What is fiscal representation?
A fiscal representative is a local entity that represents foreign traders for VAT purposes, usually in countries where the traders must VAT register but cannot do so themselves. This is particularly relevant where goods exported by foreign traders are imported into foreign countries, as this usually gives the trader an immediate obligation to VAT register and account for VAT on their transactions.
In most EU member states and many countries worldwide, foreign traders are obligated to appoint a fiscal representative when registering for VAT.
For information about general and limited fiscal representation in the Netherlands, please click here.
Fiscal representation after Brexit
Currently, UK businesses trading in other EU countries are not required to appoint a fiscal representative to assist with managing their VAT registrations. However, when the UK leaves the EU on 31 December 2020, this will no longer be the case and many UK businesses will have an obligation to appoint a fiscal representative to carry on trading in lots of EU countries.
Click here to check whether your UK business will require fiscal representation in the EU countries where you’re VAT registered.
Fiscal representation from Fiscal Solutions
Fiscal Solutions provide a seamless fiscal representation service which:
- Lends foreign traders the use of our in-country business address from which you can apply for VAT registration;
- Enables foreign exporters to act as the importer of record and effectively import their goods at a price that is different from the ultimate selling price to their customer. This means that in many cases import duties are calculated at lower values providing real cost savings; and
- Provides foreign traders with an all-round VAT compliance service, including the filing of VAT and statistical returns.
Why use Fiscal Solutions as your fiscal representative?
You will benefit from our unique way in which we offer fiscal representation throughout the EU and beyond through a single point of contact. By employing a multi-lingual team of VAT compliance specialists, it enables us to deal directly with tax authorities in their language, helping you to achieve your business goals in a timely and efficient manner.
Our specialist teams collaborate to provide clients with the highest calibre of advice. We are big enough to have deep knowledge in a broad range of niche fields – and small enough to offer a personal approach.
We help you simplify today’s complexities, address tomorrow’s challenges, and take the fear out of the equation. We anticipate problems before they happen and offer tailor-made solutions. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
Get in touch
Call us today on +44 (0)20 7831 5115 or fill in the form below and a member of our team will be in touch.
What our clients say...
“From personal experience, I know how difficult, nuanced and frustrating these processes can be. Having a great partner like you is critical to our business and we are really thankful we brought you on board last year… Thank you again for your partnership, customer service and competencies. We are better because of you.”