Why is VAT registration required?
When businesses sell goods or services in foreign countries, they may have an obligation to comply with VAT or other indirect tax laws in the country where their transactions are taking place. This obliges businesses to register for VAT in the country of the transaction and, in most cases, they will need to account for VAT on their supplies.
The types of transactions that can oblige businesses to VAT register include:
- Importing goods into the country for sale;
- Buying and selling goods locally;
- Storing goods in a warehouse, as consignment stock or in a fulfilment centre; and
- Organising an event in the country (specifically if there is paid admission to the event).
If a business does not VAT register, they may face financial penalties and interest charges for any taxes not reported or paid late. It is, therefore, essential that you understand the legal requirements for VAT registration in each country you are trading in and register immediately if you do have a requirement.
VAT registration from Fiscal Solutions
Fiscal Solutions provide an efficient VAT registration service which:
- Lends foreign traders the use of our in-country business address from which you can apply for VAT registration;
- Grants access to our multi-lingual team of VAT specialists, which enables foreign traders to provide all information requested in the language of the country of registration, speeding up the registration process; and
- Provides foreign traders with an all-round VAT registration service, including information on how to stay compliant after the VAT number is in place.
Why use Fiscal Solutions for your VAT registration?
You will benefit from our unique way in which we provide VAT registration support throughout the EU and beyond, via 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 own language, helping you to achieve your business goals in a timely and efficient manner.
Whether you need to VAT register in a single country or if you have a requirement to register in multiple jurisdictions, we can help. Our specialist team provides clients with the highest calibre of advice, using our in-depth knowledge of the VAT registration process built up from decades of experience.
We help you simplify the complexities of the VAT registration process, address tomorrow’s challenges in regards to the VAT reporting, 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.”
Client