- Recent VAT reforms impact SMEs based in the Czech Republic but headquartered in other EU countries.
- These reforms primarily affect companies whose main revenue comes from the Czech Republic.
- Companies with a turnover under SEK 2 million will not need VAT registration in other EU states.
- If turnover exceeds this threshold in a year, VAT registration is required starting January 1 of the following year.
Source: auxadi.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
