- UAE’s FTA unveiled world’s first VAT refund system for e-commerce retail purchases by tourists
- Developed in partnership with Planet to enhance digital competitiveness and leadership in tourism and e-commerce
- Tourists can recover VAT on purchases made through registered e-commerce platforms
- Fully digital and seamless system, building on previous paperless VAT refund system
- Tourists can easily scan passports, complete transactions, and receive digital invoices
- System praised for improving UAE’s reputation as top international tourism destination
- Designed for simplicity, allowing tourists to apply for VAT refunds directly through e-commerce platforms
- Expected to boost tourism and e-commerce sectors in the UAE
Source: premier-brains.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.
