Foreign VAT refunds
Is your company incurring expenses abroad? If so, you are entitled to reclaim VAT paid abroad.
Reclaiming VAT paid abroad is a complex process for you, and one that is not always profitable to carry out internally. With Pincvision, it is worth the effort. We work on a 'no cure, no pay' basis, and only send you an invoice when you actually receive the VAT refund. So for you, no costs without benefits.
Procedure
The procedure involved in submitting a VAT refund claim in the Netherlands is the following:
- At the time you book an invoice containing foreign VAT into your accounts, set this invoice aside immediately and make a scanned copy of it. You can file the original invoice in your records.
- Send the scanned copies of the invoices showing foreign VAT to Pincvision on a periodic basis (for example, once every quarter).
- Pincvision evaluates if the invoices satisfy the statutory requirements and determines whether or not the VAT qualifies for a refund.
- Pincvision prepares the refund request and sends this to the Dutch authorities.
- Pincvision takes the position as first contact point for questions from foreign authorities.
- Pincvision monitors the authorities’ processing times.
- As soon as the authority in question refunds the VAT amount, Pincvision will transfer this payment to your company, deducting the agreed commission amount.
Our rates
| € 500 or less | 20% |
| € 500 to € 5.000 | 15% |
| € 5.000 to € 10.000 | 10% |
| € 10.000 or more | To be determined |
Interested in learning more about our approach to reclaim your foreign VAT fast, inexpensively and efficiently?
[n/a]
[n/a]
