How to get VAT refund on company purchase?

This article explains what to do if you have won an item at auction, plan to take it abroad, and need an invoice without VAT.


ARTICLE CONTAINS:


In all Huutokaupat.com sales, VAT is paid at the time of purchase. 

Foreign companies operating within the European Union may apply for a VAT refund afterwards. We will refund the VAT once the required conditions are met.


Criteria for VAT refund

  • The item must be purchased by a company and paid from the company's account. The payer cannot be a private individual.
  • The item is taken abroad
  • All the requested documents for the VAT refund have been properly submitted to Huutokaupat.com's customer service


Application of VAT refund

The item must be purchased in the name of a non-Finnish company and paid from the company's account. 

In addition, we need all of the following: 

  • Export declaration (see the attachment at the end of this article)
  • Bill of lading (e.g. ship tickets, cargo dispatch note) or equivalent official document of export 
  • Buyer Company banking details (IBAN and BIC/SWIFT code)
  • VAT number of the company
  • Billing address of the company 

You can send the required documentation with attachments to asiakaspalvelu@huutokaupat.com. Please us "VAT refund" as the subject of your message. We will review the information and request additional details if necessary. You will receive a confirmation from us once the refund has been completed.


How long it takes to handle the refund

Before the refund can be processed, Huutokaupat.com must have received all the required information. Please send all the necessary documents together in a single e-mail, as soon as possible after the item has been exported.


Once all the information is complete, handling takes usually several weeks. As a rough estimate, the VAT refund will take about 3-8 weeks. You will receive an acknowledgment by e-mail once the refund has been completed.


Can the auction item be paid for without VAT?

The auction can never be paid to Huutokaupat.com without VAT.


If the company that listed the item is willing to make a direct deal with you and take full responsibility, this can exceptionally be arranged for items exported from Finland.


In a such case, the transaction is carried out directly between the listing company and the buyer, i.e. a user-to-user transaction ("Käyttäjien välinen kauppa"). Huutokaupat.com is not a party to the transaction. The company that listed the auction will issue you the invoice and is also responsible for all other sales documents as well as any after-sales matters or complaints.


If needed, please contact our customer service and we will help clarify the matter with the listing company.


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