Federal Tax Authority launches services to ease VAT refund for UAE nationals building new residences
Four different services launched that simplify and explain the refund process
Abu Dhabi: 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 new 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.