Why should you appoint a tax agent specialised in VAT ?
DEFINITION OF TAX AGENT
The tax agent is a natural or legal person, professional in the VAT management, that replaces permanent establishments. Today, you only need to register your company in any country other that the country of your residence, and choose a tax agent to comply with the tax and customs laws in force.
choosing a tax aget to facilitate your taxable operations
To fulfill the declarative requirements of the country where the company is subject to VAT, it must be identified for VAT in that country. There are two options:
Create a local company
Use the services of a tax agent
Forming a company considerably increases your obligations and your operating costs (creation of articles of association, keeping accounts, payment of taxes on companies in the country, etc.).
The tax mandate is a much simpler administrative solution and allows avoiding forming a company. Indeed, a tax agent registers you for VAT in the country, which enables you to operate like a standard local company.
Certain taxable operations require VAT registration in another country of the European community. The following are a few examples of such operations:
intra-community deliveries and acquisitions
stockpiling or holding stocks on consignment in another member country
exceeding the threshold in distance selling
certain purchase or resale operations in another member country
certain service provisions (for example, construction)
POINTS TO REMEMBER
Certain intra-community operations render you liable for VAT in the country of operation.
The tax agent can register you for VAT in another EU member country without creating a permanent establishment there.
HOW ASD group can HELP YOU
As a tax agent, ASD Group experts analyse your flows of goods and invoicing, register your company for VAT, submit your foreign VAT declarations and are responsible for your trade of goods declarations if the thresholds are exceeded.
Preparation, verification and submission Intrastat and VAT invoices
ANALYSIS AND CONTROL
Detailed monthly analysis and monitoring of all your transaction flows
INPUT AND VERIFICATION
Input and verification of the conformity of the invoices and customs nomenclature
Research and verification of the customs nomenclature
Assistance during an administrative or customs inspection
Organisation of specific training dedicated to the intra-community VAT