Read more
Read more
Read more
Why choose Global VAT Compliance:
we help you grow internationally
for a personalized support
VAT news & updates
|
Country
|
Code
|
Standard VAT Rate
|
Reduced VAT Rate
|
Distance Selling Threshold
|
European Commission information |
|
Austria
|
AT
|
20%
|
10/13%
|
€ 35,000
|
+ info |
|
Belgium
|
BE
|
21%
|
6/12%
|
€ 35,000
|
+ info |
|
Bulgaria
|
BG
|
20%
|
9%
|
BGN 70,000
|
+ info |
|
Cyprus
|
CY
|
19%
|
5/9%
|
€ 35,000
|
+ info |
|
Czech Republic
|
CZ
|
21%
|
10/15%
|
CZK 1,140,000
|
+ info |
|
Germany
|
DE
|
19%
|
5% (until 31 December 2020 >>)
|
€ 100,000
|
+ info |
|
Denmark
|
DK
|
25%
|
N/A
|
DKK 280,000
|
+ info |
|
Estonia
|
EE
|
20%
|
9%
|
€ 35,000
|
+ info |
|
Greece
|
EL
|
24%
|
6/13%
|
€ 35,000
|
+ info |
|
Spain
|
ES
|
21%
|
4/10%
|
€ 35,000
|
+ info |
|
Finland
|
FI
|
24%
|
10/14%
|
€ 35,000
|
+ info |
|
France
|
FR
|
20%
|
2.1/5.5/10%
|
€ 35,000
|
+ info |
|
Croatia
|
HR
|
25%
|
5/13%
|
€ 35,000
|
+ info |
|
Hungary
|
HU
|
27%
|
5/18%
|
HUF 8,800,000
|
+ info |
|
Ireland
|
IE
|
4.8/9 / 13.5%
|
€ 35,000
|
+ info | |
|
Italy
|
IT
|
22%
|
4/5 / 10%
|
€ 35,000
|
+ info |
|
Lithuania
|
LT
|
21%
|
5 / 9%
|
€ 35,000
|
+ info |
|
Luxembourg
|
LU
|
17%
|
3/8 / 14%
|
€ 100,000
|
+ info |
|
Latvia
|
LV
|
21%
|
12%
|
€ 35,000
|
+ info |
|
Malta
|
MT
|
18%
|
5/7%
|
€ 35,000
|
+ info |
|
Netherlands
|
NL
|
21%
|
9%
|
€ 100,000
|
+ info |
|
Poland
|
PL
|
23%
|
5/8%
|
PLN 160,000
|
+ info |
|
Portugal
|
PT
|
23%
|
6/13%
|
€ 35,000
|
+ info |
|
Romania
|
RO
|
19%
|
5/9%
|
RON 118,000
|
+ info |
|
Sweden
|
SE
|
25%
|
6/12%
|
SEK 320,000
|
+ info |
|
Slovenia
|
SI
|
22%
|
9,50%
|
€ 35,000
|
+ info |
|
Slovakia
|
SK
|
20%
|
10%
|
€ 35,000
|
+ info |
*The above information is only indicative. This table is updated regularly but please contact GVC in order to ensure that it is correct at the date you are using it.
VAT on digital services
Like everything VAT is constantly evolving as well in order to adapt to its new digital environment. Businesses have gone digital and the digital service industry in always expanding across the world. At the same time countries have started to tax digital service providers but these taxes are slowly being introduced to fit each economy individually.
Fiscal representation
A fiscal representative is a tax registered company which will manage your queries and filing obligations while dealing with the tax authorities. Certain countries require you to appoint a fiscal representative when your company is established outside the European Union to be completely complaint with your VAT obligations. Alternatively, even if it is not mandatory, fiscal representation can create VAT and cash flow advantages and Global VAT Compliance will make sure you benefit from them.
GVC also has her own entities for fiscal representation purposes in many countries.
Fiscal representation can help you maximize the following benefits:
- Import VAT deferment license
- VAT Warehouse
- Reverse charge
- Zero-rated trading of excise goods
Fiscal representative requirements
Please consider that many countries handle strict requirements when granting a fiscal representative license. As such, Global VAT Compliance is fully up-to-date with these requirements and in regular contact with tax authorities in several countries.
Joint liability
In some cases, the fiscal representative may be jointly liable for all VAT payments of the company. Because of this, it is industry practice to require a security deposit or bank guarantee in favor of the fiscal representative to mitigate against potential risks if the company reneges any of their liabilities.
| Country | VAT Filing frequency | Standard VAT rates | Distance Selling Thresholds | VAT returns Deadlines | Fiscal Representation |
| UK | Quarterly | 20% | GBP 70.000 | 7th next month | |
| DE | Monthly | 19% | EUR 100.000 | 10th next month | |
| FR | Monthly | 20% | EUR 35.000 | 19th next month | Required |
| IT | Quarterly | 22% | EUR 35.000 | last day of second month | Required |
| ES | Quarterly | 21% | EUR 35.000 | 20th next month | Required |
| PL | Monthly | 23% | PLN 160.000 | 25th next month | Required |
| CZ | Monthly | 21% | CZK 1.140.000 | 25th next month |
*The above information is only indicative. This table is updated regularly but please contact GVC in order to ensure that it is correct at the date you are using it.