- VAT Registration Requirements: Companies engaging in taxable transactions in an EU Member State where they are not established must register for VAT. This includes businesses from other EU countries and non-EU entities that sell goods or services, conduct intra-community acquisitions, or import goods into the EU.
- Intra-Community VAT Number Purpose: An intra-community VAT number is essential for tax compliance, allowing businesses to invoice customers for VAT, collect and declare VAT, and manage import/export operations. Each EU country issues its own VAT number, and the format may vary.
- VAT Compliance and Representation: Companies outside the EU must appoint a fiscal representative to ensure compliance with local VAT regulations, while EU-established companies can manage their VAT obligations independently or opt for a tax advisor to navigate complex regulations and requirements across different member states.
Source Easytax
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