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VAT Refund For UAE National Residence

Welcome to Parker Russell Obaid Auditing, your reliable partner for VAT Refunds related to UAE National Residences. Our dedicated team is here to assist UAE Nationals in navigating the intricacies of Value Added Tax (VAT) refunds, ensuring compliance with local regulations.

Key Information About VAT Refunds for UAE National Residence:

UAE Nationals who own or acquire land in the UAE and proceed to build or commission the construction of their own residence are entitled to request a special refund from the Federal Tax Authority (FTA). This refund pertains to the VAT incurred on certain expenses related to the construction of a new residence, subject to specific conditions.

Conditions for VAT Refunds for UAE National Residence Include:

  1. Ownership of Land: The applicant must own or acquire land in the UAE.
  2. Construction of Personal Residence: The VAT refund is applicable when building or commissioning the construction of a personal residence.
  3. Eligible Expenses: The refund applies to VAT incurred on specific expenses related to the construction of the new residence.
  4. Compliance with FTA Guidelines: Ensuring adherence to the guidelines set by the Federal Tax Authority is essential for a successful refund application.

Our VAT Refund Services for UAE National Residence Include:

  1. Eligibility Assessment: We assess your eligibility for VAT refunds based on ownership, construction, and other relevant criteria.
  2. Documentation Preparation: Our team assists in preparing the necessary documentation required for VAT refund requests, ensuring compliance with FTA guidelines.
  3. Application Submission: We guide you through the application submission process, ensuring all required information is accurately presented to the FTA.
  4. Communication with Authorities: Our experts handle any inquiries from the Federal Tax Authority, facilitating effective communication to expedite the refund process.

Ready to Explore VAT Refunds for UAE National Residence?

Tax  Agency Number (TAN): 30000269

Ensure a smooth and compliant process for VAT refunds related to UAE National Residences with Parker Russell Obaid Auditing. Contact us today to leverage our expertise and maximize your VAT refund opportunities in the UAE.

    Selecting a Tax agent in the United Arab Emirates

    Article 15 (1) of the Tax Procedure Law states that an individual may authorize a Tax Agent to act as his representative without negating such person’s responsibility before the FTA.

    Article 15 (2) of the Tax Procedure Law further states that if a person notifies the FTA that his or her agency involvement with the Tax Agent has ended, the FTA may no longer communicate with the Tax Agent about that person.

    We Parker Russell Obaid Auditing provide Tax Agent Services, Tax Advisory Services, VAT Implementation Services, VAT Return Filing, VAT Compliance and Tax Consultancy Services in the UAE. 

    For more information on said services, you may contact our following representatives: 

    Muhammad Adel Rashad Kamel Refaei

    A certified tax agent with the UAE’s Federal Tax Agency, and worked in a variety of VAT consultancy roles in the UAE, including Oil & Gas, Healthcare, Construction, Real Estate & Property Development, and Others.

    For Tax Agent Services in Dubai & Northern Emirates

    www.pr-uae.com

    Registered Tax Agent

    +971 4 295 9958

    Azmy A. Elgabour

    With over 8 years of dedicated experience in taxation and a certified tax agent with the UAE’s Federal Tax Agency.Representing clients and providing tax-related services as a Certified Tax Agent, including tax planning, compliance, and advisory services.

    For Tax Agent Services in Dubai & Northern Emirates

    www.pr-uae.com

    Registered Tax Agent

    +971 2 645 2666

    Contact Us

    Ready to optimize your tax strategy with Parker Russell Obaid Auditing? Contact us today to schedule a consultation. Our dedicated team is here to address your specific needs and guide you toward financial success in the UAE market.

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