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FTA introduces Northern Emirates retailers to simplified registration procedures
The Federal Tax Authority, FTA, held an awareness session in the Emirate of Ajman for retailers and other representatives from the private sector in all Northern Emirates in collaboration with the chambers of commerce, introducing them to the simplified online procedures for registering in the Tax Refunds for Tourists Scheme, which allows eligible visitors to recover the Value Added Tax, VAT, they incurred on their purchases.
The Authority revealed a notable increase in the number of agreements signed with retailers to register them in the Scheme, equip them with the necessary technology to implement it, and link them to airports and land and sea ports in the UAE. The FTA asserted that dedicated offices would be established in various locations where tourists can recover taxes; the Authority went on to note that it will be clearly outlining the taxes that are eligible to be refunded through the Scheme’s digital system – the most advanced of its kind in the world.