The registration of a VAT number is aimed primarily at online sellers who wish to carry out commercial transactions with other countries.
Opening a VAT number abroad is not easy and there are several factors to consider:
- First, the legislation of the country.
A company cannot register in another country if it does not know the rules and obligations of that country.
- Although all information can be found online and in English (the business language), when trying to contact the competent body for registration of a VAT number, you are faced with a major obstacle, the language. Most foreign tax authorities speak only their own language, so this can make the registration process complicated and time consuming.
- Documents to be completed.
For the registration of a VAT number you must know which documents the country requires and how to fill them out.