Vattax is a digital platform for automatic refund of EU VAT. The platform manages the company’s VAT refund process without manual handling. Vattax has developed advanced software that integrates data for expenses and uses machine learning and AI, all in order to automate the process. Over a number of years, Vattax has helped both larger and smaller companies get EU VAT back – we are also ready to help your business!
Over 80% of SMEs in Europe do not apply for a refund of EU VAT to which they are entitled to return. For some companies, this remains unknown, but we find that for the most part, it is difficult to find the resources to collect, structure and apply for EU VAT refunds. Many end up giving up because the investment in the application does not match the yield. Vattax has set out to make this possible for companies, and in collaboration with Cardlay & PwC has developed a smart digital solution. Vattax focuses on the Nordic countries and helps reimburse EU VAT from all European and EU countries.
Vattax has been around since 2017 and is an independent organization and management under Cardlay and consists of specialists with experience in software development and EU VAT refund. Vattax is 100% owned by Cardlay A / S and shares technical platform with Cardlay.