New York, US--Secretary-General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, has stressed the importance of strengthening ties with the United Kingdom, including the Free Trade Agreement (FTA), which is an essential element of the strategic partnership and will contribute to achieving common interests. This came during Albudaiwi’s meeting...

The FTA will begin accepting applications for refunding input tax incurred on building mosques from Nov 1.

SEOUL, SOUTH KOREA - The sixth round of revived negotiations between the Riyadh-based Gulf Cooperation Council (GCC) and the Republic of Korea to reach a free trade agreement was launched in the South Korean capital of Seoul Tuesday and lasts until October 28. The two sides expressed readiness to advance...

The Federal Tax Authority expanded its efforts in collaboration with various government departments, ministries and authorities to protect consumers from non-compliant products, combat tax evasion and ensure compliance with tax laws and procedures.

During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent, from US$885,000 in 1997 to $121.4 million in 2021.

The two sides launched their negotiations on June 6, during which they discussed many topics aimed at enhancing investments between the two sides.

The UAE has signed a Comprehensive Economic Partnership Agreement (CEPA) with Israel. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, tweeted on Tuesday that the agreement will push the value of non-oil bilateral trade beyond $10 billion within five years. The agreement “builds on the...

The Federal Tax Authority (FTA) has called on tax registrants to benefit from the Cabinet Decision to extend the grace period to benefit from the re-determination of administrative penalties on violating tax laws.

India's Minister for Commerce and Industry Piyush Goyal has said that his country's goal is to become the UAE's number one trading partner. Goyal talked with industry executives and leaders of Export Promotion Councils in Mumbai on Saturday on using available opportunities to widen their global impression by grasping business...

The procedures relate to tax registrants who apply for reconsideration of or who submit objections to the Authority’s decisions.

The new services are said to offer four different services that aim to raise the target audience’s awareness, provide them with easy access to information, and allow them to communicate directly with FTA representatives.

The two sides have not had a mutual FTA for more than 10 years now.

It confirmed as much during its first tax agent virtual session of 2021 The reforms will entail amending some provisions of Cabinet Decision No 49 of 2021 The United Arab Emirates’ The Federal Tax Authority plans to make extensive reforms to the country’s new tax code to help taxpayers, said...

The changed laws are also expected to support tax registrants and help them fulfil their tax obligations