Indeed, the UAE Government has ensured that the ease of doing trade during Expo 2020 relieves the stress out of the participating countries. The Federal Tax Authority (FTA) has issued a Cabinet Decision on VAT Refunds for Expo 2020 participating countries and organizations.
The VAT refund for Expo 2020 is applicable for countries that have established a representative office within the UAE to organize their Expo 2020 site. The initial Cabinet Decision in 2019 that the Cabinet issued has been canceled, and the new Cabinet Definition number 1 of 2020 provides more scope on VAT Refund for the participants. VAT incurred on any goods and services are eligible for a refund. The participants’ claim amount is not less than AED 200 for Expo Special VAT Refund Scheme aims to enable participants to enjoy VAT-free purchases for the Expo Expenses.
Source Farahat
