Stay updated with the new VAT reporting obligation for non-profit organizations in Belgium starting 1st January 2024. Learn how to optimize your VAT deduction percentage and avoid litigation with the Tax Authorities.
Choosing the right solution for Belgium VAT registration can be challenging. VATDesk offers expert guidance to help you make the best decision for your business. Learn more about our services and how we can help you navigate the VAT registration process in Belgium.
European VAT Desk offers comprehensive guidance on VAT registration in Belgium. Our experts provide 23 detailed answers to common questions, helping businesses navigate the registration process and ensure compliance with VAT regulations. With European VAT Desk, you can have peace of mind knowing that your VAT registration in Belgium is being handled by professionals.
This article explores Portugal’s VAT reverse charge mechanism, which impacts domestic supplies of goods and services. The reverse charge applies to all transactions by non-resident businesses (EU or non-EU) provided conditions are met. This shift in responsibility for paying VAT from the supplier to the recipient can offer cash flow advantages, as they can potentially delay VAT payment until they file their VAT return. However, navigating the regulations and ensuring compliance requires a clear understanding of the reverse charge mechanism. Our team of Portuguese VAT specialists can assist businesses in determining applicability, developing VAT compliance strategies, and maintaining proper records under the reverse charge system.
This article explores the application of the reverse charge mechanism for VAT in Belgium’s construction sector. This shift in VAT responsibility from the supplier to the customer can impact cash flow for businesses involved in Belgian construction projects. Businesses operating in this sector can benefit from expert guidance on navigating the intricacies of the reverse charge mechanism to ensure compliance with the latest regulations and avoid potential penalties.
The generalized reverse charge mechanism has been introduced in Belgium since 2002 and is applicable to all supplies of goods and services that are deemed to take place in Belgium and performed by a taxable person not established in Belgium