VAT Refund

VAT Refund in UAE

The taxpayer has the following two options in treating the excess inputVATcommonly known as VAT refund:

• The taxpayer will be eligible to request a VAT refund
• If he does not wish to request a refund of the excess input VAT, the excess recoverable tax will be carried forward to subsequent tax periods and can be used to offset against the payable tax and/or penalties, or he can apply for a refund later at any point in time

After the VAT return is submitted, you are required to complete the VAT refund application ‘Form VAT311’.

How to claim FTA VAT refund UAE?

To submit a refund claim:

• Login to the FTA’s e-Services portal.
• Go to the VAT tab, then the VAT Refunds tab, and access the form by clicking the VAT refund request.
• Complete the form.Some of the fields are pre-populated using the details from your account.Make sure that the details you’ve entered are correct, thensubmit the form by clicking’Submit’.
• After you submit the form, you will receive an email from the FTA to notify youof the result of your refund application. Once the claim is approved, the refund will be processed within 5 business days.
• You can verify therefundamount by checking your balance from theMy Paymenttab under theTransaction Historysection in the e-Services portal.

Our tax experts will assist you to get the VAT refund amount due from FTA and will help our clients with their VAT refund applications. I