TAG-Org Signs MOU with Dawacom To Register the Pharmaceutical Company As Part of its Tax-Free Network

News

  • 14-Jul-2016

    TAG-Org Signs MOU with Dawacom To Register the Pharmaceutical Company As Part of its Tax-Free Network

    AMMAN- HE Dr. Talal Abu-Ghazaleh, Chairman of Talal Abu-Ghazaleh Organization (TAG-Org), signed a Memorandum of Understanding (MoU) with pharmaceutical company Dawacom, represented by its Executive Director Dr. Bashar AlShiltawny to register Dawacom as part of its TAG-Org’s Tax Free World Network.  This Memorandum will facilitate refunding taxes for the company’s purchased products for both tourists and non-resident Jordanians.

    Dr. Abu-Ghazaleh welcomed Dr. AlShiltawny, indicating he is pleased that Dawacom has joined TAG-Org’s Tax Free Network, with the aim to support tourism in Hashemite Kingdom of Jordan. This registration comes as an addition to the long list of companies already part of the Network.  This list is posted on TAG Tax Free’s official website. 

    Dr. Abu-Ghazaleh indicated that this Tax-Free World Network not only benefits the consumer, but also the merchant, as more tourists will revert to the list of companies that are accredited for refunding taxes.

    Dr. AlShiltawny indicated that Dawacom is constantly seeking new ways to expand and develop its work in order to offer the best services in various governorates of the Kingdom.

    Aside from registering Dawacom as part of TAG’s Tax-Free World Network, Dr. AlShiltawny indicated that the company aims to cooperate with TAG-Org in other fields including Auditing, Trademark registrations and training. 

    TAG Tax Free World Network works on refunding sales taxes for two types of people: the first being the natural Jordanian and foreign person who lived outside Jordan for more than 183 days during the twelve months prior to the date of departing Jordan. The second group being for merchants registered in the authorized merchant’s network, which have already exceeded 375 merchants from different sectors.

    Established in 2009, Dawacom has expanded its work in four main fields: the main pharmacies, drug warehouses, academic training and medical supplies. Dawacom is the largest pharmacy chain in the Hashemite Kingdom of Jordan, with more than 100 branches.

    The refund process for authorized merchants includes a series of detailed procedures that ensure the invoice/ or receipt voucher issued by the cash machine is an original copy bearing the merchant’s seal and the name, type, quantity and value of goods. If the transaction meets all refund conditions, the paid tax value ranging from 50 to 500 JDs is refunded – given that the documents requested for the refund are submitted within a period not exceeding 90 days from the date of purchase.