E-commerce services
The democratisation of technology has brought with it significant changes in the ways in which companies of all sizes and from all activity sectors operate. This has resulted in a much wider use of new online distribution channels and subsequent changes in consumer shopping habits.
Given its far-reaching implications for both companies and customers, it is hardly surprising that the new European E-commerce VAT regulation that entered into force in July 2021 has become such a recurrent topic, appearing not only in specialised publications but also in everyday media.
In certain conditions, this new scheme affects B2C companies supplying goods or services to consumers in different Member States (distance sales or service providers that are not established in the country of consumption), and it also affects electronic platforms or interfaces that enable B2C sales of their own products or services, or that facilitate their sale to external suppliers.
Our e-commerce service aims to
Provide a general overview
Provide a general overview of E-commerce in the European Union from a VAT perspective.
Propose a methodology
That companies can use to assess the implications of the EU VAT Directive on their E-commerce operations and define the steps that must be taken in order to adapt their internal processes to facilitate the automation of the VAT compliance processes resulting from their operations.
Professional advisory
Analysis of the implications that the new VAT Directive has for the company’s E-commerce operations.
A global VAT service that covers any incidents that may arise in the different Member states as a result of the periodic VAT declarations submitted by the company, if any of the special One Stop Shop (VAT OSS) schemes are applicable to their E-commerce operations.
Technical service
The provision of technical support to the company’s internal IT manager to help with their VAT automation processes.
Services we offer
Analysis
Obtain a direct response to any questions you may have regarding the implications that the new E-commerce VAT rules may have for your company.
Automation
Automate the management of your VAT obligations. Setting the correct parameters of your ERP will facilitate greater automation of the management of any indirect national and international taxation obligations derived from your operations.
Consultancy
We provide short and simple answers to any questions your company may have about how your operations could be affected by the E-commerce VAT rules.
We provide second opinions on the conclusions that have been reached by the company’s internal tax department or tax advisors.
Outsourcing
IVA Consulta can provide outsourcing services which encompasses the following:
- VAT registration /deregistration
- Census modification
- Completion and submission of periodic VAT declarations
- Dealing with any incidents and requests
VAT review
— Identify the standard transactions resulting from the company’s international E-commerce operations and determine the implications of said transactions in terms of the VAT obligations in the different countries concerned.
Maintenance
We can assist the company’s IT manager in drawing up the aforementioned OSS records.
We can also use their accounting information to draw up and maintain these records.
Your company under control
Tax planning can prevent potential budgetary slippages, calculation errors and regulatory breaches.
