Value-added tax, which resembles the Japanese consumption tax, is a form of indirect taxation on goods and services. The VAT rate in Europe ranges from 20% to 25%, but through a system covering business transactions, you may be able to receive a refund as a foreign business, thereby multiply your overall profitability. OPTI Co., Ltd. is a leading provider of VAT refund services, harnessing IT solutions to maximize the reclaimable amount. Furthermore, we offer a free refund simulation to calculate in advance how much you can increase your revenue using our services.
Contact us today to reduce costs and skyrocket the performance of your company.
VAT (Value-added Tax) applies to business trip expenses and the provision of services in Europe. Our team specialises in following the correct procedures to reimburse this amount in full on your behalf.
To catalyze ongoing progress, businesses must channel advanced techniques to save resources for strategic investment. The VAT refund method ensures reduced costs whenever a refund application is filed correctly before the deadline. At OPTI, moreover, we perform a free simulation to determine the expected refund amount and operate on a success fee basis to save your company money every time.
We charge different fees for our consulting services and audit of invoices subject to a VAT refund, offering discounts for high volumes of documents. Please contact us to find out more.
Name: VAT |
Name: TVA, BTW
Standard tax rate: 20% (from January 2014)
Reduced rate: 10% (foods, restaurants, etc., from January 2014)
Reduced rate: 5% (Water, etc., from January 2014)
Super reduced rate: 2.10% (Newspaper, medicine, etc.)
Expenses subject to refund: intercompany transaction, expatriate office expenses, meal fees
Non-resident VAT refund to Japanese companies: possible
Standard value added tax refund period in France: 2 to 4 months
Name: MWST, UST
Standard tax rate: 19%
Reduced rate: 7%
Expenses subject to refund: intercompany transaction, expatriate office expenses, meal fees, hotel fees.
Non-resident VAT refund to Japanese companies: possible
Standard value added tax refund period in France: 3 to 12 months
Concur launched a cloud-type (SaaS) billing management system "Concur Invoice", which is a major invoice management system in the Japanese market. As a partner company, Mr. Sakami from Takkyubin Japan attended their seminar.
0ur company regularly imports machinery into the EU for maintenance. We used to lose enormous amounts of cash on import VAT and contacted OPTI to find a solution for the problem. With their help, we not only reduced our VAT payments, but also implemented a location change scheme that allowed for a permanent VAT refund. This initiative saved us millions of yen in needless expenses.
(Client C company: major plant business)
Our company wanted to reduce our VAT expenditure in Poland, Ukraine and other former Eastern European countries. Given that these countries do not handle regular refunds and we incurred the VAT several years ago, we doubted whether we would be able to recover the lost cash.
Enlisting OPTI’s VAT refund consulting services, we outlined our situation and gave an account of the uncertainties. To our relief, we received the anticipated refund and will look to use their services in the future to recover travel expense VAT costs because of this result.
(Client B Company: Manufacturing Industry)
A huge VAT bill of 100 million yen burdened our company. Interested in getting a refund, we nonetheless anticipated this to be challenging due to the scale of taxation we faced.
From the CEO’s article on taxation for JETRO (Japan External Trade Organization), a government agency, I thought OPTI an ideal candidate to tackle our programme. As expected, their knowledge on VAT proved extensive and detailed. We faced several difficulties throughout the process and had to negotiate with local tax authorities many times, but came to the satisfying result of securing the refund.
Mr. Hamada
Furukawa Electric Industry Co., Ltd.
Address: 4th Floor, Ogawa Bldg.,
1-2-2 Uchikanda,
Chiyoda-ku, Tokyo, 101-0047
Japan
Tel: +81-50-1790-8995