VAT - Global Contracts

VAT Global Contracts


A North American company that offers a Global Contract for services to customers in North America or EU may be liable for VAT. When a company has a global contract with North American or international providers where part of the services are done in Europe, this business might also incur VAT.

In order to get the VAT refund, it may be necessary to register for VAT in one or more EU countries, and to charge VAT to the customer. Sometimes the VAT can be reclaimed without prior registration.

EuroVAT will assist in assessing the VAT rules and also with the VAT registration and management of the VAT. This may ultimately save the company 17-27% of the cost of doing business in EU.