VAT Reclaims

VAT Resource has a team of VAT Accountants who have a strong understanding of the complex international VAT laws and regulations as well as insight into business processes and systems. This unique combination of skills will be deployed to clients on a monthly, quarterly or other periodic basis to quickly and efficiently reclaim foreign VAT.

VAT Resource does not work on a percentage basis. We deploy our VAT Accountants for a fixed daily rate of approximately €600.00 or €75.00 (ex VAT) per hour which results in immediate cost savings for our customers. This competitive rate eliminates the barrier for companies to start recovering foreign VAT which otherwise would remain a cost.

Our tested approach:

- Gather all invoices with foreign VAT
- Confirm all invoices for reclaim eligibility
- Contact suppliers requesting re-issue of non-compliant invoices
- Compile all invoices into overviews per country
- Generate the relevant Foreign Reclaim documents
- Assist clients with the ‘verklaringen van hoedanigheid’
- Submit the Foreign Reclaim forms to the authorities in each country
- Maintain communication with all foreign authorities on customer’s behalf
- Respond to any written inquiries by the foreign authorities
- Examine and check VAT amount recovered

The VAT Accountants always operates on behalf of our clients. The Foreign Reclaim documents will be signed by an authorized member of staff of the company and the refunded amounts will be directly deposited into a client designated account. 

Our VAT Accountants are permanently supported by a professional back office of experienced VAT Managers. The VAT Accountants also have access to online databases with up to date European VAT information and are regularly trained to ensure awareness of all the latest VAT developments.

Contact us today so that we can start turning often hidden foreign VAT into a source of revenue.