VAT refunds for UAE tourists to start November 18

Mon, 2018-10-22 14:08

DUBAI: UAE tourists could avail of Value Added Tax (VAT) refunds
on their purchases in the country starting November 18, local daily
Khaleej Times has reported.

The UAE Federal Tax Authority is implementing the new tax
scheme, which allows VAT rebates for tourists.

More than 4,000 retail stores across the UAE will be part of the
tax refund system, FTA director general Khalid Ali Al-Bustani said,
adding that only invoices from the registered outlets will be
eligible for the refund.

Tourists can identify the participating stores through
frontstore posters, he added.

First phase will be implemented in Abu Dhabi, Dubai and Sharjah
International Airports, while full implementation will be finished
by mid-December.

“The scheme will be fully operational as per the timeline we set
for it and will include integrated electronic programs and
mechanisms for direct connection between retailers and tax refund
offices for tourists at airports and land and sea ports,”
Al-Bustani said.

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Source: FS – All-News-Economy
VAT refunds for UAE tourists to start November 18