Home Business UAE tourists can now claim VAT refunds

UAE tourists can now claim VAT refunds

by
VAT refund

Tourists planning to visit the UAE received a joy boost this week as they will now be able to claim tax refunds from registered companies on purchases over AED 250 as part of a new digital system employed by the Federal Tax Authority.

The number of companies registering for the tourist VAT refund scheme is expected to reach 6,000 by the end of 2018, with most refunds expected to come from gold jewellery, electronic products and luxury goods. This could be a key contribution to increasing tourism attractiveness and further establishing Dubai as the most important global shopping destination.

Pedro Wisden, Mojo PR

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Dubai 100