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28 March 2024

Federal Tax Authority joins e-Dirham system

Published
By Wam

The Federal Tax Authority, FTA, has joined the e-Dirham system - a fully integrated electronic payment and revenue collection developed in partnership with First Abu Dhabi Bank- in a move that further strengthens the reach of the country’s official smart payment system.

A document toward this effect has been signed on the sidelines of the now-running GITEX Technology Week 2017 by Saeed Rashid Al Yateem, Assistant Under-Secretary for Resources and Budget Sector at the Ministry of Finance, MoF, and Khalid Ali Al Bustani, Director General of FTA.

"The MoF is committed to continuously enhance the e-Dirham system by further investing in latest smart technologies, in order to be aligned with the international standards," Al Yateem, said.

"The Ministry also aims to strengthen its connectivity with other financial systems that are being used across the country. Keeping up with the latest global developments, we believe that offering effective digital solutions and services is a vital step towards achieving a knowledge-based and digital economy."

"With the thrust to further develop a convenient and safe system for electronic payment and collection across the UAE, the MoF is continuously working with its strategic partners in enhancing the e-Dirham infrastructure and in promoting its use for financial transactions," Al Yateem added.

"Collaborating with the MoF for the e-Dirham is a significant part of our efforts to upgrade the services that FTA offers," Al Bustani said. "It is a move that comes in line with the FTA’s aim to adopt an integrated e-service that will allow us to streamline the processes involved in the tax system. From the registration, submission of tax statements, up to the payment of fees, the FTA strives to offer the highest quality of service to its clients."

"Joining e-Dirham suitably fits our vision to provide smart services that are patterned after the best global practices. Aside from reducing the time and effort necessary for each transaction, innovative systems also help us enhance accuracy and efficiency. Excellent customer service is our top priority at the FTA," Al Bustani concluded.