Managed Compliance

Global VAT: The most dominant and complex of taxes

February 26, 2021

VAT is everywhere but it’s a complexity of small differences. This article gives simple solutions to the complex, expensive and confusing problem of global VAT, In theory, VAT is simple. The principles are easy enough to understand. There is broad

MTD for VAT — A New Compliance Rule for UK Businesses

Vatglobal’s automated VAT solution for e-commerce sellers

November 27, 2020

If your business sells goods to private individuals around the world (e-commerce sellers), whether it be via your own web shop or a platform, it is highly likely you will have multiple VAT compliance obligations. Vatglobal offers a technology-enabled managed

Digital Services: VAT obligations and considerations

Automating VAT Compliance in the Digital Age

November 25, 2020

VAT Compliance is a loaded term, so it’s important to define it before we dive in. For the purpose of this discussion, VAT compliance will refer to 3 primary areas: Ensuring your business is VAT registered in all jurisdictions where

Centralised VAT Compliance for Global Traders

November 25, 2020

Your business has more important things to worry about than VAT, but unfortunately it is the most complicated tax in the world and most tax offices across the globe treat compliance with their VAT legislation and receipt of the associated

Deep Dive into the Reverse Charge Mechanism

November 5, 2020

The EU created the concept of the reverse charge mechanism to make it easier for both sellers and buyers to account for the VAT correctly without requiring foreign VAT registrations or having to go through the arduous process of cross-border

VAT Registrations: Non-resident, retrospective & de-registration

October 12, 2020

Why Register for VAT in Foreign Jurisdictions? Businesses who provide goods or services in a foreign jurisdiction with a VAT regime must comply with the relevant VAT laws of that country. There are several cases where it will be a legal obligation for a company

EU VAT number registration: What You Need To Know

September 25, 2020

Introduction If your business is operating or selling goods to EU member states, you are obligated to apply for an EU VAT number registration. Furthermore, depending on the services or goods you sell, you may also need to register in

Should Your Business Be Paying Provincial Sales Tax in Canada?

September 21, 2020

Foreign businesses may be liable to provincial sales tax in Canada. However, because the legislation is changing quickly and it’s not at a national level, keeping track of how you’re meant to remain compliant is difficult. This article highlights the

Why businesses who offer services online (streaming, apps, software) need to worry about VAT. Everywhere.

June 15, 2020

Historically, if a company supplied services from one country into a foreign jurisdiction, there would be no foreign VAT implications. However, with the advent of the digital world, more and more companies are beginning to offer their services via the

Managed Compliance for Digital Services businesses

June 15, 2020

This VAT on sales (also known as a consumption tax), places an administrative burden on Digital Service Businesses. This is coupled with the inherent complexities of dealing with foreign tax offices, such as: Language barriers. Complex registration and filing requirements.

Managed Compliance