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Your Tax Expert!

Unlock your financial potential with our tax expertise!

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Ready For Corporate Tax?

Your Corporate Registration and Implementation is now in safer hands. We are the first registered tax agent in UAE with worldwide experience in handling Corporate Tax as well as other taxation services.

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What is Profit Margin Scheme on VAT and what are the conditions applied? Keep Reading to know more! Subscribe to Averyx Group Newsletter Stay Updated

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Do you need to register for VAT voluntarily? And how is it beneficial? To know more keep reading our latest article.

Subscribe to our newsletter!

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For more details contact us:

🌐 www.averyxgroup.com

📨 info@averyxgroup.com

📱+971 55 748 8621

📱+971 4 338 2988

📌 Address: Office 406, Rania Business Center,  2nd St. Al Barsha 1, Dubai, U.A.E, P.O.Box.413167

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VAT Services in Dubai, UAE

We assure your VAT compliance. Get assistance from our FTA Certified VAT consultants!

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𝗛𝗮𝘃𝗶𝗻𝗴 𝗧𝗿𝗼𝘂𝗯𝗹𝗲 𝘄𝗶𝘁𝗵 𝗔𝗰𝗵𝗶𝗲𝘃𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗚𝗼𝗮𝗹𝘀?

We can help you to achieve Tax Planning and Financial Goals!

We are the expert TAX consultants in UAE!

- VAT Reconsideration

- Excise Tax

- VAT filing

- VAT Deregistration

𝗔𝘃𝗲𝗿𝘆𝘅 𝗚𝗿𝗼𝘂𝗽

For more details contact us:

🌐 www.averyxgroup.com

📨 info@averyxgroup.com

📱+971 55 748 8621

📱+971 4 338 2988

📌 Address: Office 406, Rania Business Center,

2nd St. Al Barsha 1, Dubai, U.A.E, P.O.Box.413167

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Are You An Entrepreneur Looking For An Optimal Business Setup in Dubai? Well don't look further, here are the most beneficial locations to startup! Dubai Free zones!!!

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For more details contact us:

🌐 www.averyxgroup.com 📨 info@averyxgroup.com 📱+971 55 748 8621 📱+971 4 338 2988

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How to Get a VAT Refund?

Here we would like to brief about the procedures for VAT Refund. There is an increasing need among our customers for the VAT Refund due to the current market situation. 

VAT Refund Application

VAT Refund Application must be filed diligently and assurance must be there that all the returns filed are accurate, true and fair as per the UAE VAT legislations and there is no requirement to file Voluntary Disclosures for rectification of the historical VAT Returns.

In order that the Federal Tax Authority shall elevate the level of service when reviewing the refund request, taxable person are advised to provide the following supporting documents when applying for a refund for each tax period for which the refund is being requested.

The supporting documents required to be submitted are mentioned below:

Summary of the VAT Output and VAT Input in a Refund Excel format.

Five of the highest value Tax Invoices/Invoices for each category in the VAT Return where applicable (Standard rated supplies, Zero rated supplies, Exempt supplies, Out of scope supplies and Expenses).

Official and Commercial evidence in cases where there are exports of goods: five highest-value related invoices accompanied by the relevant customs declarations and Bill of Lading.

International Bank Account Number (IBAN) validation.

A Bank Account validation letter / certificate must be provided to the FTA. This letter must be issued and stamped by bank and should include below details of the Tax Registrant:

Name (must be the same as the taxable person’s name as registered with the FTA)

Bank’s name

Bank’s Address, SWIFT/ BIC and the IBAN

Timeframe for Refund

FTA will review the application within 20 working days. If any further details are required, FTA will request for Resubmission by adding a comment as required. FTA will also notify its decision to accept or reject the refund claim. The FTA may also notify the applicant that it requires a longer period than (20) business days to consider the application where appropriate.

Upon approving the Refund Application, FTA will process the refund amount within 5 working days to the registrants Bank Account.

At Averyx Group we offer all sort of VAT services including VAT Registration, VAT deregistration, VAT returns filing and compliance, and VAT planning and advice. We can help businesses of all sizes navigate the complex VAT regulations in the country and ensure compliance with the law. Additionally, we can help you minimize you VAT liabilities through effective planning and strategy.

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Accounting & Bookkeeping Services

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