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The United Arab Emirates has conducted twice as many inspections into tax violations in the first half of the year.
In the first six months of 2022, the UAE Federal Tax Authority (FTA) conducted 9,948 inspections, a 104% increase over the same period in 2021.
The FTA conducted inspections throughout the country in cooperation with the Ministry of Economy, the Federal Authority for Identity, Citizenship, Customs, and Port Security and various departments of Economic Development across the country.
During the on-site inspections, 1,213 violations were identified and 404 non-registration notices were issued to violators.
The UAE tax system is undergoing numerous changes aimed at increasing revenue and complying with tax laws. In January, the Emirates announced the introduction of its first-ever corporate income tax, which will take effect in 2023. The move comes as the Gulf country seeks to reduce the dependence of government revenues on oil.
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