Norway-Asia Business Review - - Snapshots -

The world’s Num­ber One Tax Free hop­ping net­work b.

Gov­ern­ments waive VAT/GST for goods ought by in­ter­na­tional vis­i­tors,

Tax Free Shop­ping (TFS) en­ables these Globe Shop­pers to re­claim VAT/GST on the pur­chases they take with them at the end of heir trip.

Global Blue man­ages tax re­funds for mer­chants, en­abling them to fo­cus on sell­ing ather than ad­min­is­tra­tion.

Global Blue was es­tab­lished in 1980 in Swe­den as Tax Free Shop­ping and has since grown .1,800 o 30 mil­lion trans­ac­tions in 51 coun­tries.

em­ploy­ees world­wide 300,000 mer­chants with TFS solutions orld­wide

EUR 21 bil­lion sales in stores in 2016 world­wide

EUR 12 mil­lion in Dynamic Cur­rency on­ver­sion trans­ac­tions in 2016 world­wide

In Nor­way, top five coun­tries in value are China, USA, Ger­many, UK and Thai­land

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