Fusion Business Services has an in-house team of International Tax specialists who are on hand to help with various international tax services for cross-border business activities, especially areas such as international VAT compliance. Whether you’re self-employed or a large limited company based inside the United Kingdom or abroad, please get in touch with us today to discuss how we can help you remain compliant with global tax regulations and move forward with complete peace of mind.
More information about our international tax services is below.
International VAT Services
One of our most popular international tax services is VAT-related. Nowadays, it is typical for businesses of all sizes to explore the possibility of buying and selling in global markets. However, one of the main concerns that business owners have is VAT compliance. For example, registering for VAT across various jurisdictions can be challenging, and ensuring your company pays the correct VAT at the right time is also a difficult task.
With the help of Fusion Business Services, we can help you familiarise yourself with the international VAT responsibilities your business is facing or might face if you choose to enter different marketplaces. Please keep reading for more information about our international VAT services and how they can help your business grow and move forward with peace of mind.
VAT Workflow Management Tool
Keeping on top of your VAT responsibilities in different marketplaces can be challenging for businesses operating internationally. While the EU has standard rules for VAT, these may be applied differently in each EU country – meaning you will need to comply with many rules and regulations.
To make international VAT easy to manage, we can provide your business with a state-of-the-art VAT management tool – removing the stress of managing your complex VAT responsibilities. The tool is extremely easy to understand and can be learnt in detail in little over 10 minutes. Here are some of the features available with our VAT Workflow Management Tool:
- Based in the cloud.
- Show the status of your VAT returns in a single view (via the dashboard).
- Send you an email notification when you are required to upload any VAT return data.
- Securely stores all of your previous VAT submissions, allowing you to keep a neat, easy-to-manage of your VAT activity.
- Make automated VAT submissions where it is appropriate (For example, in the UK, Making Tax Digital).
- Go through the processes involved with your VAT management with in-house members of your team, such as accountants, etc.
- Screenshare feature allowing you to share views directly with your clients.
- Confirmation once VAT submissions have been completed.
- A solid solution for working with colleagues to store and view real-time VAT information affecting your business.
- Option to allow additional employees access to important information stored within the tool.
For more information about our VAT Workflow Management Tool or to request a demo, please schedule a free consultation with a Fusion Business Services professional, send us a message using the form on this page, or give us a call on 0800 229 4020.
VAT Registrations
Cross-border VAT registrations require extensive knowledge of local laws and regulations and a thorough understanding of how different tax authorities work. Managing VAT registrations in-house can be very time-consuming, and this is where Fusion Business Services can help. If you need to register for VAT abroach, we can help with:
- Providing an initial review to verify whether or not VAT is necessary for your specified locations.
- Carefully planning to ensure you are fully up to speed with all of your VAT registration requirements.
- Assisting with the completion and submission of VAT registration documents.
- Translation service to ensure no information is lost due to any potential language barriers.
- Expert advice about the consequences of local VAT registration.
VAT Returns
Managing multiple VAT registrations in various countries can be very demanding and challenging to manage. It can also be stressful due to the time involved and the unpredictable costs that your business may face.
Fusion Business Services offer a VAT return service where we can assist with the filing of returns in multiple different countries – ensuring you remain compliant with local rules and regulations. Therefore, Fusion Business Services is your perfect partner if you want to outsource some or all of your international VAT compliance.
Our VAT return services have been designed to be friendly and compliant with corporate governance rules, including SOX, JSOX and the UK SAO provisions.
Fiscal Representation
When you conduct business in specific countries, you may be required to appoint a local fiscal representative equally liable for the VAT owed by your business to the local authority. Most commonly, this situation happens when a non-EU company supplies goods and/or services to countries that are in the EU.
Fusion Business Services offers financial representation to help your business remain compliant with all the local VAT laws and carry out the VAT obligations on your behalf – if necessary. We can help with:
- VAT registrations with local authorities.
- Advice regarding compliance and local tax laws.
- Assistance with the filing of all relevant and required VAT documentation with the correct local authority.
- Handling any correspondence from local tax authorities, including investigations or enquiries.
Import VAT
When foreign companies import goods into the EU or other jurisdictions, there are usually critical legal requirements to ensure the company pays the correct import VAT and additional duties that may apply. As different countries may have different rules and regulations, keeping on top of import VAT and duties can be extremely difficult, and issues are likely to occur, such as:
- Understanding how to recover taxes or duties your company has paid, if applicable.
- Paying the correct amount of import VAT and duties.
- Planning ahead and budgeting based on different countries’ rules.
- How to legitimately minimise import VAT and import duties.
- Recovering VAT.
Fusion Business Services can help you in many ways, including:
- The identification of optimal importation regimes and systems.
- Ongoing reviews of tariff clarifications.
- Inward processing relief (IPR) and Outward processing relief (OPR) schemes.
- Applying VAT on your behalf.
- VAT registration.
- VAT compliance.
- VAT Advice.
- Fiscal representation.
VAT Training
Automated software and programs are helpful for businesses looking to manage international tax affairs, especially VAT, efficiently. However, the most crucial factor to securing VAT compliance is well-trained staff with excellent knowledge of current VAT rules and regulations in every country your business is interested in trading.
Fusion Business Services has a team of international tax specialists who are on hand to provide employees at your company (or clients) thorough, reliable and cost-effective training courses on all things related to international VAT protocols.
We will not provide you with a fixed-length, boring PowerPoint Presentation about VAT and the latest rules and regulations in different jurisdictions. This approach is not tailored to your organisation and may be a waste of time. Instead, we provide the exact training your team needs and cover all the relevant topics. We always aim to tailor training to your business and use real-life examples that would impact your team where possible. We’ll go away and ensure that the VAT training program we develop is interactive and engaging and ensures your team is fully equipped with the knowledge they need. For more information about our international VAT training, please schedule a free consultation, call our friendly team on 0800 229 4020, or send us a message via the form on this page.
Fusion Business Services – a summary of all of our International Tax Services
We have summarised some of our most in-demand International Tax Services above (VAT), but we can help you with so much more. Please scroll down and see the variety of International Tax services we can assist your business with:
- International VAT services provided by Fusion Business Services
- VAT Review – We can review all of your business’s international purchases and sales, activities and processes and review all invoices. Our team can check client and supplier contracts to ensure that all VAT rules and regulations are in place, and we can provide helpful feedback on improvements and potential amendments to your supply chain.
- VAT Reclaim – 13th and 8th Directive.
- International VAT Compliance and Consultancy – Including VAT registrations, VAT returns and filings, EC Sales/Intrastat/JPK/SAF-T, annual VAT returns, VAT consultancy, fiscal representation, EORI number, VAT reclaims, tax registrations, tax return filings, E file set up and tax consultancy.
- NON-EU One-Stop-Shop (NON-EU OSS) – for companies established outside the EU that provide B2C services to EU-established consumers:
- VAT registrations
- VAT filings
- VAT assistance and support for intra-EU B2C supplies of goods, and also cross-border services supplied by businesses in the EU (VAT registrations, VAT return filings, liability management).
- VAT assistance and support for goods that are shipped outside of the EU to consumers (private consumers) in the EU, in consignments which are valued at €150 or lower (VAT registrations, VAT return filings, fiscal representation).
- Customers advice – Fusion Business services can also provide import declarations via Customs Freight Simplified Procedures (assuming the time between loading goods and their arrival in the UK is too short to allow a complete document set to be produced).
- Corporate tax, including customs advice.
- ERP Configuration & VAT Add-Ons, including SAP, Oracle and other ERP Systems.
- Transfer pricing advice.
- International VAT training – bespoke.
- International accountancy services, including corporate tax management, tax accounting, corporate tax compliance, general ledger services, accounts payable services, accounts receivable services and corporate tax advisory.
- VAT Workflow Management Tool (more information above).
- An online VAT number tool that gives you access to 50 Million EU, Switzerland and Norway company VAT numbers.
Why use Fusion Business Services for your international tax requirements?
Fusion Business Services provides a “one-stop shop” for international tax requirements. Our team of professionals are on hand to help you understand and plan your tax liabilities while offering your staff training as and when it is needed. We also are on hand to assist you on an ongoing basis – meaning our support is here when you need it. Please contact us, and we will be delighted to provide you with a free consultation that will explain exactly how we can help you with your specific requirements.
Our team is committed to providing honest and easy-to-understand information regarding internal tax regulations, such as the complexities that arise with VAT. We will give you our genuine thoughts and will never charge you for any advice we give that is not easy to understand. After all, if you need help understanding the advice we give you – it isn’t good advice.
We aim to help you understand your international tax requirements so you can move forward confidently, compliantly and with total peace of mind. International tax is challenging. However, with the help of our professionals, Fusion Business Services can help you grasp all the essential information you need. Also, we believe we can help you save money by following the latest rules and regulations. Our VAT Workflow Management Tool could prove exceptionally beneficial to your business because it will transform the way you manage your international VAT.
Compliance is imperative to us. You have come to the wrong place if you’re looking for aggressive tax strategies to avoid paying your fair share or want to be dishonest when disclosing your international tax affairs. We pride ourselves on our professional, ethical and reliable service.
To find out more about our international tax services and to discuss your specific requirements with one of our professionals, please complete the form on this page, schedule a free consultation or call our office on 0800 229 4020.
VAT is complex, but with our help, you can start trading in new jurisdictions compliantly, cost-effectively and with complete peace of mind.