Following an agreement signed between Malta and international tax free shopping operator, Fintrax Group, non-EU nationals wishing to receive a VAT refund on items bought in Malta will now be able to do so in a more expeditious way.
Through this agreement, Fintrax Group will be setting up an office under the brand Premier Tax Free at the Malta International Airport, with the aim of providing a fast and efficient service. This will be much more efficient than the current procedure, where the processing can take over six months to complete.
Premier Tax Free will be vetting applications for and issuing such VAT refunds, marketing the scheme to non-residents and local retail outlets, as well as providing a scheme for retailers to participate in international marketing of the VAT Refund System.
Fintrax Group, which was selected following an international request for proposals, is one of the world’s leading tax-free shopping companies with over 30 years’ experience. Through Premier Tax Free, it provides refund services to international shoppers via hundreds of refund points spanning across 31 countries.
