Under the Tax Procedures Law, there are two main types of taxes: indirect taxes and direct taxes. Indirect taxes include value-added tax (VAT), which is levied on the sale of goods and services, and excise tax, which is levied on specific luxury goods and tobacco products. Direct taxes, on the other hand, are taxes on income and profits. Currently, the UAE does not have a personal income tax system, and only companies with a taxable presence in the UAE are subject to corporate income tax.

The Tax Procedures Law also establishes the Federal Tax Authority (FTA) as the entity responsible for administering and enforcing tax laws in the UAE. The FTA is responsible for registering businesses for tax purposes, collecting taxes, conducting tax audits, and imposing penalties for non-compliance.

It is important to note that tax laws in the UAE are subject to change and it is recommended to consult with a tax professional for up-to-date information and to ensure compliance with the latest tax laws and regulations.