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Under the current rules, companies and platform operators supplying various B2C services in different EU countries are often obliged to register for VAT purposes in many different countries and meet the local compliance obligations. The new rules will facilitate such companies in making it possible to report VAT in one single ‘One-Stop-Shop’ VAT return in one EU country and deregister for VAT purposes in all other EU countries.
We can assist you in assessing the impact of the new rules on your business model. Implementing the One-Stop-Shop requires important adjustments to your ERP system and other administrative and reporting systems. We have the right knowledge to facilitate this. Our extensive network of PwC offices also guarantees deregistration for VAT purposes in the most efficient way possible in all countries involved.