European VAT is entering a new era of real-time reporting, digital invoicing, and simplified cross-border compliance.
The VAT shift is clear:
- From periodic to real-time reporting
- From manual to automated compliance
- From local to EU-wide harmonisation
How EUVAT1 Can Assist you:
- Map your EU VAT transactions and obligations
- Act as a local EU compliance partner
- Monitor your VAT compliance data data
- Preparing for final EU VAT system in 2035
STEP 1
You will receive full guidance from your personal account manager. We will provide you with compliance templates and a compliance manual explaining the reporting requirements, VAT rules, invoice rules, how to upload data etc. This is part of the one-off fixed registration fee. Of course your account manager will answer all your compliance questions.
STEP 2
Once the VAT number is active you need to upload your data to our portal and we will review and prepare the periodical filings (VAT returns and ICP declaration in case of B2B European customers).
STEP 3
After your approval the returns will be filed through our secured portal.
STEP 4
We will also provide further instructions for payments or refunds directly from or to your bank account.
