Obtaining a foreign VAT number is only the first step in a long series of other obligations. Once the VAT number is active, your business will have to comply with the following legal requirements:
- Keep VAT accounting records
- File a periodic VAT return
- Submit an annual recapitulative return
- Pay local VAT
- Submit a statement of your intra-EU transactions
- Filling in an Intrastat declaration
- Is the filing of declarations and statements done in paper or electronic format?
- When should the data be sent to the tax authorities?
Source vatdesk.eu
