While submitting a VAT return in UAE, if your input VAT is greater than the output VAT then you are eligible to request an FTA VAT refund. Xact Auditing is offering guaranteed VAT refund services Dubai.
Input VAT is a tax payable for items (goods and services) purchased by a business or taxable person in UAE. On the other hand, output VAT is collected tax on items sold by a business or taxable person in UAE. If your business is paying more tax as compared to the tax your business is collecting from the clients, then you are eligible to claim an FTA VAT refund in UAE.
The taxpayer has the following two options in treating the excess input VAT commonly known as VAT refund:
After the VAT Return is submitted, you are required to complete the VAT refund application ‘Form VAT311’.
To submit a refund claim:
Xact Auditing is providing the best VAT refund services Dubai. Our tax experts will assist you to get the VAT refund amount from FTA. As Xact, as in all service lines that we perform, also in VAT Refund Services in UAE, our experts have deep knowledge and extensive experience.
Xact Auditing offers VAT refund services to help our clients with their VAT refund applications. It is composed of well-experienced tax advisors and experts who keep a close watch on the procedures envisaged and the attitude adopted by the tax authorities.
Xact Services