VAT News

Slovakia-New rules for certain non-established businesses

With effect from 1 January 2018, businesses not established within Slovakia may not be obliged to VAT register in the country if they undertake certain transactions.

Where a business acquires goods from another EU member state and subsequently makes an exempt intra-community dispatch, export, or distance sale of the goods, they will have the option to appoint a tax representative, which must be established in Slovakia, to report the transactions. The non-established business will then have no obligation to obtain a Slovakian VAT registration.

It must be noted that this option will only apply where the sale of the goods is made via an electronic marketplace, platform etc.

Related articles

UK-Implications of a 'no-deal' Brexit

The UK government has released guidance on the VAT impacts of the UK leaving the EU with no deal negotiated

Read more
South Korea - VAT has been extended to foreign cloud computing

The scope of VAT has been extended to foreign B2C cloud computer services.

Read more
Romania postponing VAT cut

Romania is considering postponing cutting the19% VAT rate to 18% for 2019.

Read more