Professional VAT recovery service for international and domestic VAT
VAT registration and reporting services for foreign businesses
Check of incorrectly charged VAT from foreign supplier and sub contractors
VAT consultancy services and VAT trainings
Each year many companies do not recognize and fail to recover a significant amount of eligible VAT. The most common reason is limited or ineffective manual audit process of Travel & Entertainment (T&A) expenses. For most companies, VAT recovery from T&E expenses is a non-priority assignment due to many small transactions and large amount of paper work. But all the VAT adds up. Our unique autoVAT® reporting service make it easier to define your total foreign VAT recovery potential. The reports can also be a useful tool for T&E expenses during filing of domestic VAT. The reports give a unique break down of the individual VAT invoices along with the amount of potential VAT to recover. This make it easier to decide what to collect and how many resources you need to be deployed to achieve your targeted VAT recovery.
AutoVAT® is a unique and powerful VAT reporting service. The combination of an organization’s expense data coupled with the autoVAT® proprietary software technology creates an effective VAT reporting package for both multi-national enterprises and corporations with large domestic tax exposure requirements and foreign VAT recovery potential.
You can use existing expense data to quantify your potential VAT recovery and qualify material VAT transactions
Reduce or eliminate invoice collection effort by focusing on the material documents
Maintain collateral reports both for benchmarking of third-party service providers as well as collateral support for auditors