VAT INTERNATIONAL, founded in 1995, are international VAT specialists. It has an enviable reputation with over 150 blue chip clients. In 2013 the company expanded its market to include SME’s and medium-sized clients globally. As its name implies, the company provides a range of VAT related services, viz. the recovery of foreign and local VAT, foreign VAT registration and the preparation of VAT returns, intrastat returns and associated documents in any country; and Forensic VAT Data Analysis (the identification of potential VAT errors aided by unique bespoke software).
The company’s aim is to provide an integrated systematic check of VAT data at every stage to ensure the correct application of VAT and associated EU reporting legislation – regardless of the size of the client or its nationality.
There is very limited competition for the forensically backed services as standard accountancy software only prepares basic VAT returns. As far as full VAT forensically backed VAT reviews are concerned, competition is small with only the big four accountancy firms and very few others able to offer comprehensive review on a global scale. The company expects to launch a licensed version of the software during the next few months.
Note – VAT International is the trading name of Global VAT Corporation PLC