EU VAT REFUND : simplified tax recovery for European companies
EU VAT refund for businesses: we help you to recover your foreign VAT in Europe.
VAT refund in Emirates : foreign business visitors in the UAE
Implemented since 2018, the VAT is charged in the United Arabs Emirates with the rate of 5% on most locally provided goods and services. VAT recovery solutions are offered by the Federal Tax Authority of […]
VAT audit : compliance of cross-border operations and tax opportunities
In the context of frequent legislative changes in indirect taxation within the EU and in non-European countries, companies must permanently adjust their accounting and reporting processes to new VAT rules. Rigorous tax monitoring makes it […]
E-invoicing in Germany : new obligation for resident companies
The implementation of the electronic invoicing in Germany is planned starting from January 2025, following a precise timetable. In this context, the Federal Ministry of Finance has recently prepared the draft of an official letter […]
German VAT refund guide : EURO 2024
On this Friday 14th of June, the UEFA is launching the 2024 European Football Championship. Hold in Germany across 10 cities until July 14, this sport event will attract 24 European teams, around two million […]
Romanian VAT deduction : new e-invoicing requirements and penalties
Since January 2024, the Romanian tax payers must report their B2B invoices for local sales of goods and services to the tax administration ANAF. The reporting was to be done electronically within 5 working days […]
VAT recovery in Saudi Arabia : annual reclaim by foreign companies
The VAT was introduced in Saudi Arabia in 2018 with an initial rate of 5%. After a significant increase in 2020, the current VAT rate stands at 15%. This is the highest VAT rate applicable […]
CJEU ruling : Hungarian VAT refund to foreign companies
The recent judgment of the Court of Justice of the European Union reaffirms the primacy of the principle of VAT neutrality for taxable persons, prioritising the substantive conditions for the exercise of their right to […]
VAT reform in the EU : VIDA approval delayed
The vote of the ECOFIN on the European VAT reform was expected on Tuesday 14/05. Blocked by one of the member states, the reform will need a new agreement. The updated version of the reform […]
VAT refund in Switzerland : non-registered foreign companies
Foreign companies can recover the Swiss VAT incurred on their business expenses in Switzerland. In absence of the Swiss VAT registration, the VAT reclaim can be done on a yearly basis, within 6 months following […]
