Any business registered for VAT with the FTA must file periodic VAT returns, usually every quarter. Filing is mandatory even if no transactions occurred.
You will need sales invoices, purchase invoices, tax credit notes, import/export records, and bank statements. Accurate documentation ensures correct VAT calculations.
VAT refund processing usually takes a few weeks after submitting the application, depending on FTA verification and supporting documents.
Late filing leads to FTA penalties, increased scrutiny, and potential delays in VAT refund claims. Businesses should file returns before the deadline to avoid fines.
Yes. Many businesses outsource VAT filing to tax consultants to ensure accuracy, compliance, and timely submission.