Making sure that existing and planned customs and shipping procedures are compliant and efficient starts with the identification of the relevant aspects of the operation which is followed by an analysis and an evaluation of any practical alternatives.
Also, regular re-confirmations of VAT compliance and efficiency, too, are a part of our service solution. Strong factual knowledge of customs and VAT legislations, relevant experience and dedicated professionals are components of our solution focused VAT thinking. On VAT WAY, we offer professional confirmation on the VAT compliance and efficiency of customs and logistics procedures and we always deliver by understanding how these affect our clients’ businesses.
With inventory systems constantly becoming more sophisticated, lean and seamless, the VAT aspects of Just in sequence (or Just in time) procedures, vendor managed inventories or manufacturing under customs’ control are as important as the supporting technological solutions.
Our review brings a professional assessment and summary on the VAT compliance and efficiency of the existing manufacturing and warehousing procedures, identifying possible alternatives and solutions, too.
Awareness of the possibilities for reducing or eliminating the VAT financing burden is key to any group’s success and efficiency.
With the EU’s pilot Cross Border Ruling project, businesses may also consider asking for a formal and transparent confirmation of the VAT treatment of their planned transactions. Although formally non-binding, these multi-jurisdictional CBRs are not likely challenged on the national level. Our CBR support services include identifying the shortest available CBR procedure, too. Our advisory services may be coordinated from a single office, whenever this seems efficient.
As one-off service solution, we review the relevant details (ie. frameworks, activities, resources, contractual background, etc.) of a business’ operation in a foreign jurisdiction and provide a professional and formal confirmation on the status of a permanent and/or fixed establishment.
Our scalable service scope may include the calculation of the overall foreign tax liability, too.
With e-service providers and many other businesses facing what’s the most important change in VAT legislation since 2010, the identification and collection of the data necessary for compliance with the new place of supply rules during the entire B2C sales process is crucial.
Although the one stop shop scheme provides an easy way to comply with foreign VAT registration and tax filing, compliance with local invoicing and other requirements cannot be ignored. Our approach offers a throughout solution to affected businesses – before, in and after 2015.
On the VAT WAY Platform, VAT returns are prepared and filed by VAT compliance solution providers with local expertise. VAT analytics and invoices are regularly reconciled to make sure that the filed VAT returns are supported by the legally required documentation.
Country VAT facts and compliance tools
Every relevant VAT compliance data and document is available on the VAT WAY portal for every country with a VAT WAY solution provider. From up-to-date VAT legislation and compliance facts to practical tools, like the multiple VIES-checker and the translated VAT returns. An offer adjusted to VAT managers’ needs - a reliable source for reference or confirmation.
We know how important our clients’ data is and we manage it accordingly: in a responsible and secure way. Only our client’s own staff and that of their providers may access VAT compliance data.
No matter how cutting edge the VAT WAY Platform is, we consider it work in progress. Co-work, actually: providers and clients using the VAT WAY Platform are all involved in its constant development.
On the VAT WAY Platform, VAT compliance procedures and related documents are accessible real time and online. And when access means actual and efficient management, the VAT WAY Platform provides a seamless solution with practically no limits.
Contact our colleagues and find out how can we help your company growing faster in an international environment.
To find out more about our innovative VAT compliance service solution, please let us know how and where we could support your work and your company’s operation. We will contact you within 24 hours.Contact us