DoF and SDGE updates GRPS for VAT
Dubai government entities get updated GRP system to handle VAT
The Dubai Government Department of Finance and Smart Dubai Government Establishment have updated the Government Resources Planning System to handle Value Added Tax (VAT).
GRPS serves more than 60 government entities with financial and resources systems.
SDGE developed a dedicated system within GRPS to implement VAT, which came into effect at the start of the year. GRPS calculates VAT on all transactions in procurement, payables, and receivables systems.
Abdulrahman Saleh Al Saleh, DoF Director General, stressed DoF's role in the federal tax programme. "This is a sustainable and advanced role that is not limited in just tax implementation and knowledge transfer to government employees. Such roles goes beyond the traditional enforcement limitations, as it involves exchanging creative ideas with the Federal Tax Authority about adopting some global experiences related to tax and government sector, and collaboration between the two. It also aims to ensure total tax compliance and sustainable financial resources, thus achieving the role of VAT both locally and federally."
"Dubai managed to provide a comprehensive program of smart work covering all government sectors in line with directives of the prudent leadership to enable innovation and utilize latest technology to improve sector performance and sustainability. The collaboration between DoF and Smart Dubai is a step towards enhancing efforts aiming to facilitate implementation of the new tax system, and it ensures a rapid response from concerned entities, by updating the existing systems and introducing smart payment and collection channels that enable tax procedures compliance across the Government of Dubai", said Her Excellency Dr. Aisha Bint Butti Bin Bishr, Director General of Smart Dubai Office.
"Providing smart and advanced platforms as per the requirements of different times reflects the commitment of Smart Dubai to translate the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, Ruler of Dubai, into reality by shaping a truly distinguished model for the world's happiest and smartest future city."
HE Wesam Lootah, CEO of Smart Dubai Establishment, stressed the importance of launching the smart GRPS platform. "This comes as part of Smart Dubai's efforts to provide needed support to different Dubai government entities in order to enhance their performance, and cement Dubai's global leading and competitive status, which the emirate achieved by attracting the best expertise and adopting the international best practices in a manner that fits the needs of the community and helps address future challenges.
"Introducing the e-Business Tax will enhance awareness of the different applications of VAT, and will also enable stakeholders and decision makers to find highly efficient financial scheduling that meets the needs of organizations and helps combat tax fraud or delay, reflecting transparent transactions and affirming efficiency of the new system for Dubai government entities," he added.