The Coronavirus outbreak has lead to a surge in the usage of certain digital services such as online gaming and conferencing apps. Tech companies within these industries are seeing an unprecedented increase in users
As of 1st April 2020, South Africa will widen its definition of what constitutes a “Digital Service”, forcing many foreign digital businesses to register for VAT in South Africa, or else, they will risk non-compliance and penalties.
Acquiring a company VAT number in New Zealand entails registering for domestic GST. With it’s close proximity to Australia and South East Asia, New Zealand is fast becoming a favourable destination for international business.