The Federal Tax Authority (FTA) has announced the registration of intellectual property for the "Muwafaq" package, which has been specifically developed to support small and medium-sized enterprises (SMEs) in the United Arab Emirates.
Publish dateMonday 24 February 2025 - 20:43
According to Amac News; the authority emphasized that the goal of this package is to create a significant step forward in promoting innovation within the tax system and providing comprehensive solutions that align with market needs.
They hope that "Muwafaq" will empower SMEs and enhance their capabilities in tax compliance.
Commenting on the announcement, Khalid Ali Al Bustani, Director-General of the FTA, said, "This registration strengthens the authority's position as a leading institution in delivering innovative tax solutions."
The Muwafaq package offers a range of benefits, facilitation measures, and tailored educational resources designed to support and enhance the compliance of SMEs in the UAE with tax regulations and procedures."
This initiative reflects the FTA's commitment to innovation and development, improving business efficiency, supporting regulatory compliance, and advancing operational innovation.
They hope that "Muwafaq" will empower SMEs and enhance their capabilities in tax compliance.
Commenting on the announcement, Khalid Ali Al Bustani, Director-General of the FTA, said, "This registration strengthens the authority's position as a leading institution in delivering innovative tax solutions."
The Muwafaq package offers a range of benefits, facilitation measures, and tailored educational resources designed to support and enhance the compliance of SMEs in the UAE with tax regulations and procedures."
This initiative reflects the FTA's commitment to innovation and development, improving business efficiency, supporting regulatory compliance, and advancing operational innovation.
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Source : news agency wam
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