Fast and Reliable VAT Refund in UAE

Refund Made Simple: Unlock Your VAT Savings in the UAE!

Are you a business owner operating in the UAE? If so, you’re likely familiar with VAT (Value Added Tax). It’s a tax that’s added to the value of goods and services, and it can add up quickly. That’s where we come in. Our VAT refund services are designed to help businesses operating in the UAE claim back the VAT they’ve paid on eligible expenses. 

Imaging VAT refund services in dubai

As a registered business in the UAE, you are required to charge VAT on taxable goods and services you supply. At the same time, you are also entitled to reclaim any VAT you have paid on your purchases and expenses related to your business.

VAT refunds can be claimed by eligible businesses on a quarterly basis. To qualify for a VAT refund, you must meet certain criteria, such as being registered for VAT, having a valid tax invoice, and having proof of payment. It’s also important to note that the minimum amount that can be claimed is AED 2,000.

Documents Required For VAT Refund?

Businesses operating in the UAE are required to submit several documents to complete their corporate tax registration. The documents required may vary depending on the Nature of The Business and its Legal Structure, but typically include:

● VAT invoices issued by the supplier of goods or services

● Import/export documents such as bills of lading, airway bills, and customs declarations

● Proof of payment, such as bank statements or receipts

● A VAT refund application form

● A tax residency certificate

● Business licenses and registration documents

● Proof of business activities in the UAE

● Any other relevant supporting documents, such as contracts or agreements

Process For VAT Claim In UAE:

To claim a UAE VAT refund, you must follow a specific process. Here’s a step-by-step guide:

Step 1: Register for VAT:

To claim a VAT refund, you must first be registered for VAT in the UAE. If you haven’t already done so, you’ll need to complete the registration process.

Step 2: Gather Necessary Documents:

For VAT claim in UAE, you’ll need to have the above mentioned documents.

Step 3: Submit Your VAT Return:

Your VAT refund claim is made through your VAT return, which must be filed on a quarterly basis. When completing your VAT return, you’ll need to include details of the VAT you’ve charged and the VAT you’ve paid.

Step 4: Request a VAT Refund:     

Once you’ve filed your VAT return, you can request a VAT refund using the e-Services portal of the Federal Tax Authority (FTA). The refund will be processed within 20 business days of the submission of your claim.

Step 5: Receive Your VAT Refund:

If your VAT refund claim is approved, the amount will be transferred to your bank account.

if you want to make the most of your business expenses and stay ahead of the game, our VAT refund services may be just what you need.

VAT Refund Request Can Be Rejected In These Circumstances:

Following are some circumstances in which the FTA (Federal Tax Authority) can reject a VAT refund request:

1. Incorrect or Incomplete Information:

If the VAT refund request contains incorrect or incomplete information, the FTA may reject it. This could include errors in the taxpayer’s name or address, or missing or inaccurate invoices.

2. Lack of Supporting Documents:

The FTA requires that VAT refund requests be accompanied by all necessary supporting documents, such as invoices, import/export documents, and proof of payment. If these documents are missing or incomplete, the FTA may reject the request.

3. Ineligible Expenses

Only certain types of expenses are eligible for VAT refunds in Dubai. If a taxpayer includes ineligible expenses in their VAT refund request, the FTA may reject it.

4. Late Request Filing:

The FTA has strict deadlines for filing UAE VAT refund requests. If a taxpayer misses the deadline, the FTA may reject the request.

5. Non-compliance with VAT Regulations:

If a taxpayer is found to be non-compliant with VAT regulations, such as by failing to register for VAT or by underreporting their VAT liability, the FTA may reject their VAT refund request.

Want Assistance With VAT Refund?

It’s important to note that the VAT return filing process can be complex and time-consuming, especially for businesses with a large volume of transactions. That’s why many businesses choose to work with Now Consultant because our VAT specialist can help them navigate the process and ensure compliance with all relevant regulations.

Frequently Asked Questions

VAT refunds refer to reclaiming Value Added Tax on eligible business expenses in Dubai. Businesses can request VAT refunds for input tax on purchases directly related to their taxable supplies.

Yes, you can get VAT refund in Dubai. There are several VAT refund centers located throughout Dubai, including at major shopping malls and at Dubai International Airport.

VAT refunds work by businesses submitting refund claims to the Federal Tax Authority (FTA) for eligible input tax. The FTA in UAE reviews these claims makes sure the fulfillment of necessary criteria, and refunds the input tax amount to the business if approved.

To get a VAT refund, maintain accurate expense records and submit a claim through the UAE’s Federal Tax Authority (FTA), following their guidelines and documentation requirements. The FTA will disburse the refund to your designated bank account if approved.

The length of time it takes to receive your VAT refund in the UAE can vary depending on several factors, including the volume of refund requests being processed and the accuracy and completeness of your request. In general, the process can take anywhere from a few days to several weeks.

UAE tourists, including Dubai, can claim tax refunds on eligible purchases through the Tax-Free Shopping Scheme. Retailers participating in the scheme or NOW Consultants can provide details on the process.

To claim VAT back in the UAE, businesses should:

  • Maintain accurate records of their taxable purchases.
  • Submit VAT refund claims to the FTA through the designated channels.
  • Ensure that the expenses for which they are claiming VAT back meet the FTA’s criteria for eligibility.

Yes, businesses in the UAE can claim input VAT (VAT paid on purchases) as a credit against the VAT collected on sales. This process helps offset your VAT liability. Businesses in Dubai are offered to get help from the NOW Consultant expert team in claiming VAT back.

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