|
|
In the EU the VAT rates can amount to 16 or even 25%! This means
a significant additional cost for your company. You can, however,
avoid this loss by recovering your EC VAT which in the end will
have a beneficial influence on your companys results.
How can Eneman Brugge NV assist you in recovering the VAT you
paid abroad within the scope of your business activities?
|
|
You
inform us about the European countries where you would
like to recover VAT and excise duties.
|
|
|
We
provide you with the necessary official tax forms and
powers of attorney for signature, as well as with our
general terms and conditions.
By means of these powers of attorney you entitle us to
act on your behalf, and to fill out and sign the application
forms for the recovery.
|
|
|
You
return these documents to us, including several original
Certificates of Status of Taxable Person (VAT66-form),
your original invoices with the required details, and
the data of your bank account.
|
You can obtain the original Certificates of Status of Taxable
Person from the local VAT authorities. One original certificate
is needed for every country you wish to recover VAT from.
In order to have your invoices accepted by the VAT authorities
it is important that you send us correct, complete and original
copies. In other words your original invoices must contain the
following information:
|
|
your
data in accordance with the Certificate of Status of Taxable
Person
|
|
|
your
address and VAT number
|
|
|
the
correct address and VAT number of your supplier
|
The corresponding detail page with a description of the amount,
the nature and the delivery date of the delivered goods should
be attached to the invoices.
You provide us with all the details concerning your bank account
on which you would like to receive the international refund.
|
|
name
and complete address of your bank
|
|
|
Sort
code (e.g. Barclays = 20-89-14)
|
|
|
account
number |
|
|
IBAN
number |
|
|
Bank
SWIFT / BIC code |
|
|
name
the account is held in
|
The application forms for VAT refund can be submitted until 30
June at the latest following the year of your invoices issue
date. Exceptions are Belgium and the Netherlands where applications
for refunds can be submitted for invoices dating from 3 and 5
years ago respectively.
Your invoices and official documents must be sent to us on 31
May at the latest. For Eastern European countries the deadline
for sending us your documents is earlier.
It is advisable to send us your invoices every quarter; by doing
so the process of recovering your EC VAT will be accelerated.
Eneman Brugge NV carries out all processing and administrative
tasks as well as the correspondence required to submit the applications
for the VAT refund.
This is done every quarter, semester or year, depending on whether
the minimum amounts, as determined by the different VAT authorities,
have been reached.
Whenever applications for refund of EC VAT and excise duties have
been submitted on your behalf, you will receive a detailed report,
containing a summary, per country, of the invoices submitted on
your behalf for each referring period.
Depending on the country our applications are accepted within
a period ranging from 6 weeks up to a year.
We work according to the NO CURE NO PAY principle. You
will only receive our invoice for our services after a successful
refund application. We only charge a commission on the amount
actually recovered, in other words, our invoice will be sent only
after the refund has been approved. Our invoices are payable within
30 days after the invoice date.
|
|