FTA Launches Muwafaq Package to Support SMEs' Tax Compliance and Business Growth

UAE's Federal Tax Authority (FTA) has introduced the Muwafaq Package initiative to help small and medium-sized enterprises (SMEs) comply with tax regulations and develop their businesses. The program provides tailored services, incentives, and privileges, including access to tax accounting software, priority appointments with tax relationship managers, and awareness workshops for SMEs. Muwafaq Package is part of the FTA's strategy to support the Government Accelerators Project and promote entrepreneurship and innovation. The FTA aims to ensure an ideal tax environment that encourages self-compliance and adheres to high standards of governance and transparency.