TAX Agent in the UAE: A registered person with the FTA is a tax agent. A taxable person can appoint a Tax agent to represent him before the FTA and assist him in meeting his tax obligations and exercising his tax rights. Does a tax agent helps taxable persons meet their tax obligations and save the time and effort required in compliance? The answer is YES.
What are the Duties of a Tax Agent?
The Duties of a Tax Agent in the UAE are given below:
- Assist taxable persons with their tax obligations in accordance with the agreement reached between the taxable person and the tax agent.
- Maintain the confidentiality of any information obtained in the course of performing your duties as a tax agent.
- Refuse to participate in any work or project that would result in any violation of any law by any person or that would threaten the integrity of the tax system.
- If and when requested by the FTA, provide all information, documents, records, and data required about the taxable person it represents.
The conditions to register as a Tax Agent in UAE are :
A person who wants to be registered as a tax agent must fulfill the following conditions:
- Be of good character and conduct and have never been guilty of any crime or misdemeanor which is against honor or honesty.
- Must have an accredited bachelor’s or master’s degree in taxation, accounting, or law from an accredited educational institution. If the applicant holds a bachelor’s degree in any other field, he/she must submit a tax certification from an internationally recognized tax institute.
- Must possess certification in tax, qualified accounting, or law with at least 3 years of relevant and recent experience
- – Provide a certificate proving their oral and written communication in both Arabic and English.
What are the eligibility criteria and requirements to become a tax agent in the UAE?
The need for tax consultants has increased with the introduction of a new tax regime under the Federal Tax Authority (FTA) in Dubai. Tax agents are appointed in accordance with the rules set forth in Article 1, Chapter 1 of Federal Law No. 7, 2017. According to this chapter, agents will have to follow new eligibility criteria to act as tax consultants for businesses and professionals.
FTA approval regarding tax agents in Dubai is a boon for business owners and working professionals. It has become easier to collect taxes and enjoy the benefits created by the government for the public.
Criteria to become a Tax agent in the UAE
FTA has written a book of standards for professionals wishing to become tax agents in Dubai. These requirements are set at a high level so that tax-related transactions can be completed accurately and service seekers can enjoy peace of mind.
As indicated in Article 14, Part II, Chapter 3, the requirements for an individual to become a registered tax consultant in Dubai are listed below.
- Tax officials must have at least 3 years of experience in that particular field of accounting, taxation, or law to file for registration.
- This person should know how to communicate in English and Arabic.
- The individual must have a bachelor’s or master’s degree in taxation, law, or accounting. The certification should be from a recognized body recognized by the authority.
- FTA will conduct continuous tests to determine whether applicants have adequate knowledge of accounting, taxation, and law.
- Physical fitness is also a criterion for those willing to apply for the registration process.
- The professional must have indemnity insurance to apply.
- The aspirant should not have any record of delinquency, crime, or anything on his/her record.
Candidates must meet these criteria. According to this description, anyone can apply for registration in FTA to become a tax agent. FTA thoroughly scrutinizes all the documents produced by the candidates to check for any discrepancies and ascertain their authenticity. The decision by the authority is communicated to the applicant within 15 working days. It also takes only 5 days to register as a tax agent in the FTA register.
Final Words
Becoming a tax agent in UAE will require dedication and a clean profile. The integrity of the tax agent is very important to the welfare of the company. In fact, FTA will only handle a registered tax agent who is appointed by a company or a professional to handle tax obligations.
Related Links
Exempt Supplies in the UAE | VAT on consultancy services | VAT on Free zone companies | VAT Registration in the UAE | VAT on Export from UAE to GCC Countries | Audit Services