The Federal Tax Authority, FTA, has announced that it will open online registration for excise tax for businesses on Sunday, September 17, providing an integrated system to serve the business sectors as per the highest international standards, according to WAM.
“This marks a major step underlining the UAE’s leading position in the application of a world-class tax system,” it said in a statement. The 24/7 registration will be via FTA's website, which provides businesses and consumers with a wealth of information on the upcoming introduction of excise tax, due on October 1.
The FTA website, www.tax.gov.ae, includes information about the authority itself, as well as an introduction to the different types of indirect taxes in the country, the legislation regulating them, and the objectives and benefits to the UAE economy.