The UAE Federal Tax Authority (FTA) announced the intellectual property registration of the ‘Muwafaq’ package, which has been specifically developed to support small and medium-sized enterprises (SMEs), in the country.
The ‘Muwafaq’ package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market needs.
FTA said it hoped the package will contribute to the empowerment of SMEs and enhance their tax compliance capabilities.
Khalid Ali Al Bustani, Director-General of the FTA, said the registration reinforces the Authority’s position as a leading institution in delivering innovative tax solutions.
“The ‘Muwafaq’ package offers a range of benefits, facilitation measures, and tailored educational resources designed to support and enhance the compliance of small and medium-sized enterprises in the UAE with tax regulations and procedures,” he said.
Al Bustani said this step reflects FTA’s continued commitment to innovation and development, reinforcing our efforts to enhance business efficiency, support regulatory compliance, and advance operational innovation.
The announcement of intellectual property registration under the ‘Muwafaq’ package is made as part of UAE Innovates 2025, which runs across the month of February each year.
The FTA is participating in the event with a diverse range of initiatives and events aimed at supporting the nation’s innovation journey.
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