EU VAT registration thresholds for foreign businesses

24 December 2019

From January 2025, EU member states have agreed on providing non-resident businesses with the same VAT registration thresholds as resident suppliers. 

At present, non-resident businesses selling in an EU country have to VAT register from the first sale that they make. This is due to EU member states applying VAT registration thresholds to only resident businesses. In an effort to remove the unfair advantage this gives to resident companies over non-resident providers, EU member states have agreed to extend the threshold to all sellers from 2025.

When introduced, the registration thresholds will not be able to exceed €85,000 per year and foreign companies can only benefit from this if their total sales across the EU are below an amount of €100,000.

LATEST NEWS

Emergency VAT measures to combat the financial impact...

Due to the negative financial impact that the coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...

SEE MORE
LATEST NEWS

UK cuts hospitality and tourism VAT to 5% until...

From 15 July 2020 to 12 January 2021, the UK will cut the VAT rate applicable on hospitality services from the standard rate of 20% to the reduced rate of...

SEE MORE
LATEST NEWS

Portugal extends VAT return deadlines

The May and June monthly VAT returns due on 12 July and 12 August respectively are now due on 17 July and the 17 August. The deadline for the March to June...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.