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7/25/24, 9:42 AM Al Ansari Exchange launches Corporate Tax Collection Service at all branches in UAE | mea-finance.com
Al Ansari Exchange launches Corporate

Tax Collection Service at all branches in

UAE

By MEA Finance - July 24, 2024

Al Ansari Exchange a subsidiary of Al Ansari Financial
Services PJSC, 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

Ali Al Najjar, Chief Operating Officer, Al Ansari commencement of Federal Corporate Tax collection
Exchange 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.

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