Intra-Community VAT
Afc Représentation fiscal, a specialist in VAT, assists you with all of the following issues.
With Afc Fiscal Representation, optimal management of your VAT :
Registration, declaration, refund, Tax audit
A human-sized structure
VAT registration in France and the European Union
Your company is established in a Member State of the European Union or not, and carries out commercial operations.
Certain flows of goods and/or services require you to register with the competent authorities.
French and European VAT refund
Your company is established in a Member State of the European Union or not, and makes purchases subject to VAT without having a permanent establishment there.
Subject to certain substantive and formal requirements, you can file a VAT refund application with the tax authorities of each country.
There are two procedures for recovering the VAT paid on your purchases in France and the European Union:
• If your company is established in the European Union: the "9th Directive" procedure.
• If your company is established outside the European Union: the "13th Directive" procedure.
VAT One-Stop Shop - IOSS/OSS
VAT rules have changed with the implementation of the e-commerce reform, since July 1, 2021.
Two new Single Window schemes have been created: the IOSS and the OSS.
• The Single Window for Imports (IOSS) is an electronic portal that businesses can choose to fulfil their VAT obligations on distance sales of imported goods, with a value of less than €150. The VAT exemption on the import of low-value consignments (below 22 euros) has been abolished since 1 July 2021.
• The OSS one-stop shop allows companies to declare their sales of goods and/or services in BtoC.
When they choose, companies are no longer required to register with the tax authorities of each Member State of consumption in order to declare and pay the VAT due.
VAT is declared and paid to a single Member State via the Single Window.
Otherwise, companies retain the possibility of registering in each country where they make sales and declaring VAT. The majority of transactions are taxable in the Member State of consumption. All commercial goods imported into the European Union from a third country or territory are subject to VAT, regardless of their value.
Reverse charge of VAT
The reverse charge provision for import VAT , which has been mandatory since 1 January 2022, requires companies to register for VAT in France.
Thanks to this system, your company will import goods from countries outside the European Union without advancing VAT but by reverse charge in its VAT return.
Tax audit
During a tax audit, the administration requires to be able to provide a "Reliable Audit Trail". In other words, your company must be able to justify all its business transactions.
You are also required to provide the tax authorities with a copy of the accounting entry file (FEC). This computer accounting file contains all the accounting entries.
VAT declaration and payment
In accordance with the regulations, your company must periodically file a VAT return (usually monthly) within the set deadlines. Your company is also required, if applicable, to pay the tax. Any delay may result in penalties.
