With a few exceptions most companies in the EU do not pay VAT. This also applies to EU companies when they visit Europe on business (also most non-EU countries included)! Many companies just book the Invoices as cost without knowing EU VAT is reclaimable! Elite Solutions offers you the possibility to reclaim your EU VAT.
Depending on the country, the normal rate is between 14% and 25% and the reduced rate is between 3.6% and 7%.
All Trade Fair costs, Hotel bills, Meals, Services, Warranty and Repairs and Guarantee costs etc. In fact, almost all that what has been spent as business cost for your company can be claimed back!
1) Obtain a Tax Certificate from your local Tax Office for your company on it's taxable status. We can supply you with examples;
2) Collect all your original Invoices for the required period. We can only submit originals as the Tax Authorities do not accept copies. Of course, you will receive these back after the process is over, so it is important to hold copies in your book-keeping in the meantime;
3) Send us the above along with a Power of Attorney document so we can act on your behalf with the Tax Authorities. We will supply you with the POA document.
EU companies only need send us the Power of Attorney and the original invoices.
Processing time usually takes up to between 6 and 12 months.
Elite Solutions applies a sliding scale of charges dependant on the VAT Total amount involved. These charges will be deducted after the reclaimed VAT has been received, so you don't have any upfront charges!
Yes! 30.06 of the present year for the last year. We need your paperwork latest by 15.06 in order to punctually process and submit to the Authorities. For EU companies the deadline is 30.09.