Focus on VAT is always focussed on minimizing a company's financial and administrative burden. A key instrument in this respect is the VAT refund procedure. Depending on the applicable VAT rate companies are able to realize costs savings up to 25%. Focus on VAT provides its service on a 'no refund, no fee' basis.
Paying VAT
International companies pay VAT in the EU. This VAT is not always claimed back from the local tax authorities as many companies are not aware that they are entitled to do so. Legal provisions pertaining to VAT refunds also tend to be complicated and vary per EU member state, thus creating an additional burden. Focus on VAT is specialized in reclaiming VAT in all EU member states.
Reclaiming VAT
Expenses that are eligible to be refunded include:
- trade show / exhibition costs
- transport costs (including business travel expenses)
- hotel costs
- local purchases
- gasoline
