FTA Launches New Services to Ease VAT Refund Process for UAE Nationals Building New Residences

Press release
Published September 29th, 2021 - 08:13 GMT
FTA Launches New Services to Ease VAT Refund Process for UAE Nationals Building New Residences
The new services offer four different services that simplify and explain the refund process to eligible applicants.
Highlights
The Federal Tax Authority (FTA) has new services designed to help UAE Nationals reclaim the Value-Added Tax (VAT) they incurred on their newly built residences with smooth and efficient procedures.

The Federal Tax Authority (FTA) has new services designed to help UAE Nationals reclaim the Value-Added Tax (VAT) they incurred on their newly built residences with smooth and efficient procedures.

In a press statement issued today, the Authority asserted that its initiative offers UAE nationals new, broader, and more diverse sources of information regarding procedures to recover the VAT they incurred on building their new residences via the quick and user-friendly e-Services portal on the FTA official website.

The new services offer four different services that aim to raise the target audience’s awareness, provide them with easy access to information, allow them to communicate directly with FTA representatives, receive their feedback, and constantly provide them with top-quality services that live up to their expectations.

The initiative will include a weekly interactive virtual workshop, the ‘Virtual Session’, that brings UAE citizens eligible to benefit from the service with representatives of housing authorities in the UAE, as well as contractors, engineers, and construction experts to provide consultations and clarification about the VAT refund process. 

The new services will also provide a ‘Personal Assistant’ service, where applicants can book an appointment to communicate directly with FTA employees about the refund process for VAT incurred on building new residences for Emirati nationals, allowing them to expedite the process.

The FTA explained that the new services include a new campaign called ‘Your Voice is Heard’, where the Authority organises a series of remote, web-based interactive sessions to gauge citizens’ feedback, remarks, suggestions, and preferences with regards to the VAT refund process for UAE nationals building new residences. The service allows the Authority to constantly upgrade its services and ensure its customers’ happiness. In addition, the campaign offers a series of videos and a newsletter titled ‘VAT Refund for UAE Nationals Building New Residences’ published on social media channels, in addition to disseminating the link to the newsletter via SMS. The content will explain the VAT refund procedures for UAE nationals building new residences, from submitting the request along with the required documents to receiving the refunded amount in the applicant’s bank account.

Background Information

Federal Tax Authority

By virtue of this Federal Law by Decree a public federal authority shall be established under the name of the Federal Tax Authority. The headquarters of the authority shall be located in the city of Abu Dhabi. The authority shall be in charge of managing and collecting federal taxes and related fines, distributing tax-generated revenues and applying the tax-related procedures in force in the UAE.

The authority shall be managed by a board of directors chaired by the Minister of Finance and a sufficient number of members to be appointed and remunerated by a Cabinet resolution, based on the chairman’s nomination. The authority shall have an independent annual budget that shall be deemed as public funds and exempted from all taxes and fees.

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