Another VAT Update which contributes ease of doing business in UAE.
A foreign business may be entitled to enjoy VAT Refunds of tax paid in certain instances. This Refund Form is designed to facilitate the process of claiming back the VAT paid by Business Visitors that are eligible for a Refund.
In case of your country falls under approved list of countries with reciprocal arrangements, you are eligible to claim business VAT refund based on various conditions.
Get a free consultation on the topic now with our tax advisors @ info@hkmsgroup.com / +971 – 543537787
Source – Federal Tax Authority
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