EMARATAX has been launched by the Federal Tax Authority

emaratax-has-been-launched-by-the-federal-tax-authority

EMARATAX has been launched by the Federal Tax Authority. A new integrated Tax platform that aims to simplify the user experience and access all the services online.

On 05 December 2022, the Federal Tax Authority (FTA) launched EmaraTax, an unified communication and entirely created digital platform for managing taxes in UAE. The switch from the old system to the new infrastructure was smooth, and all current users’ information was successfully transferred to EmaraTax, allowing them to comfortably utilize the advanced interactive platform without having any impact on any of the authority’s customers operations.

FTA Director-General Khalid Ali Al Bustani said, “The launch of EmaraTax is a significant step forward and also a milestone in the FTA’s ambitious plans to become a leading digital authority in the tax sector, marking a notable leap forward towards advancing the UAE’s tax system.”

Let’s examine some of the main characteristics of the Emara Tax.

  • Increased compliance is assured

    EmaraTax will give a comprehensive overview, guarantee smooth interaction with all stakeholders, optimize administrative services, connect to numerous key taxpayer services, and lead to more effective processes and a higher taxpayer experience. As a result, FTA will be able to increase compliance and reduce risks.

  • Submitting a VAT return

    The ability to obtain an excel version of the VAT return and submit it to the website using the new functionality reduces the possibility of network issues while manually entering the data online.

  • Access and track your whole activity history

    The new portal enables you to follow the status of all your filed applications to the FTA and allows you to examine all of your correspondence with the FTA in one location.

  • Deregistration Process Streamlined

    VAT De-registration will be automatically granted upon filing of the last VAT return with the FTA-approved deregistration commencement, providing there is no outstanding taxpayer due.

  • Additional security measures

    Taxpayers may now log in to the new Emaratax platform using their registered email address or an Emirates ID that is connected to a UAE pass. Additionally, it permits two-factor verification when logging into the account.

  • Reactivation of TRN

    It is now possible for the individual who deregistered when their taxable supplies fell below the obligatory or voluntary level to reactivate their TRN through the action menu.

Emaratax: The gateway to the future of tax administration

EmaraTax would improve the UAE’s capacity to manage taxes by facilitating better, quicker choices and early engagement with taxpayers. EmaraTax collaborates with significant national technology-based initiatives like UAE PASS and prominent government bodies like the UAE Central Bank as part of its attempts to simplify the user engagement. Additionally, this fits in with the UAE’s national digital strategy, which aims to take advantage of emerging technology and create a strong digital infrastructure for both individuals and companies.

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