What countries we can reclaim your paid foreign VAT from, depends on your company's relations with that country. If you sell goods or services that are partly or completely VAT-exempt, we can only reclaim part of your expenditure.

Your relation to the application country can be split into four main categories:

  • No local registration in the application country
    We will typically be able to reclaim VAT on your behalf.
  • Local entity, and some expenses on the Pleo account is consumed by the local subsidiary
    You need to specify what expenses was used in the local subsidiary's accounting, so that we don't reclaim those (i.e. a category in Pleo used for intercompany invoicing) - other than those, we will typically be able to reclaim VAT on your behalf.
  • Local entity, but all expenses on the Pleo account is consumed by the account entity
    We will typically be able to reclaim VAT on your behalf.
  • Entity registered for VAT in application country
    I.e. if you have significant sales to consumers in the application country, but doesn't have a local entity. In this case, we will not be able to reclaim your VAT in those application countries.

If you're unclear about your VAT status for a given country, we can help look it up for you when you sign up.

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