- Foreign companies providing digital services must be aware of VAT obligations VAT applies to electronic services supplied to local consumers Companies should register for VAT if they meet the threshold Non-compliance may result in penalties and interest Guidance is available for understanding VAT requirements
Source: research.ibfd.org
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.
