• Taxation/ Visa

    UAE to introduce VAT Tax Refund Scheme for Tourists

    UAE to introduce VAT Tax Refund Scheme for Tourists

    The UAE Federal Tax Authority (FTA) has announced a tax refund scheme for tourists to claim refunds of Value Added Tax (VAT). Tax invoices issued as of 18 November 2018 and forward will be eligible for the refund.

    VAT refunds will be valid on purchases over AED 250 at more than 4,000 participating retail stores. Requirements for retailers to register for the scheme include the production of a Tax Registration Number (TRN), submitting a request to the FTA to participate in the scheme and meeting the financial credit requirements specified by the system. Eligible outlets will be identifiable via visible posters displayed on their storefronts.

    Tourists will receive refunds through a special refund kiosk at their point of departure upon production of the valid tax invoices, copies of their passport and a credit card. The VAT will then be refunded either in cash or by credit card.

    The scheme will be introduced in two phases; from the 18 November 2018, Abu Dhabi, Dubai and Sharjah international airports will implement the digital refund systems and as of mid-December 2018, the system will be fully operational and include all airports and land and sea ports in the UAE.

    For any of your legal requirements please get in touch with Davidson & Co today.

  • Visa

    UAE visa program further expanded

    UAE visa program further expanded

    Divorcees, widows, tourists, and children without a sponsor are amongst those who will benefit from the new visa reforms.

    What is changing?

    • Widows and divorcees will now be granted an automatic one-year residency visa valid from the date of death or divorce. This visa will also cover any children living in the UAE below the age of 18. The charge for cancelling a previous visa stands at AED 100 and the new visa will cost AED 100.
    • Tourists who wish to extend their stay in the UAE will no longer be required to leave the country once their 30-day visit visa expires, and instead will now be able to apply for up to two further visa extensions of 30 days each, allowing visitors to extend their holidays by up to 60 days at a time. The cost of each extension application will be AED 600.
    • Recent high school graduates will have the chance to apply for a one-year residency visa costing AED 100. This visa is renewable for an additional year upon expiry at a further cost of AED 100.

    When can I apply?

    The new visa changes take effect from 21 October 2018.