Documents Required for VAT Refund in UAE
VAT Refund in UAE
When the input tax on a VAT return exceeds the output tax, the Taxable Individual may obtain a VAT Refund. Businesses can apply for it using the VAT 311 form found on the FTA portal.
Tax registrants can demand a refund either when filing their VAT returns or after they have been submitted. There is no time restriction for requesting a refund from the FTA authorities, thus tax registrants can ask for it at any moment until they receive a credit.
Documents for VAT Refund in UAE
- If your bank is foreign, you must provide the FTA with a validation letter or certificate for your bank account. This letter, which must contain the account holder's name (which must correspond to the taxpayer's name as registered with the FTA), your bank's name, address, SWIFT/BIC, and IBAN, must be issued by your bank.
- If you are requesting a refund of excess credit that was paid in error or a transfer from another TRN as a result of an incorrect payment, you must provide supporting documentation (such as proof of payment)
- The top five tax bills (by value) from standard-rated purchases
- The five largest tax invoices or invoices for untaxed sales (based on value). If you have exported, please include official and commercial evidence.
- The five largest tax invoices related to outputs, sales, and other items.
Reyson Badger - VAT Refund Consultants
When applying for a VAT Refund in UAE, you must provide Documents for such as purchase invoices and export papers. Reyson Badger is the best choice since we simplify the procedure for you. We'll guide you through everything you need, making things as simple as possible. Trust us to handle your VAT refund efficiently and reliably.