- VAT Collection Requirements: VAT-registered retailers must charge a 5% Value Added Tax on most goods and services, document all transactions accurately, and issue valid tax invoices, while also paying the net VAT difference to the Federal Tax Authority (FTA).
- Tourist Refund Scheme Participation: Retailers can attract international tourists by participating in the “Tax Refund for Tourists” scheme, which requires them to be VAT-registered, apply to the FTA, and comply with specific financial and operational criteria.
- Refund Process for Tourists: When tourists make qualifying purchases (minimum AED 250), participating retailers issue tax-free transactions that tourists can validate at exit points, allowing them to claim refunds on the VAT paid for goods taken out of the UAE.
Source Dr. Murad Qabajeh
Latest Posts in "United Arab Emirates"
- UAE Ministry of Finance Issues Comprehensive Operational Guidance for E-Invoicing Compliance
- UAE FTA Issues Final Technical Guidance on Mandatory E-Invoicing Fields and XML Structure
- VAT‑Free” Special Offers in the UAE: What Businesses Need to Know
- UAE Peppol E-Invoicing & E-Reporting Mandate: Phased Rollout from July 2026 to October 2027
- UAE E‑Invoicing: January–October 2027 Implementation Guide Published
