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VAT & Tax Compliance

Maximize VAT recovery and improve cash flow

VAT & Tax compliance

- Maximize VAT recovery and improve cash flow

Our Services

VAT compliance, tax representation, and outsourcing services

For non-European companies doing business in Europe, the European VAT can be challenging to understand and implement.

VAT should not result in a cost when doing business. However, in order to avoid that, it’s important to manage compliance regulations and the cash flow effects too, since VAT may not always be recovered quickly.

First European can assist your business, whether you are already operating in Europe or just thinking about expanding into the EU.

Our operating procedures will enable maximization of:

Checklist

How to get started with VAT compliance

Step 1. Obtain initial high-level tax/and legal advice on structure

Procedure
Dutch advisor should comment on tax/and legal requirements of intended set-up.

Timing
10 business days

Executer
Dutch (tax) advisory firm

Step 2. Incorporate DutchCo

Procedure
Engage with Dutch notary, who will draft PoA for incorporating person or body and draft the articles of the to be incorporated company.

Timing
5 to 10 business days

ProcedureExecuter
Dutch notary

Step 3. Provide local director

Procedure
Provide local director(s) to enable to local company to comply with local substance requirements (at least 50% of board should consist of resident directors).

Timing
5 to 10 business days

Executer
First European

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