VATWIRE

Financial Services - Johannesburg, Gauteng, South Africa

VATWIRE Senior Management
Richard Meyer

Group Chief Executive Officer

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VATWIRE Details

Vatwire assists global Corporates to reclaim the VAT component of all international business - related travel / service expenses incurred in various countries across the globe via the 8th and 13th Directive reclaim mechanisms. Global Institutions are sitting on foreign invoices with a significant VAT component. When employees / directors travel to qualifying countries, they incur spend for business - related travel. In addition, companies incur spend in qualifying countries for services rendered and the importation and exportation of goods. With VAT rates as high as 25%, there is a significant cost saving opportunity for these Corporates. Most global Corporates remain unaware of the international VAT reclamation opportunity.The VAT refund opportunity spans from Europe to the United Arab Emirates, Australia, Canada, New Zealand, South Korea and Japan.In addition to the VAT reclamation opportunity, Foreign Investment income is frequently taxed at a high statutory withholding tax rate. With over £30 billion of Withholding Tax deducted globally, many billions are left unclaimed by their rightful owners. Vatwire offers a fully comprehensive and specialized Withholding Tax Reclamation service which supports High Net Worth Individuals, Corporates, Pension Funds, Hedge Funds, Mutual Funds, Asset Managers, Family offices and Banks, on a global basis.By using a combination of the latest cloud technology, fused with the reliability and fiscal certainty provided by Vatwire's Online operating system which is integrated with Sales Force and Expense Management system Company's the likes of SAP, Xero and SAP Concur, the Vatwire refund mechanism is the future of VAT and DWT reclamation on a global basis.Vatwire does not charge any form of upfront fees. Our fees are purely contingency based. We merely retain a percentage of the successful refunds we attain for our Global Customers.

VATWIRE logo, VATWIRE contact details
Employees: 4
HQ: +27115683388
Location: Johannesburg, Gauteng, South Africa
Revenue:
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