TAXFREE.BUSINESS

Terms of work with the service

- Normative base
- Commissions and fees

VAT REFUND CONDITIONS

A refund of the VAT amount from the budget of a foreign state is possible only if the following conditions are met:
1. The taxpayer must not have a representative office or conduct any taxable activity in the given state, and must also pay VAT in his country.
2. The company does not supply goods, does not provide services on the territory of the relevant state, with the exception of goods and services for the receipt of which the recipient of the goods or services pays VAT.
A refund of the VAT amount from the budget of a foreign state is possible only if the following conditions are met:
1. The taxpayer must not have a representative office or conduct any taxable activity in the given state, and must also pay VAT in his country.
2. The company does not supply goods, does not provide services on the territory of the relevant state, with the exception of goods and services for the receipt of which the recipient of the goods or services pays VAT.

VAT REFUND PROCEDURE

In most countries, applications for the past fiscal year must be filed with the tax authorities within 6 months of the end of the year.
As a rule, the beginning and end of the financial year coincides with the beginning and the end of the calendar year - that is, applications for VAT refunds must be submitted by June 30 for the previous year. As a rule, such an application is submitted once a year within the established deadlines and covers the company's business expenses for the reporting financial year. The application is submitted to the tax authorities of each foreign country in which you incurred business expenses separately. The tax legislation of some countries allows you to submit applications more often - up to 4 times a year, but not more often than 1 application per three months. According to the tax legislation of most countries, an application for a VAT refund must be considered and a decision is made on it to satisfy or not) within six months from the date of its submission. In some countries, this period may differ up or down. VAT refunds are made in euros, however, if the country is not a member of the eurozone, the refund can be made in national currency.

RETURN MECHANISM

EU Directives (86/560 / EEC)
The mechanism for the return by a company (including Russian) of VAT paid abroad is determined by the domestic legislation of foreign states, including the Thirteenth Directive (86/560 / EEC) of the Council of the European Communities on the harmonization of the legislation of the member states, dated November 17, 1986, which grants the right to companies from "non-union" countries, including Russia, to reimburse VAT on various expenses and services, respectively, incurred or purchased in the EU. Please note that there are restrictions on the list of paid services and the minimum bill amount.
However, the VAT refund procedure may not work for all types of services, not in all countries, and in general may be subject to a number of conditions. Each country has the right to add (exclude) certain categories of goods and services for which VAT refunds are (are not). Therefore, the exact list of goods and services for which VAT refunds are carried out depends on the legislation of a particular country.

COMMISSIONS AND FEES

Taxfree.business VAT refund service commission depends on the country, cost categories, and other factors.
Taxfree.business system withholds its commission from the refund amount, the amount minus the commission is credited to your company's account.
The fee is dependent on the scope and volume of invoices/vat amounts and this can be discussed with one of our consultants.
We work on a success fee, therefore No recovery = No fee!

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