This guide is for e-commerce companies that sell online via web-stores or at marketplaces.
VAT Standard rate
VAT Reduced rate
See the summary of the EU VAT rates
From the 1st July 2021, the distance selling thresholds were withdrawn and replaced by a unified threshold of EUR10,000 for all EU members.
In other words, VAT should be charged at the VAT rate of the customer’s country of residence by companies whose annual taxable cross-border turnover is over EUR 10,000.
To check if you have exceeded the threshold add together the total value of distance sales, you should exclude:
- Intra-Community supplies of goods,
- Supplies of new means of transport or of goods that are subject to excise duty,
- Those supplies for which the margin scheme is applicable.
If you paid invoices before VAT registration you may deduct them after your registration.