Tax credit recovery
We handle the recovery of your tax credits with SENIAT: your own money from VAT, withholdings or overpayments. From $120.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- Companies with accumulated VAT paid on purchases or VAT withholdings, exporters, and taxpayers with overpayments who have money in their favor at SENIAT and want to recover it instead of letting it go to waste
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Analysis to detect the tax credits in your favor.
- Quantification of the recoverable amount.
- Building the case file with the supporting documents SENIAT requires.
- Handling of the recovery request with SENIAT.
Does not include
- Full accounting for the period (separate service: Monthly accounting).
- A guarantee that SENIAT will approve the full amount (that depends on the tax authority and on the supporting documents).
- Handling any resulting tax audit (separate service).
- In-depth legal advice.
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Current company RIF (Venezuelan tax ID)
- VAT returns for the period
- Receipts for the VAT withholdings applied to you
- Accounting records and supporting documents for the transactions
- Your contact details so we can coordinate
How the process works
You do very little. We take care of the rest.
- Step 1
We find the credit
We analyze your situation and locate the credit in your favor.
We do this - Step 2
We quantify it
We calculate the recoverable amount and build the case file with the required supporting documents.
We do this - Step 3
We file with SENIAT
We handle the recovery request with SENIAT.
We do this - Result
Done
We stay with you until the credit is recognized.
You receive it
It depends on how complex the case is and on the timelines of SENIAT (Venezuela's tax and customs authority); we give you an estimate once we review it.
What it costs and how to pay
There are two separate payments, and we want you to see them clearly.
Our fee: we do all the work for you.
The agency's fees, if any. It goes straight to the agency, and we give you the exact amount, with its receipt, before you pay anything.
How you pay: 50% when we start and 50% on delivery. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment covers our handling of the recovery. What you pay us is our professional fee, from $120, for the analysis, the case file and the handling. It goes up based on the amount and the complexity
There's no government fee to request the recovery Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I have tax credits and don't claim them?
It's your money staying at SENIAT: VAT paid on purchases, accumulated withholdings or overpayments that nobody will return to you unless you request them properly.
What are tax credits?
Money in your favor from VAT paid on purchases, accumulated withholdings or overpayments.
How much does it cost?
The professional fee, from $120, covers the analysis, the case file and the request; it's adjusted based on the amount and the complexity.
How do I know if I have any?
Your accounting records and tax returns need to be analyzed; we spot them for you.
Does SENIAT always pay it back?
It depends on the supporting documents and on SENIAT's review; that's why the case file is key.
About this procedure
This is one of the worst-kept and least-used secrets of the Venezuelan tax system: many companies have money in their favor at SENIAT and don't even know it. These are called tax credits, and they build up in several ways: the VAT you pay on purchases that exceeds the VAT you charge, the VAT withholdings applied to you that keep piling up without you being able to offset them, or payments you made in excess. It's your money, legitimately yours, sitting there waiting to be claimed.
The catch is twofold. First, almost nobody knows they have that money in their favor, because you have to analyze the accounting records and tax returns to spot it. Second, even when you know, the recovery procedure with SENIAT is one of the most technical and demanding there is: it takes flawless supporting documents, a well-built case file and knowing how to navigate a process the tax authority doesn't make easy, because nobody likes giving money back. That's why so many companies leave that money abandoned, when it could actually bring real relief to their cash flow.
We get it back for you: we analyze your situation to find out how much you have in your favor, build the case file with the supporting documents SENIAT requires, and handle the recovery of your tax credits. It's one of the few services where our work turns into money coming back to your company. The price starts at $120 and is adjusted based on the amount and the complexity of the case. An advisor reviews your case and confirms before we start, no strings attached.
Legal framework and important notes
Código Orgánico Tributario (Organic Tax Code) · Ley del IVA (Value-Added Tax Law)
- Tax credits are amounts in the taxpayer's favor (VAT paid on purchases, accumulated VAT withholdings, overpayments) that can be recovered from SENIAT through a technical procedure that requires a well-supported case file
- Approval of the amount depends on SENIAT
- Our professional fees cover the analysis and the handling
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
Is your case different?Ask us, message us on WhatsApp or book a free consultation. A real person answers you.