Do I qualify?
Even though every country has its own specific guidelines and requirements to determine refund eligibility, a general rule could be drawn.
The following are the general rules to determine whether or not your company is eligible to claim VAT & GST as an input credit in a foreign country.
- Company is engaged in commercial business activities
- Company must be registered as a taxpayer with the appropriate tax authority in its country of residence
- No production plant or manufacturing facility in the country where a refund application is submitted
- The original invoice, showing the VAT/GST paid, and issued in the name and address of the claimant, is sent to us
- The claim is in time. The time limits for claiming vary according to individual circumstances and will be supplied on request.
Please be advised that there may be other criteria that need to be fulfilled in order to have a successfully refunded claim. Countries such as Australia, France, Switzerland, and Japan have placed additional conditions for the reclaim process. They require a fiscal representative that is a resident of that country submit the claim on behalf of the applicant company. ITR has representation in many countries and can facilitate the submission process.
Please call ITR to discuss further your company's requirements.
