VAT IT Reclaim vs. Fonoa

Most businesses leave 10–14% of reclaimable VAT on the table. Not because the money is not there, but because the process of getting it back is fragmented, jurisdiction-specific, and time-intensive enough that it falls off the list. We fix that. VAT IT is a specialist in VAT reclaim, operating across more than 49 countries. We recover VAT on business expenses incurred in jurisdictions where your company is not established, covering spend on travel, accommodation, events and exhibitions to imports, tooling, marketing costs and industry-specific spend.

Fonoa is the first global tax automation platform that allows you to validate tax IDs, calculate taxes, generate invoices and e-invoices, report transactions and file your tax returns through a single solution. 6 reasons to choose Fonoa: 1. Comprehensive Global Tax Technology Solution - Fonoa is the only provider that offers a full suite of tax automation products on a global scale: tax ID validation, invoicing and e-invoicing, calculations, and returns. 2. Fast implementation - Our enterprise solutions are on average implemented 16 times faster than the legacy players.