Reclaim VAT on business expenses including corporate travel & entertainment and accounts payable invoices.

Reclaim up to 27% on both foreign and domestic business spend through VAT recovery.

Couple sitting with manager at the travel agency office and reviewing contract

Foreign VAT Reclaim

Employees travelling internationally is a huge expense for businesses. The good news is businesses can claim back VAT on international travel and entertainment expenses connected to employee business trips, even when not VAT registered in the country where the expenses take place.

Eligible expenses include accommodation, meals, taxis, car hire, public transport and conference costs.

Domestic VAT Reclaim

Businesses can recover VAT on domestic travel and expense (T&E) transactions such as hotels, accommodation, meals, entertainment etc. This is typically reclaimed monthly or quarterly, but some countries also allow you to reclaim VAT on local business travel which occurred in the past.

Regular Domestic VAT reclaim provides frequent cash flow into your business.

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Accounts Payable (Supplier) Invoices

Invoices from foreign suppliers attract significant foreign VAT charges, which is often refundable. However, the VAT reclaim process is complex, leading many businesses to miss VAT refunds.

An average of 70% of all foreign supplier invoices include inaccurate VAT charges, and once paid, it’s extremely challenging to reclaim the incorrect charges.

Businesses can reclaim VAT on Accounts Payable invoices in areas such as:

  • Tooling on production lines; packaging & materials
  • Research and Development costs
  • Clinical Trials
  • Inter-company invoices
  • Conferences, Training and Events
  • Sponsorship and Marketing
  • Premises rental & purchase
  • Professional services (consultants, lawyers, agencies)
  • Import VAT or airline expenses.