His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai, informed the Federal Tax Authority of the need to expand the use of artificial intelligence technologies to enhance performance and the government work system. These directives are part of ongoing efforts to improve operational efficiency and provide innovative services that meet community needs, reflecting the leadership’s commitment to developing various sectors in the country.
Meeting of the Board of Directors of the Federal Tax Authority
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Finance, chaired the regular meeting of the Board of Directors of the Federal Tax Authority. During this meeting, His Highness reviewed the latest developments in the Authority’s plans aimed at continuing the development of its operational systems and services, focusing on expanding digital transformation and enhancing efficiency through artificial intelligence technologies.
Strategic Plans for Artificial Intelligence
One of the key points discussed was the initiation of the Authority’s strategic plan for artificial intelligence. His Highness directed the continued expansion in adopting these technologies to improve the Authority’s operations, marking an important step towards providing more effective and accessible tax services. He emphasized the importance of increasing operational efficiency through the use of artificial intelligence.
Achievements of the Authority and Its Indicators
The meeting also reviewed the Authority’s performance over the past period, focusing on high performance rates. His Highness pointed out the Authority’s role in supporting the state’s financial policies by implementing tax practices according to the highest global standards. The report showed a significant increase in the number of registered companies for corporate tax and value-added tax, reflecting the effectiveness of performance and the measures taken to facilitate the provided services.
Development of Tax Services
The report also highlighted the Authority’s achievements in reducing bureaucracy, with positive results in this regard. The integrated tax system “Emirates Tax” and the procedures for electronic connectivity between various systems were discussed, facilitating voluntary tax compliance. The report noted the implementation of the electronic invoicing project, which contributes to achieving higher levels of tax compliance in secure and efficient ways, significantly enhancing the experience for taxpayers.
Under the new directives from His Highness Sheikh Maktoum, the ongoing success of the Federal Tax Authority is evident, as it continually strives to provide the best services and enhance business efficiency through the expansion of artificial intelligence technologies, thereby supporting national objectives and the country’s future vision.