Frequently Asked Questions

European VAT is a consumption tax applied across EU member states. Businesses supplying goods or services within the EU or exceeding distance selling thresholds in specific countries must register for VAT in each relevant jurisdiction.

You need to assess your business activities, customer locations, and annual sales volumes against EU registration thresholds. If you surpass a threshold or have a fixed establishment, VAT registration will be required.

Distance selling thresholds are annual turnover limits that determine when non-resident suppliers must register for VAT in a destination member state. These thresholds vary by country and should be monitored to prevent non-compliance.

Filing frequency varies by member state, generally monthly, quarterly, or annually based on turnover and local rules. VatCrest tracks deadlines and prepares filings to ensure timely submission.

While some services can be consolidated through schemes like the One Stop Shop, most goods sales require separate returns in each member state where you are registered. VatCrest helps you navigate these requirements efficiently.

Key documents include sales invoices, purchase invoices, import and export records, and proof of dispatch. Proper record keeping is essential to support your filings and withstand audits.

VatCrest handles the complete registration process, preparing and submitting applications, liaising with tax authorities, and obtaining your VAT numbers so you can focus on your core activities.

We offer tailored guidance on VAT planning, transaction structuring, compliance reviews, and updates on regulatory changes to help you optimize your VAT position without taking unnecessary risks.

Under reverse charge, the customer accounts for VAT instead of the supplier. This mechanism simplifies cross-border reporting and prevents unregistered suppliers from handling VAT receipts.

Yes, digital services supplied to EU consumers are subject to VAT in the consumer’s country. VatCrest manages registrations and filings under the One Stop Shop scheme to streamline compliance.

MOSS allows eligible businesses to report and pay VAT on digital services to EU consumers through a single return. Our team registers you for MOSS and ensures accurate reporting across jurisdictions.

We maintain continuous monitoring of EU VAT legislation and update your processes accordingly. Regular compliance reviews and proactive notifications help you stay ahead of new requirements.

Registration timelines vary by country but typically range from two to six weeks. VatCrest tracks progress, follows up with authorities, and expedites the process wherever possible.

Penalties depend on the member state and the length of delay, often including fixed fines and interest charges. VatCrest’s calendar alerts and filing services help prevent late submissions.