France
France is one of the 27 Member States of the European Union.
Basic VAcTs
Latest update | 01.06.2024 |
Country ISO Code | FR |
EU Member State | Yes |
VAT Rates | |
Standard VAT Rate | 20% |
Reduced VAT Rate | 10% |
Special Reduced VAT Rate |
5,5% + 2,1% |
VAT Compliance | |
Standard VAT Return filing period | Monthly |
Standard VAT Return filing deadline | 24th day of the month following the filing period * |
VAT Representation required for non-resident |
Yes, mandatory for non-EU businesses |
Record retention period | 10 years |
Electronic invoicing | Mandatory for B2B transactions, under conditions |
Real-time reporting | n.a. |
Special Rules | |
General domestic reverse charge for domestic supplies of goods by non-resident businesses? |
Yes, domestic supplies of goods by non-resident businesses to VAT registered B2B customers |
Other domestic reverse charge mechanisms? | Yes, e.g. (sub-)contracting work, supplies of CO2-certificates |
Postponed Accounting on Import | Yes |
VAT Grouping possible? | Yes |
VAT Refunds for non-EU businesses? | Yes (no reciprocity), but VAT representative needed |
Remarks | |
Link to VAT Law | HERE |
Remarks | * Filing deadline may vary, usually between 15th and 24th of the month following filing period |
Here's an overview of the latest VAT news for this country.