Industry: Business Technology
The national tax systems of Europe, UK, Canada, Japan, South Korea and Australia allow for a refund of VAT (tax) to most non-resident business entities worldwide. But approximately 72% of the businesses surveyed by the Organization for Economic Co-Operation and Development found reclaim procedures difficult to navigate, and 20% were unable to recover any VAT expenses at all.
Global VaTax's unique international network of experienced local VAT specialists makes complex foreign VAT refund simple. We use the Cloud technology combined with our VAT expertise to achieve better results, efficiently and effectively. We recover VAT in over 30 countries and our group has over 30 years experience. There is no risk or additional cost for the client but the potential 8% - 25% refund on international expenses can add a very significant addition to the bottom line of any US company.