Thursday 12, October 2017 by Jessica Combes

Federal Tax Authority to join eDirham system

 

The Federal Tax Authority (FTA) has joined the e-Dirham system, which is a fully integrated electronic payment and revenue collection developed in partnership with First Abu Dhabi Bank. 

The agreement signed with the UAE Ministry of Finance (MoF) further strengthens the reach of the country’s official smart payment system. 

The document was signed by HE Saeed Rashid Al Yateem, Assistant Undersecretary for Resources and Budget Sector at the MoF; and HE Khalid Ali Al Bustani, Director General of the FTA, during the ongoing GITEX Technology Week at the Dubai World Trade Centre. 

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

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. It is a move that is 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,” said Al Bustani.

 

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