Federal Tax Authority launches three initiatives for UAE InnoVATes 2024

20/02/2024 General | Federal Tax Authority

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The Federal Tax Authority (FTA) is launching three key initiatives and organising a series of events as part of its activities to participate i the UAE InnoVATes 2024 month-long initiative, taking place throughout the upcoming month of February 

UAE InnoVATes is designed to enhance the country's position as a global innoVATion hub, foster the development of ideas and skills, create a widespread culture of innoVATion, celebrate innoVATors, and support the National Strategy for Advanced InnoVATion 

The three initiatives include the InnoVATion Challenge award for the FTA team; the Hackathon programme, which aims to strengthen the Authority's partnership with the community; and the initiative to expand participation in the 'TAX 10' digital innoVATion platform for FTA employees by making it available to various categories in the UAE and abroad 

The Federal Tax Authority is keen to participate in the annual UAE InnoVATes month-long initiative as part of its innoVATion strategy, which aims to achieve global leadership in tax procedures, while continuously upgrading the services that the Authority provides to taxpayers, and creating an institutional environment that encourages innoVATive ideas 

The new initiatives and events the Authority is implementing this year are designed to engage stakeholders and encourage them to come forward with proposals for innoVATive solutions to address various challenges, drive continuous development of tax procedures, and adopt innoVATive methods to drive sustainable financial diversification, in line with the rapid digital transformation the UAE is spearheading across all sectors

Khalid Ali Al Bustani 

Director General, Federal Tax Authority 

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