The first step in VAT reclaim is an analysis of the possibility of VAT recovery based on documents presented by the client. The VAT reimbursement procedure implies a number of different activities: screening and analysis of available documents, selection of valid documents, direct consultations with the client, creation and submitting of the application, etc.

We do not charge any expenses until client reclaim application is approved. In order to obtain VAT recovery, the following documents are needed: original invoices (preferably issued to company name), a certificate of local tax administration that the company is covered by the VAT system and other documents required by tax administrations of countries which are to refund VAT.
Serbian companies may obtain refunds from Austria, Belgium, Bosnia and Herzegovina, Montenegro, Denmark, Finland, France, Ireland, Island, Luxemburg, Macedonia, Malta, Monaco, Germany, the Netherlands, Norway, Slovenia, Sweden and the UK.

Requests for foreign VAT refund are to be submitted within 6 months from the expiration of previous year in the majority of the EU countries and the former Yugoslavia region. Meaning, the deadline for submitting applications for all invoices issued in previous year is 30th June of current year in the majority of countries. An exception is the UK where a fiscal VAT year for non-EU clients implies the period from 1st July of previous year to 30th June of current year, which means that the deadline for submitting applications for invoices issued in the period from 1st July of previous year to 30th June of current year is 31st December of current year.

Another exception is the Netherlands where VAT refund applications may be submitted retroactively for the period of 5 years.

Certain countries allow successive submitting of applications within a calendar year (quarterly or semi-annually), and some countries envisage that applications may be submitted only after calendar year expiration.