Be ready for VAT in the Digital Age, Making Tax Digital, France’s b2b e-Voicing Mandate, Brazil’s Tax Reform as well as every future VAT regulation forthcoming with one, trustworthy provider. Easing your VAT compliance burden is our business.
Understands & solves for range of challenges faced by expanding businesses
Consultants advise on compliance implications
Fiscal Representation is available
Compliance Services Rep prepares VAT returns / other declarations ready for filing
Tech-enabled Compliance Services, provides additional bandwidth to your enterprise to focus on core business
Compliance Services Portal provides window for uploading data, monitoring progress and maintaining dialogue with your compliance services expert
Geographic coverage across Asia, EMEA, LATAM
Pedigree of expertise in regulatory monitoring of tax compliance
Multilingual support
Implications of non-compliance with e-invoicing mandates vary. Most tax authorities apply financial penalties, either a set sum or percentage. Penalties can be for late-reporting, invoice inaccuracies and errors or failure to comply with software requirements.
Countries with a SAF-T requirement include Portugal, Luxembourg, Austria, France, Norway, Poland, Singapore, Angola, Cape Verde, Lithuania and Romania. Tax authorities introducing SAF-T requirements continue to expand, adding to compliance demands for companies.
The VAT in the Digital Age proposal put forward by the European Commission might start affecting business from 2024. The proposal’s reporting and electronic invoicing requirements bring business, data and software process changes. Businesses shouldn’t underestimate the time needed to plan for these changes and the impact on current systems.