What should be done for the organization of your business abroad?
Our clients in the registration of a private limited company often turn to our consultants with the question of what procedures need to be done in order to do business in other countries. In order to provide services abroad – to the clients in the EU, it is necessary that your company has been registered in the VAT system.
When does your company register needs to be registered in the VAT system ?
Your company must be registered in the VAT system if the last 12 months the turnover of your company exceeds 50.000 €. Additionally, you should register in the VAT system if you plan to cooperate with companies in the European Union.
Turnover of your company is higher than 50.000 €. What to do?
When the turnover of your company for the previous 12 months exceeds 50.000 €, you must register in the VAT system. You should keep in mind that the calculated period is for the last 12 months and not the calendar year.
How to do business in other countries?
Your company must be registered in the VAT system if you plan to issue invoices to customers in other countries. In that case, information about turnover is not required.
You want that your company enteres into the system of VAT, or you need advice of our experts on these issues? Please contact us by phone: +386 1 6006 270 or 00386 40 530 718 (Viber, WhatsApp) or email us at data@data.si. You can also follow us on Facebook.
Leave a Reply