In May 1985, Premier Tax Free, then known and registered as "CashBack Ltd", was incorporated in Ireland to manage VAT refunds to tourists on behalf of Irish retailers. The service was characterised by two principle features; immediate cash refunds at the principal Irish international airports and an agreement with the Irish tax authorities which empowered our company to recover VAT directly from the authorities, resulting in noticeably less paperwork and burden for Irish retailers.

During 1986 hundreds of Irish merchants registered to this new and promising service. The success of this initial development remains the foundation of our ongoing worldwide growth and expansion.

1990 –Following huge success on the Irish market, Premier Tax Free launched their Tax Free Shopping service in France. From our base in Paris, Premier Tax Free quickly grew to carry out VAT refunds for over 14,000 registered French retail outlets.

1993– Launch of Premier Tax Free UK Ltd. Premier Tax Free was chosen at that time to be the exclusive "cash refund" operator at both Heathrow and Gatwick Airports.


1995 – Premier Tax Free expands their winning formula to Switzerland, Spain and Italy in order to provide a Pan European tax refund service for the international markets.

1995 –1999 Expansion of European operations to Austria, Belgium, Holland, Germany and Portugal.

1999 – Fintrax R&D department engineered and patented an innovative credit card processing service called Dynamic Currency Conversion (DCC).

2000 – Premier Tax Free won the VAT refund concession for Government VAT refunding scheme in Australia.

2000– Awarded a concession at Toronto International Airport, Canada

2001 – Group moves into new purpose built headquarters in Ireland. Operations commenced a nationwide tax Refund company in Canada.
Fintrax DCC is launched in the UK.

2002 – Launch of “Premier Tax Free” as new Group brand and trademark. I

2002– Launch of the Express Refund Service to hotels and retailers in Canada

2003 – Premier Tax Free business established in the Czech Republic and Jordan.
Fintrax begins to introduce its DCC service into Europe.

2004 – Premier Tax Free commence operations in Singapore.

2005 – Premier Tourist Shopping Experience New Zealand is established. This service offers retailers with sophisticated and advanced sales reporting and analysis.

The Australian Government renew contract for VAT refund scheme with Premier Tax Free Australia.

Fintrax DCC services are initiated in Germany, Denmark and Portugal, making the Fintrax Group the first company to simultaneously provide Dynamic Currency Conversion in 8 countries.

2006 – Premier Tax Free Mexico is launched.

A subsidary of Fintrax (Mainline)wins an important court case in Singapore against companies infringing its DCC patent.

2008 - Premier Tax Free open an office in Budapest, Hungary.

2009 - Operations in South America intensify with the opening of Premier Tax Free Uruguay.