The role and liability of the fiscal representative
In most countries, the fiscal representative is required by the local tax code to ensure that: The foreign trader is properly registered with the local tax office.
Do I need a fiscal representative?
The role and liability of the fiscal representative
In most countries, the fiscal representative is required by the local tax code to ensure that: The foreign trader is properly registered with the local tax office.
Do I need a fiscal representative in Netherlands?
Vat Fiscal Representative in The Netherlands
In general, EU and non-EU businesses do not need a fiscal representative when registering for VAT purposes in the Netherlands. Unlike other EU countries, EU and non-EU companies can register directly for VAT in the Netherlands.
Do I need fiscal representation in Germany?
The use of a fiscal representative is voluntary in Germany , unlike the situation in other EU countries.
Which EU countries require fiscal representatives?
| EU Country Fiscal representative required? Comments | Belgium Yes | Bulgaria Yes | Croatia Yes | Cyprus Yes Some excemptions for direct registrations |
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Who can be a fiscal representative?
A fiscal representative can be a legal entity or private individual who is resident in the country where you need a representative . If you do not have any local presence in the country where the activity takes place, you will normally appoint a tax advisor to act as fiscal representative for your business.
What is general fiscal representation?
General Fiscal Representation
A General Fiscal Representative (GFR) represents a non-resident company with respect of all its supplies of goods and services for which VAT is due in the Netherlands . ... SILS Customs will apply for a personal license and VAT number for our customer.
Do I need a fiscal representative in Portugal?
Who needs a Fiscal Representative? Any non-resident individual or company resident outside the EU who owns property, holds a bank account or has any other commercial activity or interest in Portugal must by law appoint a Fiscal Representative that is registered with the Tax Department .
What is the VAT in the Netherlands?
In the Netherlands, the standard VAT rate is 21% . There are two additional special rates: the 9% rate and the 0% rate (zero rate).
What is a fiscal representative UK?
A Fiscal Representative is a special type of VAT agent for foreign businesses with a VAT registration in another country . They are responsible for the correct calculation and reporting of VAT of their client, and are the first point of call for the local tax office in the case of questions or audits.
What is the difference between direct and indirect representation?
In direct representation, the representative acts in the name and on behalf of a third party. Indirect representation, on the other hand, the representative acts in his own name but on behalf of the importer .
Do I need a fiscal representative in Portugal after Brexit?
Now that the UK has left the EU, UK residents with tax or financial affairs in Portugal need to have a tax representative in Portugal. The deadline for this was originally January 1st, 2021, but was extended until June 30, 2021 .
What is VAT representative?
VAT. Your fiscal representative is a VAT expert . He or she will be responsible for VAT registration in the EU member state/s that your company deals with. The fiscal representative will also be responsible for filing the VAT returns and handling any correspondence with the local tax authorities on your behalf.
What is postponed VAT accounting UK?
Postponed VAT accounting is a way for UK VAT-registered businesses to account for import VAT after Brexit . Businesses can record the VAT on their VAT Return rather than paying it immediately upon entry of the goods into the UK.
Do I need to register for VAT in France after Brexit?
You will need to register for VAT in France if you meet any of the following critera ; If you are Importing goods into France from outside the European Union.
Who is a tax representative?
Tax Representative means a person authorized in accordance with law to conduct part or all activities of the taxpayer pertaining to the fulfilment of tax liabilities ; Sample 1. Sample 2.
