UAE Launches World-First E-Commerce VAT Refund System for Tourists

• Tourists in the UAE can soon recover VAT on e-commerce purchases made during their stay
• The new system allows registered platforms and e-stores to offer VAT refunds to tourists
• Tourists can submit VAT refund requests through registered e-commerce platforms
• Refund process is completed when tourists leave the country
• Initiative builds on the success of previous digital tax refund systems
• Launched in collaboration with Planet, the authorised VAT refund operator
• Aligns with UAE’s goal of enhancing competitiveness in tourism and e-commerce
• Expected to boost UAE’s digital and innovation performance globally
• Khalid Ali Al Bustani highlighted the system’s role in enhancing UAE’s reputation as a tourist destination
• Tourists can recover VAT on both traditional and online purchases from registered stores

Source: menafn.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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