As an online retailer, it is critical that you understand the VAT obligations and liabilities of selling to customers in the EU and beyond.
If your business requires a VAT or GST registration anywhere in the world, VAT Global offers a complete service.
VATGlobal's centralised solution is led by a team of compliance specialists who will manage all periodic statutory declarations on your behalf.
Our experienced team of VAT consultants provides the expertise your business needs to deal with international VAT issues.
Why would my company need to register for VAT and what are the important considerations?
Once registered, you will need to be aware of the various returns that need to be filed and how all transactions should be declared.
Detailed explanations of various VAT issues, including VAT treatment, structuring and special schemes.
There are certain industries and regions that will have special VAT rules or requirements.
Businesses who provide goods or services in a jurisdiction with a VAT regime must comply with the relevant VAT laws of that country, and this will often include registration and filing requirements.
All EU and many non-EU countries permit non-resident VAT registration if a business undertakes taxable activity in the country. Rules for registration may differ to those for local businesses.
If a business no longer makes taxable supplies in a country, and has no reason to be registered for VAT, de-registration or de-activation from VAT may be required.
If businesses are not established in a country, local representation may be required to register for VAT and remain compliant. This is particularly important for non-EU businesses.
Obligations to register for VAT may arise at various points. Businesses must ensure registration is effected at the correct time to avoid non-compliance and the imposition of penalties and interest.
When goods are brought into the EU, duties and VAT will be due from the importer of record, who requires an EORI number. Businesses must consider the structure of their imports.
A few European tax offices will require that your company documents and registration forms are "notarised and apostilled" before you can submit them to the authorities to apply for a VAT registration.