vAT REFUND
VAT Refund Services
If your business has overpaid VAT, you may be eligible for a VAT refund. Fitris Management Consultants offers professional VAT refund services to help you claim back the excess VAT paid on business purchases. Our team ensures that all the necessary documentation is prepared accurately, calculates your refundable VAT, and submits the refund claim to the Federal Tax Authority (FTA). With our expertise, we guide you through the entire refund process, ensuring compliance and timely processing. Let us help you recover your funds efficiently and hassle-free.
documents required for VAT Refund
VAT Registration Certificate: Proof that your business is registered for VAT with the FTA.
Tax Invoices: Original invoices for sales and purchases, showing VAT amounts.
Bank Statements: Copies of bank statements reflecting the VAT payments made and any refunds received.
Tax Return Forms: Copies of your previously submitted VAT returns for the relevant period.
Proof of Export (if applicable): Documents supporting exports if your business is claiming a refund for export-related VAT.
Purchase and Sales Records: Detailed records of taxable supplies and business expenses incurred during the claim period.
Refund Application Form: The completed VAT refund application form to be submitted to the FTA.
Other Supporting Documents: Any other documents requested by the FTA, such as contracts or agreements, that validate the refund claim.
process of VAT refund
Eligibility Check: We first review your business’s VAT records to determine if you’re eligible for a refund based on overpaid VAT on purchases.
Document Collection: Our team helps you gather the necessary documents, including VAT invoices, tax returns, export records (if applicable), and bank statements.
Prepare Refund Application: We accurately complete the VAT refund application form, ensuring all information is correct and aligns with your tax records.
Submission to FTA: Once the application is prepared, we submit it to the Federal Tax Authority (FTA) on your behalf, following all necessary procedures.
Follow-up and Monitoring: We monitor the status of your refund application and liaise with the FTA to resolve any issues or requests for additional information.
Receive Refund: After approval, the FTA processes the refund and transfers the amount to your business account. We ensure all steps are completed efficiently, maximizing your refund.
How Fitris Management Consultants Can Help Your Business?
Fitris Management Consultants handles your entire VAT refund process. We ensure eligibility, collect necessary documents, prepare and submit the refund application to the FTA, and monitor progress. Our team ensures a smooth and efficient process, maximizing your VAT refund and keeping you compliant.
Contact us today for VAT refund services
Ready to claim your VAT refund? Reach out to Fitris Management Consultants for expert assistance in navigating the process. We’ll help you recover your funds quickly and efficiently. Contact us today!
