In the United Arab Emirates (UAE), Value-added Tax (VAT) is a tax imposed on the supply of goods and services, including imports. As a tourist visiting the UAE, you may be eligible for a VAT refund on certain purchases made while in the country. In fact, we also provide services for the corporates having input credits refundable with the FTA. To receive a VAT refund, you must meet the following criteria:
- You must be a non-resident tourist, with a permanent address outside of the UAE.
- The value of the goods must be above a certain minimum amount, which is currently set at AED 250.
- The goods must be exported outside of the UAE within 90 days of purchase.
To claim a VAT refund, you will need to present the original tax invoice and your passport at the time of purchase. Some retailers may have a VAT refund desk, where you can obtain the necessary documentation and have your refund processed. It's important to note that not all retailers in the UAE participate in the VAT refund scheme, and some goods and services, such as gasoline and hotel stays, are not eligible for a refund. It's always a good idea to check with the retailer or a VAT refund desk for more information on specific products and services.
How SPK Auditors can help with VAT Refund services?
- Reviewing your purchases and invoices to determine your eligibility for a VAT refund.
- Preparing and submitting the necessary paperwork and documentation to the tax authorities.
- Assisting with the VAT refund process, including the submission of claims, follow-up with tax authorities, and the receipt of the refund.
- Advising on any changes or updates to the VAT refund regulations.
Working with professionals can save you time and hassle, and increase your chances of a successful VAT refund claim. However, it's important to choose reputable and experienced professionals like us, who have a good understanding of the VAT refund process in the UAE. If you're considering hiring a professional for assistance with your VAT refund, SPK Auditors is the best choice.