FTA and Etihad Credit Bureau partner to enhance tax compliance in UAE

Dubai, UAE, January 11, 2024:  UAE's Federal Tax Authority (FTA) and Etihad Credit Bureau have joined forces to strengthen tax compliance in the UAE through a new membership agreement. This collaboration will leverage Etihad Credit Bureau's extensive database and expertise to enhance the accuracy and efficiency of tax audits.

The agreement grants authorized FTA personnel access to credit reports of taxpayers through Etihad Credit Bureau's secure platform. This access will facilitate and expedite tax audit procedures, ensuring the accuracy of data in tax returns. Direct digital procedures using a secure electronic link between the two entities will provide immediate and reliable updates on the credit status of taxpayers.

"This partnership sets a robust framework for bilateral cooperation, ultimately contributing to sustained high tax compliance rates in the UAE," said Khalid Ali Al Bustani, Director-General of the FTA. "By establishing this electronic link, we gain direct access to Etihad Credit Bureau's valuable services and database, allowing us to utilize credit reports for better accuracy in tax procedures."

The FTA remains committed to continuous improvement of its operational plans, striving to ensure tax compliance in accordance with the highest governance and transparency standards. This partnership with Etihad Credit Bureau marks a significant step towards achieving this goal, promising a more efficient and effective tax system in the UAE.