Are you struggling for claiming VAT Refund in UAE?

Manage the correct VAT Reclaim Process with FTA Approved Tax Agent

Recovering Value-Added Tax (VAT) is a crucial part of an effective indirect tax strategy. It is important for taxpayers to know not only in which cases they have the right to demand tax refund, but also how to get prepared in order to obtain the requested tax refunds in a short period of time.

It is crucial that the tax refund file to be submitted to the tax office is prepared completely, and all other procedures of VAT refund has been compiled correctly in order for the claimed amount to be received in the shortest period of time and without any problems.

Barriers to recovering VAT include a lack of understanding of the detailed indirect tax rules, difficult administrative procedures, and insufficient or incorrect documentation as well as missed deadlines for reply to Federal Tax Authority. Unclaimed tax credits and missed or delayed refunds commonly cause negative cash flow and “tax leakage” that increase business costs and reduce profitability.

Businesses in UAE may expect earlier refunds of value-added tax (VAT) as a relief measure in response to the coronavirus (COVID-19) pandemic. Tax professionals believe that the federal tax authority may have already accelerated the processing of VAT Refunds with regard to returns that have been submitted.

We Can Help you in:

• Reviewing the VAT Returns, working papers and calculations of refundable VAT & determine whether you have sufficient documentation to support a VAT Reclaim.
• Preparation of the data templates and other documentation which are required for VAT documentation which are required for VAT refund application based on the legislation.
• Reviewing your activities to identify any VST non-compliance or possible optimization
• Preparation and submission of the VAT refund application
• Receiving the VAT refund missing point report & queries from FTA and re-submission after making the queries from FTA and re-submission after making the required correction & prepare reply for the required corrections & prepare reply for the queries
• Managing all the communication with federal Tax Authority.
• Visiting the Tax office and discuss with the authorities, to provide finalization of the VAT refund files.

Why Choose MBG for VAT Refund Services?

• We are a registered tax agency with Federal Tax Authority.
• We are comprised of professionals dedicated to client satisfaction and high
• quality.
• We are willing to share our deep knowledge and experience in tax refund
• procedures, where these procedures mostly involve highly complicated,
• exhausting and detailed bureaucratic processes.
• We use our extensive network of Tax Agents & VAT professionals.
• We can assist your business to develop or improve related business processes to reduce the time and administrative costs associated with making claims and increase your chances of success.

Please get in touch with us on [email protected]