Foreign businesses are allowed to claim VAT refund in the UAE subject to terms and conditions laid out by the Federal Tax Authority (FTA). The FTA recently issued guidelines revising conditions for business visitors to apply for a VAT refund. As per the new guidelines, the refund scheme applies to foreign businesses from a country that permits VAT refunds to UAE entities. Uninformed businesses can seek the help of VAT consultants in Dubai, UAE to apply for the VAT refund.
In the meantime, this article serves as an introduction to the various conditions and requirements for applying for the VAT refund. Apart from the conditions, the time period, documents and list of eligible countries are stated here. Read ahead.
Source: jcauaeaudit.com
