Your obligations and other VAT reporting formalities abroad

Obtaining a foreign VAT number is only the first step in a long series of other obligations. Once the VAT number is active, your business will have to comply with the following legal requirements:

• Keep VAT accounting records
• File a periodic VAT return
• Submit an annual recapitulative return
• Pay local VAT
• Submit a statement of your intra-EU transactions
• Filling in an Intrastat declaration
• Is the filing of declarations and statements done in paper or electronic format?
• When should the data be sent to the tax authorities?

Source vatdesk.eu

 

---

---