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