What are the benefits of VAT registration?

VAT registration is a lawful obligation that is imposed on businesses carrying out taxable supplies in a particular jurisdiction, subject to conditions. Businesses that are eligible or liable to VAT register in a country are not entitled to apply for a direct VAT refund from that country. However, once your business has become VAT compliant by registering for VAT, it is also entitled to claim back VAT on purchases which it would otherwise not be able to get back.

When your business chooses Taxback International to assist you with the registration and subsequent filing and reporting obligations, you will be confident that your business is VAT compliant in that jurisdiction.