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FTA in deal with MoF to join e-Dirham system

The Gulf Today | October 12, 2017
 The Islamic Chamber of Commerce , Industry and Agriculture (ICCIA)

In a signing ceremony with the UAE Ministry of Finance (MoF), the Federal Tax Authority (FTA) joined the e-Dirham system, which is a fully integrated electronic payment and revenue collection developed in partnership with First Abu Dhabi Bank. This further strengthens the reach of the country’s official smart payment system.

The document was signed by Saeed Rashid Al Yateem, Assistant Undersecretary for Resources and Budget Sector at the MoF; and Khalid Ali Al Bustani, Director General of the FTA in Dubai on Wednesday.

Saeed Rashid Al Yateem, Assistant Undersecretary for Resources and Budget Sector at the MoF, said: “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.”

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

Khalid Ali Al Bustani, Director General of the FTA, said: “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.”

“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.