VAT Refunds
VAT Refunds
VAT Refund Process in the UAE
Eligibility Verification
- Businesses making taxable supplies.
- Input VAT on purchases that are directly related to these supplies.
- VAT paid on imports or exports.
Prepare the Required Documentation
- VAT invoices from suppliers.
- Customs declarations for imports and exports.
- Bank statements or payment receipts proving that VAT has been paid.
Submit VAT Returns
- Total VAT charged on taxable supplies
- Total input VAT incurred.
- The net VAT to be paid or refunded.
FTA Review
Once the VAT return is submitted, the FTA will review the information. The refund process typically involves verifying the documents and assessing the claim. If additional documentation or clarification is needed, the FTA will request it from the business.
Approval and Refund Disbursement
After the review, if the claim is valid, the FTA will approve the VAT refund. The amount will be credited to the taxpayer’s account or bank account, depending on the refund method chosen.
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:
Eligibility Assessment
Document Preparation
VAT Return Filing
FTA Communication
Audit Support
Post-Refund Guidance
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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
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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.
