.png)
EU VAT Registration
Europe VAT registration is the process of registering for VAT (value-added tax) in one or more of the member states of the European Union (EU) where a business is conducting taxable activities. Businesses that are registered for VAT in the EU are required to charge and collect VAT on their sales, and can also reclaim VAT paid on their purchases.
The specific rules and procedures for EU VAT registration can vary depending on the country or countries where a business is doing business, but in general, the following steps are typically involved:
-
Determine whether VAT registration is required: In most EU member states, businesses must register for VAT if their annual turnover exceeds a certain threshold (typically around €10,000). However, there may be other situations where VAT registration is required, such as when a business makes certain types of supplies or purchases from other EU countries.
-
Gather required information and documentation: Businesses will typically need to provide information such as their legal name and address, tax identification number, and details about their business activities. They may also need to provide supporting documentation, such as proof of incorporation or a certificate of residence.
-
Submit a VAT registration application: Businesses can usually apply for VAT registration online or submitting a paper application. The application will typically be reviewed by the tax authorities, who may request additional information or documentation.
-
Receive a VAT number: Once the VAT registration application is approved, the business will receive a VAT number, which they must use on all their VAT-related transactions.
-
Comply with VAT regulations: Businesses registered for VAT in the EU must comply with a range of VAT regulations, such as charging the correct VAT rate on sales, issuing VAT invoices, and submitting VAT returns on time.
​
Overall, EU VAT registration can be a complex process, and it is important for businesses to understand their specific requirements and obligations under the VAT system in the member states where they are doing business. It is recommended that businesses seek the advice of a tax professional or legal advisor to ensure they are compliant with all relevant VAT regulations.
​
We can be your fiscal representative to assist your compliance in VAT obligations.
​
​
EU VAT returns
How does it work for VAT return and how often do you have to fill it?
​
The VAT return summaries the business's VAT-related transactions for a specific period, typically a month or a quarter, and calculates the amount of VAT that the business owes or is owed by the tax authorities.
The specific information required on a VAT return can vary depending on the country or region where the business is registered for VAT, but typically includes:
-
The business's total sales and purchases during the period, broken down by VAT rate.
-
The VAT charged on sales (output VAT) and the VAT paid on purchases (input VAT).
-
The difference between the output VAT and input VAT, which represents the amount of VAT the business owes to or is owed by the tax authorities.
-
Any other relevant information, such as adjustments to previous VAT returns or information about intra-EU transactions.
​
Businesses must submit their VAT returns to the tax authorities by a specific deadline, which can also vary depending on the country or region. Late or incorrect VAT returns can result in penalties and interest charges, so it is important for businesses to keep accurate records of their VAT-related transactions and to submit their VAT returns on time.
Overall, the VAT return is a critical part of the VAT system, as it allows tax authorities to monitor and collect the VAT owed by businesses operating within their jurisdiction.
EU VAT registration and returns process
Understand your business operation and needs
Have a free consultation call with us.
One of our VAT experts will review your business activities and understand your needs to identify the VAT obligations.
Our team will ensure to have all the right data and documents. After checking all information, our local team will proceed to VAT registration. The duration of registration process depends on the country.
Collect required data and documents
When you have the VAT number, you need to provide us all the declaration materials to file the VAT return on time.
Receive the VAT number and submit VAT returns
Is EORI required?
What is an EORI number?
EORI stands for “Economic Operators Registration and Identification number”. It is a number which can be used by the EU customs authories to track and exchange information for statistical and security purposes.
Who needs an EORI number?
- all the companies within EU which needs to export or import goods from or to outside of EU.
- companies based outside of EU but trade within EU
How to apply for an EORI number?
You might need the help from a professional to register for the EORI number to ensure all the paperwork is completed correctly.
Is the EORI and VAT number the same thing ?
No it's not. the EORI number use the VAT as base. The VAT Number is for each country when the EORI number works all accros Europe
How to check the EORI number?
All EORI numbers can be checked on the offical European Commission website.
https://ec.europa.eu/taxation_customs/dds2/eos/eori_validation.jsp?Lang=en
