From 1 March 2022, the window is open for qualifying non-United Arab Emirates (UAE) established businesses to submit applications under the business VAT refunds scheme.
This window operates from 1st March 2022 ending 31st August 2022 and provides qualifying companies the opportunity to submit their Business VAT refund requests to the Federal Tax Authority (FTA) for the calendar year 2021.
As a result, Non-UAE resident businesses should now assess if they have incurred VAT in the UAE and qualify for a Business VAT refund. The necessary documentation and evidence required under the Business VAT refund application are stringent. As a result, advanced preparation and early action are recommended.
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