- UAE introduces the first VAT refund system globally for e-commerce purchases by tourists
- The Federal Tax Authority, in partnership with Planet, launched the system to enhance digital transformation and innovation in the UAE
- The system aims to boost UAE’s global competitiveness in services, supporting its vision to lead in government efficiency
- The VAT refund system for tourists now includes e-commerce, expanding beyond traditional retail
- The system is fully digital, allowing tourists to process refunds through a digital platform by scanning passports and verifying invoices online
- Khalid Ali Al Bustani, Director General of the FTA, highlighted the system’s role in enhancing UAE’s image as a top tourism destination
- The system is praised for its simplicity and efficiency in processing VAT refunds, enhancing tourist satisfaction
- It covers all purchases, online and in-store, made by tourists during their stay in the UAE
Source: traveltradejournal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
