If you sell goods to countries outside the EU, exports are exempt from VAT . However, it is necessary to prove that the goods were actually exported from the EU. As a possible means of proof, it is possible to use a decision of the customs authority on export to a third country with a confirmation of export of goods from the EU. If you do not have this document available, you can also prove this fact by other means of proof, for example, a purchase contract or proof of payment. We also recommend checking the conditions for registration for VAT or a similar tax in the third country.
If, on the other hand, you purchase goods from countries gambling data japan outside the EU, you do not have to worry about whether the supplier is a VAT payer or not. You will carry out the so-called self-assessment of VAT , which means that as a buyer you must pay VAT. If you meet the conditions set by law, you can also claim this VAT back in your tax return.
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Additional acquisition costs
Another significant item in the costs of any online store are ancillary acquisition costs. In most cases, this means shipping, commission, insurance, etc. These costs must be included in the value from which VAT and customs duties are assessed.
Authors:
Assida Fazliyeva, Assistant Tax Advisor
Student of the University of Economics in Prague, majoring in how can images make your Accounting and Financial Management. She has been working in the EKP team for almost half a year as an assistant tax advisor and would like to further develop herself, mainly in the area of international taxation. She actively follows tax news and attends seminars on tax and accounting issues. She is active in writing professional texts.
Jan Tecl, partner and tax advisor
He is a member of the VAT and International Taxation Sections of the Chamber of Tax Advisors in the Czech Republic. He also focuses on the area of real estate and related issues.
Jan Tecl will help you with many types of tax returns, such as thailand data VAT or income tax, and also focuses on international taxation or the tax implications of company transformations. Jan Tecl also specializes in tax audits and disputes and will represent you in negotiations with the tax administrator.
Thanks to more than 10 years of experience, he also provides expert opinions in the field of taxes and accounting. In addition to long-term cooperation, you can also contact Jan Tecla for ad hoc consulting. 20 real estate companies with a foreign element or set up taxes and reporting for start-ups.