Do I need to register for VAT in France after Brexit?

Do I need to register for VAT Brexit?

VAT MOSS after Brexit

If your business sells eligible digital services in the EU, you will need to register for VAT MOSS in another EU country, or register for and collect VAT in each country you trade in.

Will I have to pay VAT after Brexit?

No UK VAT is payable but you still have to include the exports as part of your VAT accounting and consider any requirements for VAT in the recipient country. When it comes to selling services throughout the UK, rather than goods cross-border, things continue much as they did before 1 January 2021.

Do I have to register for VAT in France?

Companies making taxable products in France must register for VAT. However, French companies that supplied products worth less than 34,600 euros or services worth less than 86,900 euros are not required to register for VAT. Foreign companies providing services and goods in France are also required to register for VAT.

How do I treat VAT after Brexit?

New EU rules on VAT will abolish distance selling thresholds. Any VAT due on supplies to consumers located in the EU will need to be accounted for under a One Stop Shop. This means that NI businesses will need to charge VAT at the rate applicable in the customer’s country and account for it to the HMRC.

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Do I need to register for EU VAT?

Register for VAT MOSS in an EU country

You’ll need to register for the VAT MOSS scheme in an EU country by the 10th day of the month after your first sale to an EU customer. If you make your first sale on 12 January 2021, then you must register by 10 February 2021.

How will Brexit affect taxation?

In the short term, the Withdrawal Act means that much existing EU law will continue to apply in the UK as if it were part of domestic law. … More generally, Brexit has removed the UK’s powers to influence EU-level tax matters but has no impact on the UK’s extensive double tax treaty network.

How long does it take to register for VAT in France?

How long will it take? It will take four to six weeks from the time you send your request to the receipt of your French VAT registration. However, it is worth taking into account that it sometimes takes just as long to collect the documents mentioned above and to obtain a translation of your articles of association.

How do I register for VAT in France?

Foreign companies registering for a French VAT number must submit their application with the Service des Impôts des Entreprises. This must be done within two weeks of the start of trading, or passing the VAT registration threshold. There are no penalties for a delayed French VAT registration.

What is the VAT registration threshold in France?

VAT registration thresholds

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Country VAT threshold
Finland €15,000
France Goods €85,800; Services €34,400
Germany €22,000
Greece €10,000

Can I claim VAT back on UK purchases after Brexit?

UK and Isle of Man businesses can still claim refunds of VAT from the EU after the end of the transitional period but they will have to use the existing processes for non-EU businesses. This process varies across the EU so you will need to follow the procedure set out by the country from which you’re making the claim.