Tag Archives: UAE vat consultants

VAT Refund On New Residence

vat refund on new residence
  • VAT refund is available for newly constructed residential building in UAE
  • A natural person who is a UAE National is entitled to claim such VAT refund
  • New residence must be used solely as the residence of the person or person’s family
  • Claim must be lodged with the FTA within 6 months from the date of completion of the new building
  • VAT will be reclaimed on building materials and all services incurred for the completion of the building
  • VAT refund claim is subject to conditions, restrictions and procedures prescribed by FTA

استرداد ضريبة القيمة المضافة للمساكن الجديدة

  • استرداد ضريبة القيمة المضافة متاح للمباني السكنية المشيدة حديثًا في الإمارات العربية المتحدة
  • يحق للشخص الطبيعي المواطن بدولة الإمارات العربية المتحدة المطالبة باسترداد ضريبة القيمة المضافة
  • يجب استخدام المسكن الجديد فقط كمسكن للفرد أو لعائلة الشخص
  • يجب تقديم المطالبة إلى الهيئة في غضون 6 أشهر من تاريخ الانتهاء من المبنى الجديد
  • سيتم استرداد ضريبة القيمة المضافة على مواد البناء وجميع الخدمات المتكبدة لاستكمال المبنى
  • تخضع مطالبة استرداد ضريبة القيمة المضافة للشروط والقيود والإجراءات التي تحددها الهيئة الاتحادية
  • للضرائب

Eligibility and Benefits of holding Tax Residence Certificate

Eligibility and Benefits of holding Tax Residence Certificate in UAE

TAX Residence Certificate in UAE

  • Tax Residence Certificate can be obtained by an individual who is resident in UAE for period more than 180 days and companies which are registered and operates in UAE for minimum one year.
  • Offshore companies cannot obtain Tax Residence Certificate . However offshore companies can apply for  tax exemption certificate.
  • By holding tax residence certificate in UAE, an individual or company can use advantage of double taxation treaties.
  • Tax residence certificate helps to overcome the difficulties relating to cross-border trade and investment flows
  • A foreign national individual can avoid income tax by identifying his tax residency status.