Simplification to Slovakian VAT registration
From the 1st January, 2018, non-resident Slovakian businesses may side-step the responsibility to VAT register for intra-community transactions and distance sales from Slovakia.
At present, foreign companies must apply for a Slovakian VAT registration, if they are acquired or dispatch goods on a B2B basis through Slovakia. Or if they make distance sales from Slovakia where the place of taxation is the country of arrival.
This duty will be removed in 2018; the company will instead by obliged to appoint an ‘e-Commerce tax representative’. Where there is a taxable supply made in Slovakia by the non-resident, then the new simplification cannot be applied.
amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a standard and cost efficient approach.
If you have any queries or questions, please do not hesitate to contact amavat®.
To find out more information please visit www.amavat.eu