Foreign VAT Refund
Global VAT Compliance supports clients from inside and outside the EU with a full range of VAT recovery and refund services. From consulting on the type of expenses that are eligible for refund through taking care of the VAT refund process from end to end, GVC makes sure you reclaim and recover your foreign VAT improving your VAT position and creating savings opportunities.
Companies doing business abroad often incur foreign VAT on their expenses such as employee travel and lodging, car rental and transportation and other business related expenses. These companies cannot recover VAT through their own domestic returns but that doesn’t mean they cannot claim VAT back at all. Many companies may be missing the opportunity to reclaim VAT in countries that allow it, loosing out significant savings on international expenditure.
Global VAT Compliance offers a full range of VAT recovery and refund services supporting businesses from all over the world to claim VAT on their foreign expenses. From consulting on the type of expenses that are eligible for refund through taking care of the VAT refund process from end to end taking over the entire document-gathering process and submission of the refund request managing it through to receipt of the repayments, GVC makes sure you recover foreign VAT creating considerable savings opportunities.
Claiming VAT refunds on the following international services
Travel & Entertainment
Claim foreign VAT on hotels, restaurants and transport when you are on the move for business.
DDP - Import VAT
Recover Import VAT when shipping equipment DDP (Delivered Duty Paid) to foreign countries.
Meetings Industry & Tour Operators
Business in the MICE industry and Tour Operators can reclaim VAT charged by suppliers in foreign countries.
Conference, TradeShows & Events
Claim VAT back when attending, exhibiting or organizing conferences, trade shows or events in foreign counties.
GLOBAL VAT COMPLIANCE MAKES SURE YOU RECOVER FOREIGN VAT CREATING CONSIDERABLE SAVING OPPORTUNITIES
Where are you loosing out?
DDP - Import VAT
Our process depends on your requirements
Often times VAT fall under the 13th Directive (Non-EU) requiring original invoices, therefore we’ll arrange manual collections requiring no IT integration, and provide you with GVC’S web-based access to our portal.
SMART DATA CAPTURE
Listing of VAT receipts and invoices
Claim approval by Local VAT Experts
CONVERSION & UPLOAD
Automated conversion to Tax Authority requirements
VAT Refunded to Client