diff --git a/pkg/helmexec/exec.go b/pkg/helmexec/exec.go
index 6c4d1332..144bc4f2 100644
--- a/pkg/helmexec/exec.go
+++ b/pkg/helmexec/exec.go
@@ -218,7 +218,17 @@ func (helm *execer) RegistryLogin(repository string, username string, password s
 
 func (helm *execer) BuildDeps(name, chart string) error {
 	helm.logger.Infof("Building dependency release=%v, chart=%v", name, chart)
-	out, err := helm.exec([]string{"dependency", "build", chart}, map[string]string{}, nil)
+	args := []string{
+		"dependency",
+		"build",
+		chart,
+	}
+
+	if helm.IsHelm3() {
+		args = append(args, "--skip-refresh")
+	}
+
+	out, err := helm.exec(args, map[string]string{}, nil)
 	helm.info(out)
 	return err
 }
diff --git a/pkg/helmexec/exec_test.go b/pkg/helmexec/exec_test.go
index d571bae2..31a21f44 100644
--- a/pkg/helmexec/exec_test.go
+++ b/pkg/helmexec/exec_test.go
@@ -337,10 +337,12 @@ exec: helm --kube-context dev dependency update ./chart/foo --verify
 func Test_BuildDeps(t *testing.T) {
 	var buffer bytes.Buffer
 	logger := NewLogger(&buffer, "debug")
-	helm := MockExecer(logger, "dev")
+	helm3Runner := mockRunner{output: []byte("v3.2.4+ge29ce2a")}
+	helm := New("helm", false, logger, "dev", &helm3Runner)
 	err := helm.BuildDeps("foo", "./chart/foo")
 	expected := `Building dependency release=foo, chart=./chart/foo
-exec: helm --kube-context dev dependency build ./chart/foo
+exec: helm --kube-context dev dependency build ./chart/foo --skip-refresh
+v3.2.4+ge29ce2a
 `
 	if err != nil {
 		t.Errorf("unexpected error: %v", err)
@@ -353,7 +355,23 @@ exec: helm --kube-context dev dependency build ./chart/foo
 	helm.SetExtraArgs("--verify")
 	err = helm.BuildDeps("foo", "./chart/foo")
 	expected = `Building dependency release=foo, chart=./chart/foo
-exec: helm --kube-context dev dependency build ./chart/foo --verify
+exec: helm --kube-context dev dependency build ./chart/foo --skip-refresh --verify
+v3.2.4+ge29ce2a
+`
+	if err != nil {
+		t.Errorf("unexpected error: %v", err)
+	}
+	if buffer.String() != expected {
+		t.Errorf("helmexec.BuildDeps()\nactual = %v\nexpect = %v", buffer.String(), expected)
+	}
+
+	buffer.Reset()
+	helm2Runner := mockRunner{output: []byte("Client: v2.16.1+ge13bc94")}
+	helm = New("helm", false, logger, "dev", &helm2Runner)
+	err = helm.BuildDeps("foo", "./chart/foo")
+	expected = `Building dependency release=foo, chart=./chart/foo
+exec: helm --kube-context dev dependency build ./chart/foo
+Client: v2.16.1+ge13bc94
 `
 	if err != nil {
 		t.Errorf("unexpected error: %v", err)