Welcome to FEXCO VAT Refunds
FEXCO VAT Refunds Limited (FVR) is a global specialist in corporate VAT refunds. We offer a highly efficient and cost effective service to both European and non-European companies who wish to outsource their European VAT recovery activities. We act as an agent providing a single point-of-contact service allowing you to focus on your core business.
Having issued refunds to over 30,000 companies worldwide since our formation in 1992, we have the necessary experience and working relationships to expedite your claims for prompt and maximised payment.
Value Added Tax (VAT) is paid up-front on almost all essential business expenses and can account for as much as 25% of your company travel budget. Potential VAT recovery amounts are determined by the number of business travellers in your company, business travel destinations and the nature and amount of VAT expenses incurred.
European VAT legislation allows companies to recover the VAT incurred on business travel expenses. Therefore, it is imperative that every company puts procedures in place to facilitate VAT recovery. We provide a professional service to maximise your refund entitlement. Our comprehensive service provides advice on eligibility through VAT claim processing to making refunds to companies in the currency of choice.
An FVR account manager is assigned to each company account to ensure personalised service. Your account manager will advise on eligibility and will guide you through the initial steps to commence VAT reclaim procedures - then FVR will do the rest! FVR will obtain your foreign VAT refunds for your company and will charge you on the amount recovered only.
In addition to foreign VAT recovery services, FVR can prepare a schedule of your local VAT expenses i.e. the VAT incurred in your company’s home country. FVR will invoice your company for the schedule preparation and your company can claim the local VAT refund directly through your domestic VAT returns.
FVR also provides a comprehensive range of expense claim management services including compliance auditing, identification of recoverable local VAT expenditure and document management. Whether your company has an automated expense management system in place or files expense claims manually, FVR can provide an auditing service to meet your company’s particular needs.
