VAT Consulting

If you operate a B2C or B2B business and sell your services/goods to consumers or other companies, then building an efficient and transparent VAT system should be your first priority. Failure to understand how VAT works in your case will lead to large overpayments and significant penalties.

We have experience in supporting companies that:

SELL DIGITAL SERVICES IN THE EU

We will help you:

• in registering for VAT OSS.
• in building a system that will determine the country from which the consumer came.
• in creating a record of all transactions.
• in the filing of reports

SELL DIGITAL SERVICES WORLDWIDE AND ARE REGISTERED IN THE EU

We will examine your business in detail and help you determine which countries will require VAT registration. We can also help you optimize the payment of VAT, so that under the tax law, you never overpay.

SELL B2B SERVICES WORLDWIDE AND ARE REGISTERED IN THE EU

Most companies do not know that if they are registered in Cyprus or Estonia, for example, and buy services or goods outside of Cyprus, then from the first purchase they had to register for VAT in order not to pay VAT in full and apply reverse charge. We can help you understand the complex tax laws.

VAT and your business

VAT is the three letters that are the scarecrow of any business. Is it necessary to obtain a personal VAT number? What amounts are possible to charge as a tax credit? What happens to VAT on FEA? What are the rules for paying VAT in the EU? How to issue invoices correctly?

These are just a few of the issues we help our clients deal with. With Legarithm, your business will start calculating VAT correctly. With us, you can forget about the constant questions that follow those mysterious letters. We will help you to get a VAT number for your EU registered company and advise why you need it or perhaps don’t need it.

Blindly paying or failing to pay VAT will only lead to a huge increase in the tax burden and penalties on your company, but we can help you sort out all the exceptions set out in the EU VAT Directive as well as the regulations of each EU member state. We know how the ‘reverse charge’ procedure works and can help you build the right relationship with your counterparties and within your group.