Recuperación del IVA en Viajes de Negocios

VAT Recovery on Business Travel: A Complete Guide for Colombian Companies

In today’s interconnected business world, international travel remains essential for companies expanding their global presence. Consequently, there are expenses companies need to take on, and there are expenses that can be recovered. Many Colombian companies, don’t seem to realise they can recover Value Added Tax (VAT) paid during international business travel. Let’s take a deep dive and break it down to study what it is, and how VAT refunds work for Business Travel.

VAT Recovery

Foreign VAT Recovery for Businesses in the USA

If you have a business in the USA, and travel to other countries on business, you should be recovering Foreign VAT (Value Added Tax) on expenses paid. The deadlines for submitting your documents for VAT recovery from the EU and other countries are fast approaching – mostly June 30, and December 31 for UK. This is when many US businesses that travel overseas for business, often drop the ball on foreign VAT reclaim.

VAT Refunds on Business Travel/ Devolución del IVA

VAT Refund on Business Travel – VAT Recovery upto 20% on Business Travel Expenses

It may surprise some business executives to know that when they travel internationally for business to VAT-refunding countries, they’ve been paying Value Added Tax (VAT). This VAT expense can be refunded, amounting to significant savings. We’re here to enable you to unlock significant savings via VAT Refunds on Business Travel, accommodation, and more. VAT refunds are an important part of optimising business expenses. Let’s start with an overview of VAT.

Travel Blog - by Mano Chandra Dhas

Welcome to My Travel Blog

When I looked at what sort of Travel Blogs are out there on the Net, I came across hundreds. They are mostly Leisure Travel Blogs sharing information on destinations, or how to construct your trip. There are lots of tips. Many dos and don’ts. I have also seen some Business Travel Blogs that cater mainly to corporations; not too many of those, however.