- New web portal on special VAT regime for SMEs is now live
- SME scheme allows SMEs to sell goods and services without charging VAT
- SMEs with total annual turnover of no more than EUR 100,000 eligible for VAT exemption
- SME scheme is optional and non-EU small enterprises cannot apply
- Web portal includes information, FAQs, contacts country-by-country, and SME VAT Simulator
Source: etaf.tax
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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