Visiting the UAE and planning to shop till you drop? Good news for tourists – you may be eligible for a Value Added Tax (VAT) refund on certain purchases made during your trip. Here is everything you need to know to make the most of this opportunity.
What is VAT?
VAT is a type of consumption tax that is placed on a product whenever value is added at each stage of the supply chain, from production to sale. In the UAE, VAT is currently set at 5%.
Who Can Claim VAT Refunds?
As a tourist visiting the UAE, you can claim a VAT refund if you meet the following criteria:
- Are a non-resident in the UAE
- Have purchased goods from a retailer participating in the Tax Refund for Tourists Scheme
- Intend to take the goods out of the UAE within 90 days from the date of purchase
How to Claim VAT Refunds?
Here’s a step-by-step guide to claiming your VAT refund:
- Make sure the retailer is participating in the Tax Refund for Tourists Scheme.
- Request a Tax Free tag for your purchases at the store where you buy the goods.
- Depart the UAE within 90 days from the date of purchase along with the goods.
- Present your purchases, receipts, and passport at the customs desk at the airport or border when leaving the UAE.
- Get your Tax Free tag validated by the customs officer.
- Collect your refund in cash or have it transferred to your credit card.
Shops Participating in VAT Refund Scheme
Most major retailers and shopping malls in the UAE participate in the Tax Refund for Tourists Scheme. Look for the Tax Free Shopping logo displayed at the stores to identify participating retailers.
Benefits of Claiming VAT Refunds
Claiming a VAT refund not only saves you money but also adds to your shopping experience in the UAE. You can enjoy more shopping without worrying about paying extra taxes on your purchases.
Frequently Asked Questions For Vat Refund For Tourists In Uae: Unlock Your Savings
What Is Vat Refund For Tourists In Uae?
Tourists can claim refund on VAT paid on eligible purchases made during their visit.
Who Is Eligible For Vat Refund In Uae?
Any tourist visiting UAE, who meet the criteria, are eligible for VAT refund.
What Are The Criteria For Vat Refund Eligibility?
Tourists must have a valid passport and be departing from UAE to claim refund.
Where Can Tourists Claim Vat Refund In Uae?
Tourists can easily claim VAT refund at designated refund centers in airports and ports.
Conclusion
Make the most of your shopping spree in the UAE by claiming VAT refunds on eligible purchases. Follow the simple steps outlined in this guide to ensure a hassle-free and rewarding shopping experience during your trip.
Remember, as a tourist, you have the right to benefit from the Tax Refund for Tourists Scheme, so don’t miss out on this opportunity to save money and enjoy your time in the UAE to the fullest.
Ahmed bin Rashid, a seasoned travel enthusiast and visa process expert and the successful Businessman in Dubai. With an LLB from the University of Bolton in 2015, he combines his legal knowledge with his passion for exploration, offering invaluable insights into Business formation and visa processes around the globe. Follow Ahmed’s captivating journeys and expert advice to embark on your unforgettable adventures & Business.