VAT refund : foreign business expenses
Did your company incur foreign business expenses last year? Don’t miss the June 30 deadline to reclaim foreign VAT. Learn how to secure your VAT refund and optimise recovery with BTOBNICE.
Swiss VAT refund for New Zealand businesses
Swiss VAT refund for foreign businesses: reciprocity rules for New Zealand and other countries.
VAT Recovery in Bahrain: Annual Deadline on March 31
Introduced in the Kingdom of Bahrain in 2019 with an initial rate of 5%, the Bahraini VAT rate doubled in 2022. Today, the standard VAT rate in Bahrain stands at 10% and applies to most […]
VAT recovery in the United Kingdom : refunds for non-UK businesses
The UK VAT recovery for businesses established outside the United Kingdom is covered by the VAT Act 1994 and VAT Regulations1995 & 2020. Foreign companies without VAT registration in the UK can claim back the […]
Input VAT deductions : exempt transactions with right to deduction
The general rules of the European VAT imply that companies carrying out non-taxable or exempt transactions cannot recover the VAT borne on expenses incurred for their realisation. However, certain exempt transactions give rise to the […]
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 […]
VAT recovery in Europe : non-EU companies urged to claim VAT by June 30
The 13th European Directive entitles companies established outside the EU to claim back the VAT paid on business related expenses. The VAT refund can be granted to companies fulfilling specific requirements : Difficulties Even though […]
Bosnia and Herzegovina : VAT recovery before the EU accession
An official candidate country since December 2022, Bosnia and Herzegovina moved one step closer to the EU accession in March 2024. Based on the reported progress in meeting the membership criteria, the Commission has recently recommended […]
VAT refund in Gulf countries : UAE – Saudi Arabia – Bahrain – Oman
Established in 1981, the Gulf Cooperation Council is a political and economic union of six Arab states of the Persian Gulf: United Arab Emirates, Saudi Arabia, Bahrain, Oman, Kuwait and Qatar. Due to the historically low oil […]
Worldwide VAT reclaim agenda 2024
Reudcing costs of your business purchases abroad Companies purchasing goods and services abroad or engaging non-domestic travel expenses often pay foreign VAT charged by suppliers of different countries. This foreign VAT can be claimed back […]
