In the European Union local VAT and withholding tax can be reclaimed by businesses settled in other EU member states. Although this is widely known, because of several reasons still not every business takes advantage of this opportunity. During the recovery process applicants may encounter a lot of problems with the invoice failures, depending on type of document or country and – despite of the objective regulation – even the attitude and expertise of the particular administrator are influencing factors. Besides these, the actual economic state of a country can cause administrative anomalies, which may lead loss on reclaims. Unfortunately, tax authorities are considering themselves only in few countries as if they were a service provider. Let’s leave the painful details, let this part on us!
VAT’son is working in simple, money and project orientated way. First of all, as a principle step we’re trying to discover the total reclaimable value. We’re helping to solve the accidental invoice failures and accounting problems. Considering tax authorities as partners, we’re trying to make the administrators’ job quicker and easier. We’re in direct contact with these authorities everywhere, in order to minimize the worsening of information between applicants and authorities. To achieve this aim, we’re approaching most of the administrators through their mother tongues that means actually we’re speaking German, English, Spanish, Italian, French and Romanian. The most money we collect back for our partners, the most money returns to economy that is our main business target. On the other hand we’re invoicing conditional/contingent fee, so we’re fully interested in reclaims that were completely refunded. We’re also working with fixed fee commission, however payment terms are depending on the customers’ needs and we’re fully flexible.
Whether you know your company affected by VAT reclaim process or you still don’t know, but you would like to know what your possibilities in this field are, don’t hesitate – contact us and we can discuss the following steps. In case you already have a service provider, let’s talk about whether we can offer a better service - quicker, cheaper, higher rate of reclaimed sum, less work investment and work load on your staff - for you.