- Box F7 is for foreign companies not established in France but with VAT obligations there.
- It involves domestic sales or services in France by foreign suppliers.
- Box F7 is for sales by foreign companies registered for VAT in France.
- Transactions involve the reverse charge mechanism where the customer pays VAT.
- Concerned companies have no permanent establishment in France but are VAT registered.
- Transactions include sales to or from France with foreign suppliers and French VAT customers.
- Examples include goods delivered in France or services located in France.
- Risks include incorrect VAT charges and potential fraud liability.
- Best practices include ensuring no VAT on invoices from foreign suppliers and verifying VAT legitimacy.
- Practical case: A British company sells goods to a French company, with VAT implications.
Source: cyplom.com
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.
