Zyla Accountants is now officially an FTA Tax Agency!
We are delighted to announce Zyla's CEO Suzy Kerton has become an UAE FTA Tax Agent after passing her exams at PwC's Academy Middle East. Zyla Accountants DXB is now officially an FTA Tax Agency!
Registered tax agents in the UAE
As per Federal Law No (7) of 2017 on Tax Procedures, taxable persons may appoint tax agents in the UAE to represent them before the FTA. This is in connection with the person’s tax affairs and taxable obligations. The Tax Procedures Law defines a tax agent as
“Any person registered with the Authority in the Register, who is appointed on behalf of another person to represent him before the Authority and assist him in the fulfilment of his tax obligations and the exercise of his associated tax rights.” The FTA has a list of tax agents registered with it, which will help taxpayers when hiring tax agents in the UAE.
As the competent authority for administering, collecting, and enforcing taxes in the UAE, including Value Added Tax, Excise Tax, and Corporate Tax, the Federal Tax Authority (FTA) is responsible for the collection and enforcement of these taxes. To represent themselves in front of the FTA, taxpayers must appoint registered tax agents in the UAE.
FTA-registered tax agents in the UAE must be hired by taxpayers to accurately present their tax-related matters.
UAE Tax Agents' Responsibilities
and Duties
According to Clause No 11 of Article 10 of the Executive Decision, registered tax agents have the following primary duties. According to the Act, a Tax Agent appointed by a taxable person shall perform the following duties:
Assist the person with their tax obligations according to a contractual agreement between the Person and the Tax Agent.
Without prejudice to any obligations under the Law, maintain the confidentiality of any information obtained in the course of performing his duties as a tax agent.
Refuse to participate in any work or plan which may result in a breach of any law by any person or may jeopardise the integrity of the tax system.
Zyla Accountants offer a hands-on, jargon-free and refreshingly flexible approach to accounting. Our experienced accountants deliver clear-cut support to start-ups, SMEs and social enterprises to help you focus on what you do best.
Schedule a call with us today for support with your Tax, Accounting and Bookkeeping requirements.