The 1st January 2015 new rules regarding VAT will come into effect
The 1st January 2015 new rules regarding VAT will come into effect .
We at Vathub (a part of the Qvalia Group) are more than happy to assist you with the matter and the registrations.
We can be reach 24/7 on the number +46 8 120 108 80 or on www.vathub.com where you can chat with us on a daily basis.
What is going to change per 1 January 2015?
Based on this new VAT rule, your EU company must pay VAT in the EU country of establishment of your customers. As an example, your eg Dutch company will have to pay different VAT rates applicable in each of the EU countries where your private customers are located. This means for example that your Dutch company will need to pay 21% Dutch VAT for the fees collected from your Dutch private customers, 25% Swedish VAT from your Swedish private customers and 19% German VAT from your German customers, etc. In principle this new rules mean that if you have private customers in each of the 28 EU countries, you will need to register for VAT in each of the 28 EU countries, file VAT returns in each of these 28 countries and charge local VAT with different rates in each of the 28 countries, etc.