Historically, if a company supplied services from one country into a foreign jurisdiction, there would be no foreign VAT implications. However, with the advent of the digital world, more and more companies are beginning to offer their services via the internet/digitally. This new form of
This VAT on sales (also known as a consumption tax), places an administrative burden on Digital Service Businesses. This is coupled with the inherent complexities of dealing with foreign tax offices, such as: Language barriers Complex registration and filing requirements Varying filing frequencies Requirements for
Once registered for VAT in one or multiple countries, your sales that originate in those countries or sales that are made to customers in those jurisdictions, must be treated in accordance with the local VAT legislation. There is a lot to consider, including: Should VAT
Businesses who provide goods or services in a foreign jurisdiction with a VAT regime must comply with the relevant VAT laws of that country. There are several cases where it will be a legal obligation for a company to register for VAT in the country
The process of applying for a VAT registration in a foreign jurisdiction can be complicated, especially if your company does not have a permanent establishment in that territory. Vatglobal will provide you with a simple checklist of the requirements for making this application. Once we
In many cases, businesses who are established outside the EU are not allowed to register for VAT unless they appoint a Fiscal Representative The fiscal rep must be tax registered and willing to act as the local representative of the company, managing with queries and
The vatlobal solution is unique because we appoint a dedicated account manager to hold your hand during your journey into the complex world of global VAT. Your account manager will be an expert in VAT for your specific industry, with experience and passion for professional
Vatglobal’s unique technology-enabled outsourced solution is provided by a team of specialists based in London, New York, China and South Africa. We will allocate a single point of contact to be your dedicated Account Manager for all jurisdictions. Regardless of the number of countries or
If your business has a VAT registration or operations in Spain, then you’ll probably already know how important (and cumbersome) the SII filing system is to understand. If you’re about venture into Spain and need to register for VAT, then the below information provides a foundation of understanding SII.
If your digital services business has not registered for GST in Singapore as yet, time is ticking.