VAT News

Greece Announce UK Businesses Will Require A Fiscal Representative in They Leave the EU Without a Deal

In the event the UK withdraws from the European Union on October 31st without a withdrawal agreement (a no-deal Brexit),companies which are established in the UK and have obtained a Tax Identification Number (VAT Registration Number) for VAT purposes in Greece, will now have to appoint a fiscal representative in Greece should they wish to continue to perform taxable transactions after the withdrawal date.

However, it was clarified that in cases where a tax representative is not appointed after the withdrawal date, the VAT Number can only be used for the fulfilment of their VAT obligations, such as submission of VAT returns and payment of VAT due, for transactions that were carried out up until the UK’s withdrawal date.

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