In November, the UAE will begin to return VAT to tourists

In November, the UAE will begin to return VAT to tourists - the introduction of an appropriate measure announced by the Federal Tax Administration of the country.

In the corresponding message sent to the retail stores by the tax service and Dubai’s TTP, retailers are invited to register with the system before September 10. Accordingly, according to the Khaleej Times, the exclusive VAT operator is Planeta. Store owners will receive full information during special events. The first briefing for retailers will be held in Abu Dhabi on September 11 and the next day in Dubai. In the future, it is planned to connect all the outlets of the country to this project.

In this case, the return will be made in the "online" format. A special program will determine the amount of VAT to return. And the funds will be credited to the bank card of the tourist.

Source: otpusk.com

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