The first step in reclaiming VAT is to analyze the possibility of VAT recovery based on the documents provided by the client. VAT refunding involves several different procedures that include: screening and analyzing existing documents, selecting valid documents, direct consultation with the client, creating and filing claims, etc. Clients do not incur financial or other costs with us until they receive approved refund claims. Recovering VAT requires original invoices (preferably in the company’s name), a certificate from the local tax administration that the company is registered for VAT, as well as other necessary documents prescribed by the tax administration of the country from which we are requesting VAT recovery.
Bosnian and Herzegovinian companies can recover VAT from Austria, Belgium, Serbia, Montenegro, Denmark, Finland, France, Ireland, Iceland, South Korea, Luxembourg, North Macedonia, Malta, Monaco, Germany, the Netherlands, Norway, Sweden, Switzerland, Great Britain.
Legal entities registered in the following countries have the right to refund Bosnian and Herzegovinian VAT: Austria, Serbia, Belgium, Montenegro, Denmark, the Netherlands, Croatia, Germany, Norway, Hungary, Romania, North Macedonia, Slovakia, Slovenia, Switzerland, Great Britain, Turkey.