Federal Tax Authority reports 9% rise in registered firms in Q1
The Federal Tax Authority in the UAE announced a 9% growth in the number of registered companies for corporate tax during the first quarter of 2026, with a total recovery of 3.72 billion dirhams for housing units built for citizens. It also launched new digital services to refund VAT to tourists, and focused on developing streamlined compliance procedures and improving tax awareness among institutions, to accelerate refund processes and enhance the efficiency of the tax system.
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