VAT Refunds
Recover your VAT efficiently with Stratify’s expert guidance. We ensure maximum VAT recovery, handle documentation, and streamline the refund process, keeping your business compliant with UAE tax regulations.
VAT Refunds
A VAT refund is the process by which businesses can reclaim the Value Added Tax (VAT) paid on purchases and expenses related to their business activities. In the UAE, VAT-registered businesses are entitled to claim back VAT on goods and services if they are related to taxable supplies. VAT refunds are a critical aspect of ensuring businesses maintain healthy cash flow and comply with UAE tax regulations.
VAT Refund Process in the UAE
Claiming a VAT refund in the UAE requires following a structured process, which involves ensuring that all eligibility criteria are met and that the necessary documentation is in place. Here’s a step-by-step overview of the VAT refund process
Check Eligibility
Check Eligibility: Confirm that your business meets FTA’s VAT refund criteria, mainly for taxable supplies and related VAT expenses.
Gather Documentation
Collect VAT invoices, customs declarations, and payment proofs.
File VAT Return
Submit accurate VAT returns, detailing VAT on supplies and purchases.
FTA Review
The FTA will review, possibly request more documents, and assess the claim.
Approval & Refund
If approved, the refund is credited to your account.
Documents Required for VAT Refund
VAT Invoices
Copies of all invoices from suppliers, detailing the VAT paid on purchases.
Customs Documents
For imports and exports, customs declarations and other related documents.
Business Licenses
Up-to-date trade licenses and registrations to confirm business activities
Proof of Payment
Bank statements or payment receipts showing that VAT amounts have been paid.
VAT Returns
Copies of previously submitted VAT returns for cross-verification.
Other Supporting Documents
Depending on the nature of the VAT refund claim, additional documents may be requested.
How Stratify Can Help with VAT Refunds
At Stratify, we offer a comprehensive range of VAT refund assistance services to ensure that your business recovers the maximum amount of VAT paid. Our expert team understands the nuances of UAE VAT law and provides tailored services to streamline the VAT refund process.
Eligibility Assessment
We conduct an in-depth review of your business to determine whether you meet the VAT refund eligibility criteria, ensuring that all applicable VAT can be reclaimed.
Document Preparation
Document Preparation Gathering the correct documents can be a time-consuming task. We assist with organizing, verifying, and preparing the necessary documentation to support your VAT refund claim.
VAT Return Filing
Our team ensures that your VAT returns are accurately completed and submitted on time, minimizing the risk of delays or errors that could impact your refund.
FTA Communication
Audit Support
In the event that the FTA audits your VAT refund claim, we provide full support to address their queries and ensure the audit process goes smoothly.
Post-Refund Guidance
Once your VAT refund is processed, we continue to provide advice on how to maintain compliance with UAE VAT regulations and optimize future refund claims.
Start your Business Today
Start your Business Today
Our Other Value Added Tax Services
Our Other Value Added Tax Services
- Assistance in VAT Refunds
- Voluntary Disclosure
- Filing of Clarification Form
- Filling of Exception Form
- VAT Health Check
- Transaction Advisory on VAT
- VAT Registration
- VAT Deregistration
- Tax Agency Services
- VAT Compliance Review
- FTA Audit Assistance
- Reconsideration for VAT Penalty Waiver
- VAT Registration - Tax Group
- Amendment in Tax Group Registration- Addition/Removal of Member
Our Services
Stratify Corporate services is an independent and international organisation with a specialization in crafting sustainable solutions and strategies
Value Added Tax
Ensure full compliance with UAE’s Value Added Tax regulations through tailored advisory, registration, filing, and VAT health check services.
Read More
Corporate Tax
Navigate UAE’s corporate tax landscape with strategic tax planning, filing, and compliance support to optimize your tax position.
Read More
Excise Tax
We assist businesses in understanding and complying with excise tax regulations, including registration, filing, and audit preparation.
Read More
Accounting Outsourcing
Streamline your financial operations by outsourcing your accounting needs, from bookkeeping to financial reporting, for efficient management.
Read More
Customs
Simplify import-export procedures and ensure compliance with UAE Customs regulations through advisory, registration, and customs reconciliation services.
Read More
Company Formation
Start your business in the UAE with expert guidance on company incorporation, licensing, and compliance with local regulations.
Read More
Audit & Assurance
Our audit and assurance services provide reliable financial insights, ensuring transparency and compliance with regulatory requirements.
Read More
Economic Substance
Anti-Money Laundering
Protect your business by staying compliant with UAE’s AML regulations, with risk assessments, monitoring, and reporting solutions.
Read More
Our Services
Corporate Tax
Excise Tax
Company Formation
Accounting Outsourcing
Streamline your financial operations by outsourcing your accounting needs, from bookkeeping to financial reporting, for efficient management.
Customs
Anti-Money Laundering
Audit & Assurance
Economic Substance
Frequently Asked Questions
Who is eligible for a VAT refund in the UAE?
Businesses that are VAT-registered and incur VAT on goods or services related to taxable supplies are eligible for a VAT refund. There are some exceptions, such as non-business-related expenses and personal expenses.
How often can I claim a VAT refund?
VAT refunds are claimed as part of your regular VAT return, which is typically filed quarterly or monthly, depending on the size of your business.
How long does it take to receive a VAT refund?
Once a VAT return and refund request is submitted, the FTA generally processes the refund within 20 business days, although this may vary depending on the complexity of the claim.
Can Stratify help if my VAT refund is rejected?
Yes, if your VAT refund claim is rejected, we assist in understanding the reasons for rejection and provide guidance on how to rectify the situation or re-submit the claim.
What happens if the FTA asks for more information?
If the FTA requests additional documents or information, Stratify will handle all communications and ensure that the required details are provided in a timely manner to avoid delays.
Latest News
Why Choose Stratify?
At Stratify, we take the complexity out of the VAT refund process. Our deep understanding of UAE tax regulations and VAT law ensures that your business maximizes its VAT recovery while staying fully compliant. With our professional support, you can focus on growing your business while we handle the intricacies of VAT refunds for you.
For more information on how we can assist with VAT refunds, contact us
