OVERVIEW

VAT REFUND

FAST & EFFICIENT WITH A.A.C.C

Worried about the complicated VAT refund procedures, complex documentation, or potential errors when dealing with tax authorities? Don’t let these challenges slow down your business growth! Let A.A.C.C handle the process for you—quickly, accurately, and securely!

What is VAT Refund?

VAT refund is the process where a business is reimbursed by the government for the VAT it has paid, provided it meets the legal requirements. Common cases eligible for VAT refunds include:

✔️ Exporting goods or services, where input VAT exceeds output VAT.
✔️ New investment projects in the initial stage, with no revenue generated yet.
✔️ Businesses with unclaimed input VAT carried forward over multiple tax periods.

VAT Refund Process at A.A.C.C

Step 1: Information Collection & VAT Refund Eligibility Consultation

  • Gather and review the company’s financial and tax records.

  • Assess whether the company meets the legal requirements for a VAT refund.

Step 2: Document Review & Tax Refund Application Preparation

  • Verify the validity of input and output invoices and supporting documents.

  • Guide businesses in supplementing or adjusting documents to ensure compliance.

  • Prepare and finalize the tax refund application in accordance with tax authority requirements.

Step 3: Submit Tax Refund Application & Liaise with Tax Authorities

  • A.A.C.C submits the tax refund application on behalf of the business and represents the client in explaining and clarifying relevant details of the application.

  • We coordinate with the tax authorities to promptly address any requests for additional information or documentation, ensuring a smooth and efficient process.

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Step 4: Monitor the Processing & Provide Additional Support

  • Track the progress of the tax refund application through the tax authority’s system.

  • Promptly provide any additional documents requested by the tax authority.

  • Keep the business informed of the application status and processing results.

Step 5: Receive VAT Refund Results & Notify the Business

  • Verify the refund results and confirm the refunded tax amount.

  • Hand over the finalized documents and provide financial management advice for future tax planning.

Benefits of Using A.A.C.C’s VAT Refund Service

Frequently Asked Questions (FAQs)

Answers to common inquiries about our services.

1. What is VAT refund?

👉 VAT refund is the process by which a business is reimbursed for the VAT it has paid, provided it meets the conditions set forth by law.

👉 Common cases eligible for VAT refund include:

  • Exporting businesses with uncredited input VAT.

  • New investment projects that meet VAT refund conditions.

  • Businesses with a tax refund decision from the tax authority.

👉 AACC provides support for:

  • Reviewing tax records and determining VAT refund eligibility.

  • Preparing and submitting VAT refund applications.

  • Representing businesses in dealings with tax authorities.

  • Monitoring the approval process and receiving the refunded amount.

👉 Required documents include:

  • VAT declaration forms and invoice lists.

  • Non-cash payment documents.

  • Sales contracts and import/export documents (if applicable).

  • Other relevant documents as required by the tax authorities.

👉 VAT refund processing time depends on the type of application:

  • 10 working days for first-time refund applications.

  • 40 working days for applications requiring verification.

👉 Yes, the tax authority will review the application and may conduct an on-site inspection if necessary.

👉 Yes, a tax refund may be denied if the application does not meet the required conditions, contains errors in invoices or supporting documents, or fails to comply with payment regulations.

👉 AACC is committed to assisting businesses in preparing complete and compliant documentation, maximizing the success rate of VAT refunds.

👉 The service fee depends on the size of the business and the complexity of the documentation. Contact AACC for a detailed quotation.

👉 Yes, VAT refunds help businesses improve cash flow, reduce financial pressure, and utilize capital more efficiently.

Work Process at A.A.C.C

1

Receiving Service Requests

Receive customer information and requests through various communication channels.

2

Surveying the Client’s Business Situation

Collect information, documents, and assess the client's financial, accounting, and tax situation.

3

Quotation and Contract Signing

Provide a detailed quotation and sign the service contract.

4

Implementation Planning

Assign responsible personnel, establish a working team, share documents and reports, and notify clients of the work schedule.

5

Service Execution

Conduct consulting, resolve arising issues, and prepare periodic reports.

6

Fee Collection & Customer Care

Collect service fees and maintain relationships by providing ongoing support after project completion.

REASONS TO CHOOSE US

A.A.C.C Service Quality Standards

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