tax Authority (FTA), chaired a key board meeting at the FTA headquarters in Dubai.
✅ Key Tax Achievements – Q1 2025:
- Corporate Tax registrations reached 537,340
- Value Added Tax (VAT) registrations totalled 510,940
- Excise Tax registrations recorded 1,756
- Registered Tax Agents: 676
- Housing VAT Refunds: AED 148 million issued to 1,656 UAE Nationals
These figures reflect the UAE’s ongoing commitment to building a robust and transparent tax system, increasing taxpayer coverage, and enhancing the quality of Corporate Tax services.
🌐 Corporate Tax System Now Fully Live
The FTA has officially launched all core services related to Corporate Tax in the UAE, including:
- Corporate Tax registration
- Corporate Tax return filing and payment
- Voluntary disclosure and tax refund applications
- Integrated support through EmaraTax digital platform
To learn more or register your business, visit: Forever Rich Accounting & Tax Services
🔍 Focus Areas for Future Growth
Sheikh Maktoum emphasized the UAE’s strategic goal to establish a sustainable and digitally enabled tax framework. Key priorities include:
- Continuous improvements in tax technology, legislation, and infrastructure
- Delivery of efficient, world-class taxpayer services
- Promoting voluntary tax compliance
- Digital transformation via the EmaraTax portal
- Aligning UAE tax policies with global standards to support a transparent and business-friendly environment
💼 Need Expert Support with UAE Corporate Tax?
Whether you are a startup, SME, or large enterprise, understanding the new Corporate Tax law in the UAE is critical to staying compliant and avoiding penalties.
At Forever Rich Accounting & Tax Services, we specialize in:
- Corporate Tax Registration & Filing
- VAT & Excise Tax Advisory
- Tax Planning & Compliance
- Tax Agent Representation with the FTA
- Penalty Waiver Consultation
📞 Contact us today for a FREE consultation and ensure your business is 100% compliant with the latest UAE Corporate Tax regulations.
