Foreign company and VAT

Tomas_S

Hi,looking for a bit of advice. I'm organising sports event together with foreign company. Do I register that company for Irish VAT to claim it back after paying for various services?

Loughc

Tomas_S wrote: »

Hi,looking for a bit of advice. I'm organising sports event together with foreign company. Do I register that company for Irish VAT to claim it back after paying for various services?

What country is the company you're working with based in?

Tomas_S

Loughc wrote: »

What country is the company you're working with based in?

They're based in Lithuania.

Loughc

Generally the rule is;
[FONT=Arial,Arial][FONT=Arial,Arial][/FONT][/FONT]
[FONT=Arial,Arial][FONT=Arial,Arial]A foreign taxable person is entitled to recover Irish VAT if the following conditions are satisfied:
> The business is not registered, liable or eligible to be registered for VAT in Ireland;
> The business does not have residence, its seat or a fixed establishment in Ireland; and
> The business has not carried out any taxable supplies in Ireland, except for:
Certain tax-exempt cross-border transportation from/to non-EU countries;
Supplies for which the reverse charge mechanism applies;
Electronically provided supplies where the foreign taxable person opted for application of the special regime for non-established taxable persons supplying electronic services to non-taxable persons.
[/FONT][/FONT]

Tomas_S

So that means, a company, that is registered in Lithuania, can come over here, do some work, pay for services and goods and then recover VAT?
And how do they recover VAT being based in different country?

Thanks

Loughc

The application must be electronically submitted through the portal of the tax authorities in the country in which the claimant is established (www.ros.ie for Ireland established claimants) at the latest by 30 September in the calendar year following the calendar year in which the expenditure was incurred. This refund claim may be submitted by the claimant or by an authorized third party service provider.

The authorized third party service provider does not have to be established in Ireland to file the refund claim, but it will need to have a tax identification number (TIN) or TAIN if an Irish agent is appointed.

They will have to satisfy the Irish Revenue Authorities that they are authorised to act on the applicant’s behalf by submitting to Revenue, a letter of Authority from the applicant and/or Power of Attorney indicating that they are authorised to submit claims and/or receive refunds, on the applicant’s behalf. The power of attorney document must:

> Be received in hardcopy format prior to the submission of the application;
> Confirm that the agent is authorised to submit claims and/or receive refunds on the applicant’s behalf;
> Contain the signatures of both parties;
> Contain the VAT no. of the client;

Tomas_S

Thanks a lot!