How to know if you an EU VAT registration number? You can determine whether your company needs an EU VAT registration by asking RMB to make deep analysis of your operations within the EU. RMB will classify all your transactions of goods and of services to companies or / and to private individuals. Once RMB’s VAT audit is done, you will know in what countries your company needs an EU VAT registration. RMB will also explain you that having an EU VAT registration number in other EU countries does not mean that you have to charge all your foreign clients with VAT. The reason of this is that lots of Intracommunity operations are VAT zero rated. The main purpose of an EU VAT registration number is to inform the Tax authorities about the amounts of goods or services your company invoiced in the countries your company is VAT registered and track these flows. A last thing to be taken into consideration is how long the EU VAT registration process will take for your company. According to the country, the EU VAT registration process takes from a day to 2 months. It is then important to anticipate this period before selling goods or providing services outside of the UK.
Would you like to know more about the EU VAT registration services provided by RMB? Click here or call us at +44 330 808 0436.