Accounting Firm in Dubai

FATCA and CRS Compliance

FATCA and CRS Compliance in UAE

FATCA / CRS  Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standards (CRS) which have been implemented globally, we provide  services our clients with the following services to assist them in their compliance.

The CRS was developed at the request of the G20 by the Organization for Economic Co-operation and Development (“OECD”) during the Global Forum in Berlin and entered into force in October 2014.

In April 2017, the UAE ratified the Unilateral Declaration, the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information, and the Convention on Mutual Administrative Assistance in Tax Matters.

What are the risks related to FATCA & CRS Services in the UAE?

Navigating the intricacies of FATCA and CRS services in the UAE requires thoughtful consideration and expert guidance. By engaging in meticulous planning and seeking professional advice, you can effectively minimize the associated risks. Managing tax legislations and procedures becomes seamless with the support of experienced consultants, ensuring strict adherence to regulations and mitigating potential risks.

For a consultation with experts, reach out to MARKEF Consulting at or call +971 4 589 2828 today.