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That won't get you a VAT ID, which is the key thing he says he needs to be able to bill people outside of Germany. It is significantly cheaper than 9k EUR and
by gwd 4mo ago
That won't get you a VAT ID, which is the key thing he says he needs to be able to bill people outside of Germany. It is significantly cheaper than 9k EUR and faster than 6 months to get in the UK, however.
- alexbilbie 4mo agoIt is free to become VAT registered and only takes a few days for the VAT number to be assigned and posted to you.
- notpushkin 4mo agoDo you really need a VAT ID though? There is the “reverse charge” mechanism, which IIRC you can use until you sell a lot in any given country. (IANAL)
- sparkling 4mo agoBoth parties having a VAT ID is actually a requirement to be able to use reverse charge: https://vatdb.com/reverse-charge/ https://vatdb.com/reverse-charge/
- notpushkin 4mo agoOkay, it’s way more complicated than I imagined then! But if you’re not liable for VAT in a given EU country yet, I suppose you can then just skip it? There are some countries with low thresholds (like 15k € in Cyprus or 0 € in Belgium) but if you’re keep clear of those, do not cross thresholds anywhere, and are doing B2B only, you’re in the clear, right?
- apelapan 4mo agoIt is somewhat annoying dealing with accounting and reporting for reverse VAT as a customer. Not a dealbreaker in itself, but the sort of little thing you don't want to build a stack of. Shady PO-box address, Yahoo contact email, expired ssl certificates etc.