Being a tourist in the UAE just became a lot more affordable. The UAE’s Federal Tax Authority (FTA) has unveiled a brand-new system that allows tourists to claim VAT refunds on online purchases made during their stay. This innovative system, developed in collaboration with Planet, the authorised operator of VAT refunds for tourists, is the first of its kind in the world! The move aligns with the FTA’s vision to embrace digital transformation and deliver proactive, tech-driven solutions. Keep reading to find out all the new and innovative details you need to know.
Also read: Here’s How Tourists Shopping In The UAE Can Claim Their VAT Refund Without A Receipt
How Does The System Work?
The FTA has recently expanded its scope to include e-commerce platforms and retailers registered under the Authority. Tourists can now enjoy a seamless experience by scanning their passports, completing purchases online, and automatically generating digital invoices. These invoices can be easily verified via a shoppers’ portal, ensuring a smooth and paperless VAT refund process for eligible purchases. The system makes the VAT refund process incredibly easy. Tourists provide their travel document details and personal information during the online purchase, which is verified at delivery or order fulfilment. This user-friendly system ensures compliance with tax legislation while offering speedy and efficient refunds. From the moment a purchase is made to the refund being processed upon departure, the system promises a hassle-free experience.
This step not only simplifies the shopping experience but also solidifies the UAE’s status as a leader in combining technology with tourism. This latest milestone is yet another example of how the UAE continues to innovate, ensuring visitors leave with memorable experiences – and a little extra money in their pockets!