VAT is the first step to ensure your business is legally registered to sell in the EU.
Expanding to the EU and becoming VAT registered comes with some legal requirements, that we wanted to touch on in order for you to understand the importance of this step.
Staying compliant with tax regulations in every market that you serve in Europe is a big but essential task.
Just like the Internal Revenue Service in the U.S., tax authorities in Europe do not look kindly upon businesses that don’t follow the rules.
Your company may end up liable for severe penalties if you fail to accurately record and submit VAT information.
We also understand that it’s not in everyone’s power to ensure this compliance on their own. Filing from which is where we come in.
Here at Global E-Commerce Experts under our VAT services, we can offer you the below.
For the UK:
VAT compliance on a monthly, quarterly or annual basis depending on the filing frequency for that given country
• Data processing for VAT returns
• Evaluation of EU data
• VAT return submissions on a monthly, quarterly or annual basis depending on the filing frequency for that given country
• Unlimited consultation by phone and e-mail
• Liaison with the tax authorities on your behalf
• Use of our UK address as a fiscal address for VAT purposes in the UK
• Provide assistance should HMRC investigate your UK VAT account
Plus fiscal representation in France, Italy, Spain.
Please note that while our services are optional and you can complete the UK VAT returns yourself no problem, we understand that for overseas sellers, trying to understand UK and EU regulations can be extremely challenging which is why we aim to take away this confusion with our resident Tax and VAT experts.
If you would like to discuss this further before proceeding, please book into one of the teams calendars that suits your time below…
Alternatively, if you are unsure and have some further questions please do not hesitate to get in contact here and we will do our best to provide you with as much information as possible when it comes to becoming VAT compliant in the UK or any other queries you may have.