If you are doing business between the EU and the UK then Brexit comes as a new challenge to deal with. New regulations and requirements are currently enforced and you must ready your business to minimize the impact. Use our online tool to find out if you require a VAT registration in the UK.
Our Brexit-proof VAT Compliance services make sure your company is safe from Brexit allowing you to focus on growing your business.
Everything you need to know about VAT registration, returns, VAT rates, Invoicing, Tax Representation (if applicable), Intrastat, and your legal duties in the UK is conveniently located right here!
From 1 October 2022, import declarations must be made through a new system Customs Declaration Service (CDS).
We investigate whether your current VAT registrations are sufficient after Brexit or new ones are required. Since your business model will have a direct impact on this, our VAT experts will perform a full assessment of your situation to determine the best solutions for your company. If a VAT registration is the best option for you, we prepare and file all required documents on your behalf, in order to be issued all required VAT numbers as soon as possible. Thanks to our excellent and long-lasting working relationships with tax authorities around the world, your VAT registration will be a smooth and efficient process.
Fiscal representation will be another issue to deal with before Brexit, as certain countries require to non-EU businesses to appoint a VAT representative to be able to be VAT registered. In addition, only specific companies who comply with exhaustive requirements and are approved by local tax authorities can be appointed as Fiscal Representatives. Global VAT Compliance Fiscal Representation services comply with all these requirements and GVC can act your Fiscal Representative in all your required countries.
Now that the UK has officially left the EU VAT reporting will suffer changes as well. Depending on your businesses, some reportings will no longer apply and new ones will arise. A thorough assessment of your situation will be crucial for the correct application of import and export rules which will have a direct impact not only on VAT and customs requirements and returns but on the physical move of goods as well.
In addition to VAT registrations, if your business involves import or export of physical goods into the EU or UK, there is a possibility that you may require a new EORI number. This will ensure you can continue your operations avoiding costs and delays when clearing customs. Global VAT Compliance Brexit Solutions will help you in this matter as well.