Businesses that participate in the ‘Good Exporter’ program can receive VAT refunds within 15 days, compared with the typical 30 day refunds. A Good Exporter is defined as a public or limited company that is VAT registered, adheres to export regulations, and must have a ratio of goods exported abroad for no less than 50 percent of total sales.
This is only available for businesses if the VAT returns are filed through the e-filing system.
For businesses that file paper returns, the VAT refunds can be received within 45 days (compared to the usual 60 days).
Source: aseanbriefing.com
