HLB HAMT provides VAT return review and refund application services in the UAE. They have experienced tax consultants who review corporate tax returns across different industries to ensure accurate and timely filing. Return reviews identify any errors or omissions to rectify through voluntary disclosures or corrections. Refund applications are submitted when input tax exceeds output tax, and HLB HAMT assists with accurate submissions to expedite refunds. They also offer specialized services for UAE nationals building new homes and Expo 2020 participants.

1. VAT Return Review and Refund
Application in UAE
HLB HAMT has experienced tax consultants who do the review of periodical
returns of corporate tax payers across different industry verticals and ranging
from mid-size corporate clients to large conglomerates having presence
locally as well internationally.
HLB HAMT provides return review services in UAE as a part of Tax Agent
services or Tax consultants services where filing of accurate return on timely
basis will be ensured.
The periodical return review ensures that the reporting of the sales figures,
input tax claims and reporting of import transactions are in compliance with
the UAE VAT law and executive regulations.
What is a VAT Return in UAE?
A VAT return is an official document to be completed by the Taxable Person
and submitted to the Federal Tax Authority (“FTA”) at regular intervals
detailing any output tax due and input tax recoverable and including any
other information that is required to be provided.

2. All VAT Returns should be submitted online using the FTA portal. The return
can be submitted by the Taxable Person, or another person who has the right
to do so on the Taxable Person’s behalf (for example, a Tax Agent or a Legal
Representative).
The VAT Return must be received by the FTA no later than the 28th day
following the end of the Tax Period concerned or by such other date as
directed by the FTA. Where a payment is due to the FTA, it must be received
by the FTA by the same deadline.
If there is no business transaction for the Tax Period, you are required to
submit a “nil” VAT Return by the respective due date.
What is the benefit of conducting review of Historical (Past)
Returns?

3. Tax returns filed by the registrant is the basis of any scrutiny or evaluation for
FTA. Review of returns already filed (historical returns) will identify any
anomalies and subsequent corrective actions required to rectify the errors or
omissions. Anomalies can include reporting of standard-rated sales as zero-
rated sales, Service RCM not recorded accurately, Adjustments to RCM goods
and services not made properly, the Wrong claim of input tax, RCM reversals
not taken accurately.
Corrective actions can include a voluntary disclosure submission or correction
in the subsequent return. Review of past returns will ensure that all returns
filed are as per UAE VAT rules and chances of any penalty are nil.
What is a VAT Refund Application?

4. Every Taxable Person is required to file a VAT return summarizing the VAT
due to the FTA for the tax period. When the input tax is greater than output
tax on a VAT return, the Taxable Person is able to request a VAT refund in UAE
after submission of the VAT return or at any later time when there is a credit
owed to them.
Where the Taxable Person makes a claim for a refund of excess refundable
tax, the FTA will within 20 business days of an application being submitted,
review the application and notify the Taxable Person of its decision to accept
or reject the refund claim. The FTA may notify the applicant that it requires a
longer period than (20) business days to consider the application where
appropriate.
Tax authorities scrutinize the refund application with strict criteria. The refund
application has to be submitted incorrect format as prescribed by FTA.
The tax professionals at HLB HAMT shall assist you to file VAT refund
applications on a timely basis incorrect format, suggest corrective action to
rectify any discrepancy which can expedite the refund process and respond
to FTA queries related to the refund application. Timely and accurate refund
application with sufficient document submission will result in timely refund
process thereby causing positive cash flow and smooth business operations.
VAT REFUND FOR UAE NATIONALS BUILDING NEW RESIDENCES

5. HLB HAMT has a dedicated desk of professionals with Arabic proficiency who
can assist in refund application of UAE Nationals for claiming input tax
pertaining to New Residence constructed in UAE.
The tax team at HLB HAMT will ensure that all the necessary documents are
arranged and compiled to submit the refund application with FTA or the
Verification body, to get the refund application approved on timely basis.
Who is eligible for VAT Refund in UAE?
Subject to Article 66 of the Executive Regulation, where a UAE National who
is a national of the UAE and holds a Family Book, owns or acquires land in the
UAE on which he/she builds or commissions the construction of his / her own
residence, he/she is entitled to request a special refund from the FTA for the
VAT incurred on certain expenses related to the construction of a new
residence.
What is the Process?
■ A New Residence VAT Refund Request should be submitted to
the FTA on the FTA e-Services portal.
■ The application will be reviewed by the FTA to check the eligibility
of the applicant to make the claim and if the initial assessment is
successful a reference number will be provided if additional
documents/information are requested or the application may be
rejected.
■ If the initial assessment is successful, additional documentation
will be requested, either by the FTA or by a Verification Body
(appointed and authorized by the FTA)
■ Once the application is reviewed by the Verification Body, it will
inform the FTA of the outcomes of verification. Following this, the
FTA will notify the applicant if the refund claim is approved,
amended or rejected.
VAT REFUND FOR EXPO 2020 PARTICIPANTS

6. Who is eligible to claim Refund?
Offices of the Official Participants of Expo 2020 Dubai are eligible to recover
VAT on certain Goods and Services which were imported or acquired.
■ Where the Official Participant is not registered for UAE VAT, the
refund applications can be made through the Bureau (Bureau
Expo 2020 Dubai established by virtue of Decree No. 30 of 2014
issued by the Ruler of Dubai) by submitting a special refund
application to the Bureau.
■ Where the Official Participant is registered for VAT, it may reclaim
VAT via its UAE VAT return.
What VAT is Reclaimable?
Offices of the Official Participants are able to reclaim VAT incurred on the
import and acquisition of the following five categories of Goods or Services
without the need to use them for making taxable supplies:
■ VAT incurred in direct connection with the construction,
installation, alteration, decoration and dismantlement of their
exhibition space
■ VAT incurred in direct connection with the works and activities of
organizing and operating the Official Participant’s exhibition
space and any presentations and events within the Expo 2020
site.
■ VAT incurred relating to the actual operations of the Official
Participant, provided that the value of each Good or Service for
which the Office of the Official Participant makes a claim is not
less than AED 200
■ VAT incurred with all operations, services and activities provided
for the purpose of participation in Expo 2020 Dubai, whether
located within or outside the boundaries of the Expo 2020 Dubai
site

7. ■ VAT incurred on import of Goods for personal use of the Official
Participant’s Section Commissioner-General, Section Staff and the
Beneficiaries.
Get Free Consultation
VAT Return Review in Dubai UAE | VAT Refund Application UAE | VAT Return Filing Dubai
(hlbhamt.com)
Contact Us
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates.
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com
www.hlbhamt.com