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VAT Refund Services

Optimize Your VAT Returns: Professional Support for a Simplified VAT Refund Process.

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VAT Refund Services in UAE

Litrix Business Solutions offers VAT refund services in Dubai, helping businesses reclaim VAT amounts paid in excess of what they have collected. In the UAE, Value Added Tax (VAT) is a consumption tax on goods and services. Output tax refers to the VAT charged on goods or services sold by a taxable person, which is collected from customers. On the other hand, input tax is the VAT paid on goods or services purchased, which is paid to suppliers.

The Federal Tax Authority (FTA) has set up a straightforward process for claiming VAT refunds in Dubai. However, it’s always advisable to seek assistance from experienced VAT consultants to ensure a smooth and efficient refund process.

At Litrix Business Solutions, we guide you through the VAT refund process in Dubai. We help you maintain accurate records and proper documentation, ensuring everything is submitted correctly with your VAT refund application. This allows you to receive your refund without the stress of navigating the application process on your own.

Our VAT Refund Services

Litrix Business Solutions is a trusted and reliable provider of VAT refund consultancy services in the UAE. Alongside VAT refund support, we offer a comprehensive range of VAT services, including registration, deregistration, return filing, and audit assistance. Helping clients complete the VAT refund application process is a key component of our VAT compliance services.

Our team of VAT consultants brings extensive knowledge and experience in managing the administrative processes related to VAT compliance. With a proven track record of assisting clients across various industries, we ensure that the VAT refund process in Dubai is seamless and efficient, whether it occurs after filing VAT returns or as part of the return filing process itself.

Advantages of VAT Refund Assistance

Simplified Process

Experts well-versed in VAT refund procedures can assist you with the necessary paperwork and ensure compliance with the specific requirements of each country.

Time-Saving

Navigating VAT refund procedures can be intricate and labor-intensive. Professional assistance can simplify the process, allowing you to save both time and effort.

Maximizing Refunds

Specialists can help pinpoint eligible purchases and ensure that you claim the maximum possible refund amount.

How we Help You Obtain the VAT Refund Complete Process

We follow a dedicated process for businesses seeking VAT refunds, in line with UAE government guidelines.

Log in or Sign up to the FTA Portal
We will either create an account on the FTA’s e-services portal for your business or log in directly if you already have the credentials. This portal gives you access to various services, including the VAT refund application.

Our VAT consultants assist you with the following:

VAT Litigation Support
Completing the Application Form
We handle the application form on your behalf, ensuring all necessary information is accurately included. Our expert VAT consultants have extensive experience in completing VAT refund claim applications.

When filling out the form, we will ensure the following fields are completed accurately:

  • Tax Registration Number (TRN) (pre-populated)
  • Total amount of excess refundable tax (in AED) (pre-populated, calculated as Refunds – Penalties)
  • Amount you wish to have refunded (in AED) (to be entered by you)
  • Remaining amount of eligible excess refundable tax (pre-populated)
  • Late registration penalty amount (in AED) (zero if free from penalties or if already paid; applicable penalty amount if not yet settled)
  • Authorized signatory and declaration (pre-populated in both Arabic and English)

Once we have filled in all the details and verified their accuracy, we will click ‘Submit.’

Receive VAT Refunds in Dubai

After you submit the form, the FTA will review your VAT refund application and notify you of their decision within 20 business days. If your refund is approved, the payment will be processed within five business days. You can track the status of your refund by checking the transaction history under the My Payments section on the e-Service portal.

Documents to submit for VAT Refund in Dubai

We prepare and submit the following documents on behalf of your entity when claiming VAT refunds in the UAE:

  • VAT refund application form in Excel format
  • The five highest tax invoices, along with other official and commercial documents related to standard-rated and zero-rated supplies
  • The five highest tax invoices for sales and other outputs
  • An IBAN (International Bank Account Number) validation letter, which includes the account holder’s name, bank name, address, SWIFT/BIC, and account number. This letter must be issued and stamped by the applicant’s bank.

FAQs

What requirements must foreign businesses meet to be eligible for VAT refunds in the UAE?

Foreign businesses can utilize the VAT refund scheme to apply for VAT refunds in Dubai, but they must meet specific conditions. For businesses based in a GCC state that has not implemented VAT, they can claim refunds for VAT paid on expenses incurred in the UAE. A foreign business from a non-GCC country can apply for VAT refunds under UAE VAT laws if it meets the following criteria: It must be registered as an establishment with the relevant authority in its home jurisdiction. It should not have a place of establishment or fixed establishment in the UAE or in any GCC state with implemented VAT. It must not be a taxable person registered under the UAE VAT system. It must be from a country that provides VAT refunds to UAE entities under similar circumstances.

What reasons might lead the FTA to reject a VAT refund application?

The FTA may reject a VAT refund application for the following reasons: Incorrect attachments, Failure to respond to the FTA’s request for additional information within five working days, Discrepancies between the VAT returns filed and the summary provided in the VAT refund claim form.

What occurs if the taxpayer chooses not to pursue VAT refunds in Dubai?

If the taxpayer decides not to claim VAT refunds, the excess recoverable tax can be carried over to future tax periods. This amount can then be used to offset any payable VAT and/or associated penalties.

If You Are Interested?

Contact us today for a consultation, and let’s get your business up and running in just a few days. Together, we can turn your vision into reality!