EFFORTLESS TAX RECOVERY IN OVER 40 COUNTRIES

TecEx Tax Refund provides full tax recovery services for companies that are subject to indirect taxes in foreign countries. We specialise in the recovery of taxes incurred by networking companies shipping equipment to data centres abroad. These taxes include import VAT; customs taxes; co-location taxes and taxes on the local purchase of equipment.

AM I ENTITLED TO A REFUND?

If your company incurs expenses in any of the refund countries tabled below, and your answer is yes to any of the following 4 questions, you are due a refund:

  1. Do you ship equipment overseas to an import VAT refund country where you retain ownership of the equipment?
  2. Do you store equipment in foreign data centres located in a refund country?
  3. Do employees of your company travel or participate in trade shows in a refund country?
  4. Do you purchase equipment in a refund country?

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VAT REFUND COUNTRIES

Non-resident corporates who incur expenses in the countries tabled below are entitled to a tax refund.
The refund opportunity differs depending on the country of incorporation of the company applying for the refund.

Table 1  EU incorporated companies may obtain VAT refunds from the following:





Table 2  Non-EU incorporated companies may obtain VAT refunds from the following:





THE TECEX DIFFERENCE

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    NO UPFRONT COSTS

    No refund
    – No fees

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    ONLINE PORTAL

    Track refund
    progress

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    GLOBAL REACH

    Refunds FROM over
    40 countries

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    TECH SPECIALISTS

    Preferred partner of
    global data centres

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    HANDS ON SERVICE

    Personal relationship with tax
    offices in over 40 countries

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USED BY THE BEST

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  • netapp
  • cloudflare
  • hardware-networks
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  • gtt
  • Exclusive-Networks


FAQS

TecEx Tax recovery

  1. Import VAT refund
  2. Colocation taxes
  3. Foreign suppliers – Equipment & goods bought from a foreign supplier in a refund country
  4. Employee business related travel & expenses in a refund country

The refund country for each type of tax is different, however TecEx are able to recover most of these type of taxes in over 40 countries, for example in the European Union, UK, Switzerland, Norway, Australia and Japan. Refer to the table above for the list of refund countries
This is also refund country dependant.
For most of the countries in Europe you can claim import VAT refunds up to 18 months back, however in the Netherlands import VAT refund claims are valid for up to 5 years.
Australia provides you the opportunity to claim import VAT and other taxes 4 years back.
Japan only provides recovery going forward.
The claiming process is complicated given the fact that each country has their own VAT rules and regulations that needs to be complied with. Penalties are also applied if the claim isn’t processed correctly.

VAT IT has established relationships with the various VAT authorities as well as 14 years of experience in the industry. This makes the claiming process as smooth as possible for our clients.

Import VAT:

The full amount of import VAT is recoverable in the refund countries (see above), however import duties are never recoverable.
The import VAT charged on most DDP shipments is recoverable. This is when the party outside the country of import is responsible for the payment of the duties and import VAT. The conditions for import VAT refund on DDP shipments requires you to retain ownership of the goods imported. There are exceptions to this rule, please contact us to receive further information.

Colocation taxes:

The data centre that you have selected to use to store your network equipment for example; Equinix, Interxion, Telecity and Telehouse will charge you for the colocation service they provide. These invoices can be inclusive of recoverable VAT. This is over and above the import VAT paid on import.
This type of VAT is known as Colocation taxes.
If you store equipment in a foreign datacentre located in a refund country we will be able to assist you in recovering those taxes.
Refer to the table above for the list of refund countries

Foreign Suppliers – Equipment & goods bought from a foreign supplier in a refund country

If foreign VAT was raised on invoices from foreign suppliers in a refund country the VAT will be recoverable under certain country-specific conditions.

Employee business related travel & expenses in a refund country

Each refund country has specific rules on which type of travel & expenses are recoverable, examples of these expenses are meals, accommodation, taxis & car rental.
Refer to the table above for the list of refund countries
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