FATCA and CRS Reporting Services
June 22, 2022
The UAE Ministry of Finance (“MoF”) recently launched a new centralised portal for submitting the annual reporting and risk assessment for Common Reporting Standard (“CRS”) and /or Foreign Account Tax Compliance Act (“FATCA”) which can be performed between 1 June 2022 and 30 June 2022.
The portal can be accessed by clicking here.
Firms are expected to register their nominated maker and checker users before the reporting deadline of 30 June 2022.
FATCA and CRS guidance can be found here. The Excel templates for CRS and FATCA annual reporting are accessible on the MoF Portal from 1 June 2022.
Meeting your FATCA and CRS reporting requirements can be overwhelming, but our team is fully equipped to help guide you through the process.
We provide a full suite of FATCA and CRS services, designed to manage any material risks and achieve compliance in your jurisdiction.
If you require assistance with this reporting or would like to discuss this further, please reach out to your usual Waystone representative or contact us.