Influencers Receive Tax Awareness Initiative from FTA, Unveiling Fresh Compliance Assistance Package
The Federal Tax Authority (FTA) in the United Arab Emirates recently held an awareness session for content creators and influencers, focusing on tax compliance under the UAE's corporate tax and VAT frameworks. The event, a part of the FTA's broader initiative to enhance tax knowledge across sectors, was well-attended and included a Q&A segment allowing creators to directly engage with FTA representatives.
A major highlight of the session was the launch of the Moáther Package, a tailored suite of tools and accounting software designed to help content creators manage their tax obligations easily and efficiently. The package, developed with strategic partners, is expected to boost compliance while supporting sustainable business practices within the influencer economy.
Khalid Ali Al Bustani, Director-General of the FTA, underlined the significance of these awareness efforts, emphasising the importance of a well-informed content ecosystem that aligns with the UAE's legal and fiscal frameworks. Mohammed Saeed Al Shehhi, Secretary-General of the UAE Media Council, praised the FTA's initiative, stating that it was a crucial step in this direction.
Al Shehhi further expressed his belief that the Moáther Package would contribute significantly to the compliance and sustainability of the media sector. The package is expected to provide content creators with the necessary resources to navigate the complexities of tax compliance, ensuring they remain compliant and investment-ready.
As of June 2024, there is no available information about the Moáther Package specifically. However, general information about how tax authorities in the UAE support content creators and influencers with compliance tools and software can be provided upon request. Through ongoing collaborations, the FTA and UAE Media Council aim to foster a compliant, well-informed, and investment-ready content ecosystem.
- The Moáther Package, recently launched by the Federal Tax Authority (FTA), promises to support sustainable business practices within the influencer economy by boosting compliance.
- The FTA's awareness session for content creators and influencers, part of a broader initiative, underscores their commitment to enhancing tax knowledge across sectors, promoting a compliant digital economy.
- Through the Moāther Package, content creators are expected to receive the necessary resources for tax compliance, ensuring they remain compliant and investment-ready, contributing to the growth of the media sector.
- The FTA and UAE Media Council aim to foster a compliant, well-informed, and investment-ready content ecosystem through ongoing collaborations, such as the development of tools like the Moāther Package for education and self-development.