Federal Tax Authority organises introductory seminar

Federal Tax Authority organises introductory seminar

Dubai, UAE: – The Federal Tax Authority (FTA) organised an interactive introductory seminar for retailers about the new, simplified, 100% paperless procedure for registering in the digital system for refunding value added tax (VAT) for tourists – the most advanced of its kind in the world.

Held in Dubai, the session was organised by the FTA in collaboration with Planet – the company that operates the VAT Refund Scheme for Tourists – and brought together a large audience of retailers operating in the UAE. The seminar presented ways to sustainably improve the registration experience for retailers in the tax refund system for tourists by constantly communicating with those who use the system, taking their suggestions and observations into consideration when developing new plans that and systems.

During the seminar, representatives of FTA and Planet provided a comprehensive explanation of the procedures required to register retailers in the digital system developed to refund VAT to tourists, stressing that all relevant business sectors must review the registration guidelines. The experts gave a presentation on how to submit requests to register retail stores in the system, and what needs to be taken into consideration while filling out applications and documents required for registration.

The Authority noted