Search DubaiPRNetwork.com

Dubai and UAE
Home >> Local News and Government

Al Ansari Exchange Launches Corporate Tax Collection Service at All Branches in UAE

Monday, January 20, 2025/ Editor -  

Share

Home >> Local News and Government

UAE, July 24, 2024: Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC [DFM: ALANSARI], has launched its corporate tax collection service across all its branches in the UAE. The new service is designed to provide a convenient method for businesses to meet their tax obligations while ensuring compliance with UAE regulations.


With the launch of this new service, Al Ansari Exchange solidifies its commitment to empowering businesses by providing a simple and accessible platform to process their corporate tax payments. The initiative comes in response to the commencement of Federal Corporate Tax collection mandated by the UAE government for all businesses operating within the country, with some exceptions.


Ali Al Najjar, Chief Operating Officer of Al Ansari Exchange, said: “We are pleased to launch our new corporate tax collection service, which reflects our commitment to supporting businesses. In compliance with the UAE regulations, the new service streamlines the tax payment process, offering businesses the convenience of processing their payments at any of our branches across the UAE. This new service is in line with our commitment to providing seamless financial solutions and reinforces our role as a trusted partner for businesses in the UAE.”


The UAE Corporate Tax Law, Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, was issued by the Ministry of Finance on December 9, 2022, and is applicable for accounting periods beginning on or after 1 June 2023.

-ends-


Previous in Local News and Government

Next in Local News and Government


Home >> Local News and Government Section

Latest Press Release

Brighton College Dubai Excels in TIMSS 2023, Setting New Benchmarks in Mathemati ...

‘Bil Arabi' 2024: Empowering youth and showcasing the Arabic language in the dig ...

Carluccio's Takes Burgers to Italy with the Bold Burger Italiano Menu

Phars Films presents the song launch of South Indian superstar Mohanlal's direct ...

Dubai Customs gears up to welcome over 5.2M travelers at DXB Airport this holida ...

RTA opens key 1,000-metre bridge connecting Hessa Street to Al Khail Road

Dubai Police in collaboration with Mohammed Bin Rashid Housing Establishment org ...

World's Rarest Coffees to be Auctioned for First Time at World of Coffee Dubai ...

dnata recognised as Ground Support Services Provider of the Year for 14th time a ...

Turkish Airlines Sets Guinness World Records™ title for the “Most Countries Flow ...

Hamleys unveils an enchanting Elf Christmas Market, offering families in UAE a m ...

Abu Dhabi Trading Regulatory Committee for Petroleum Products Issues First of it ...

Dubai Health Authority Promotes Quality of Life in Schools with Major Interactiv ...

MBRF signs MoU with Canadian University Dubai to promote exchange of knowledge

Dubai Culture Announces 4th Hatta Cultural Nights Programme of Cultural & Herita ...

DOSC Winter Regatta & IRC Middle East Championships Concludes with Climactic Fin ...

Diamind Presents The Ultimate Festive Gift Guide: Sparkle This Season With Lab- ...

Premier Inn Dubai Dragon Mart celebrates Fifth Anniversary

Uae racing driver sofia necchi qualifies in dubai for the innaugural formula wom ...

SHEGLAM and Lifestyle at Centrepoint Mark One Year of Partnership in the Middle ...