🇫🇷 Refund of credits from VAT returns in France

Origin of VAT credits in France

• Correction of one or several preceding monthly returns
• Previous overpayment
  

Standard procedure of the French tax office for refund of credit balances

• The information about the existing credit reaches us through our local partner.
• This credit will not be offset directly via the existing SEPA mandate for the current VAT payments in France.
• For this reason, a separate official bank certificate from the merchant must be provided to the relevant French tax authority.
• Once this verification document has been verified, the credit will be transferred to the bank account specified in the document.

Requirements regarding the proof document of your bank details

1. Specifications on the format of the official bank certificate

• Language: English or French 
• Bank account type: in principle, the reimbursement can be made to any business account

2. Specifications on the content of the official bank certificate

• Name of your company
• Company address
• Information about your business account:
• IBAN
• BIC/SWIFT
• Name of the bank
• Company address of the bank branch
• Name and signature of your client advisor at the bank
• Official stamp of the bank branch

3. Credit request - procedure

• A template of this required bank certificate can be found in the appendix of this article. This template complies with the requirements of the French tax office and can be used as a basis for confirming your existing bank account by your bank.
• After you have sent us this completed document as a scan, it will be submitted to the French tax office by our local partner.
• Afterwards you can expect the refund of the credit in the following 2-6 months.