Everything You Need to Know about EU VAT Registrations
When your business expands outside your country of establishment, dealing with different EU VAT registrations can be difficult. Depending on the region, VAT gets applied differently depending on your customer taxable status, your supplies, and the specific rules of the country.
When is a business required to register for VAT?
If you are an online seller or sell across borders, do you know when your company must VAT register in the country you are supplying to?
VAT filings and returns are not an option, they are an obligation.
November 2020: 60% of businesses struggle to manage their VAT registrations, filings and returns.
E-Commerce 2021: Big changes to VAT compliance requirements within EU and UK
6th October 2020: In 2021, the UK and the EU will introduce a number of VAT compliance changes in relation to cross border, business to consumer activities.
Portugal: New obligations to effect all VAT registered companies.
26th July 2019: By 31 October 2019 all companies must be registered in the central register of beneficial owners.