Economy Local May 07, 2025

UAE Implements Tax Exemption Initiative

The Federal Tax Authority has begun implementing the Cabinet decision regarding the tax exemption initiative for eligible taxpayers in the UAE, aiming to ease financial burdens and promote economic growth.


UAE Implements Tax Exemption Initiative

According to the decision of the esteemed Council of Ministers, the Federal Tax Service has begun the implementation of the initiative to exempt taxpayers from taxes. The program is already launched, and citizens can take advantage of the benefits of this initiative. Within the framework of this program, citizens will have the opportunity to avoid penalties and fines when paying tax contributions.

The above decision was initiated to support citizens in the conditions of economic difficulties caused by the coronavirus pandemic. Providing such relief will help people restore their financial resources and cope with the negative consequences arising from the pandemic.

One of the important points of this decision is the provision of opportunities for citizens not only to pay taxes without the imposition of fines but also to take advantage of discounts and other forms of financial support. According to the representative of the Federal Tax Service, this initiative will contribute to strengthening economic stability in the country and will help citizens recover more quickly from the consequences of the pandemic.

In connection with this, representatives of the tax service urge everyone who needs financial support to take this chance and to take all necessary steps to participate in the program for exemption from fines and penalties when paying taxes.

**Quote:** "We believe that this program will become a landmark step in alleviating the financial burden of citizens and will contribute to stimulating economic growth in our country," said the representative of the Federal Tax Service.