VAT Refund Scheme

The VAT Refund Scheme​ of the UAE enables registered businesses and individuals to recover paid VAT on specific goods and services. Familiarity with this refund process can help a firm maintain its proper cash flows while working within the guidelines of the Federal Tax Authority.

Who is Eligible for a VAT Refund?

  • Registered Business: VAT-registered businesses in the UAE can recover a refund of input VAT where it exceeds the amount of output VAT charged on sales. This includes situations where the business incurs higher expenses or where zero-rated supplies are made.

Calculation of VAT Refund:

We assist businesses in calculating their input VAT precisely to qualify for the refund.

  1. Documentation for Application:

Our staff will help you prepare and submit your application for refunds in complete conformity with the mandates of the FTA.

  1. Backing Documents:

We will coordinate and scrutinize all documents related to VAT, including invoices and receipts that support your application for a refund.

  1. Complete Process Management:

We take care of everything from preparing your VAT return to submitting the refund application with the FTA.

  1. Faster Refund Processing:

We streamline the refund process, ensuring you receive your VAT refund much sooner.

FAQs:

  • How long does it take for a VAT refund?
  • Can I claim the VAT refund if my VAT return is late?
  • What documents are required for a VAT refund application?

Call us at Primetax to get the VAT refund and ensure you receive all eligible VAT today!