Multichannel retailing

Global VAT Compliance set up of tax function and compliance for a multichannel retailer of sport shoes.

A major seller of sport shoes and accessories acted as a manufacturer and wholesaler only. In 2015 it decided to start up an new retail channel, both online and brick and mortar.

Global VAT Compliance assisted with the set up of VAT registration in over 20 EU countries and assisted with its partner firm to set up tax reporting and statutory accounting in all countries where high street stores and factory outlets where opened.

With the help of GVC on the VAT and Income Tax side, the company within 5 years had a pan European retail presence both online and brick and mortar.

Although GVC handle only Indirect Tax Compliance. With our strong network of partner firms, we can assist with support on most Tax obligations.