In October 2017, GTO signed a partnership agreement with one of the most famous companies in Europe for financing and refunding foreign VAT - FastVAT S.R.O.
FastVAT is the only company in the market that allows you to receive the entire amount of tax in cash at once, without waiting for an official return from the tax authorities. Normally, the VAT refund procedure takes up to 8 months, whereas FastVAT customers can receive money within a week. With help of GTO, now this service is available in the CIS region. Our clients receive detailed instructions on all types of documents that must be provided together with checks for the purchase of certain goods and services. Due to a wide range of accepted receipts, the tax refund procedure becomes affordable and profitable for both large and small transport companies.