The establishment of the FTA marks an important and positive step in the development of the UAE. The Government of today has been decisive in implementing key measures which will secure long-term sustainability and prosperity for the generations of tomorrow.
The FTA supports three fundamental national priorities: a commitment to continue making the UAE affordable for citizens and residents; enhancing the UAE as an attractive destination for international businesses and investors; and delivering a tax system that is efficient, easy to understand and therefore straightforward for businesses to comply with.
The UAE is today a key player in the global economy, serving as a preferred hub for business and investments as its growth prospects remain strong. Designed in line with international best practices in public administration, the establishment of the FTA is an important step that will further support the government in building a sustainable future and securing its economic competitiveness.
Khalid Ali Al Bustani
Federal Tax Authority