US Companies doing business, launching or expanding into the EU or UK

It has never been more critical for US companies doing business in the EU to take the time to examine their VAT structure and seek advice to put in place operating procedures that will enable maximisation of VAT recovery, cash flow and avoidance of penalties for non-compliance of VAT.

Unlike trading in the US, the EU provides its complex VAT challenges. When partnering with GTR, you will receive personalised VAT compliance advice and services, VAT reclaim solutions, as well as assistance with the many other challenges, including language, political climate, currency and cultural differences.

Typical issues and challenges US companies may confront when dealing with EU VAT:

Reclaim of Cross-Border VAT on (MICE) business travel and accounts payable spend

Importing goods and materials into the European region for onward import to the EU markets.

Importation and storing of goods and materials in the EU region

Operating subsidiaries with marketing and sales activities

Importing demonstration products for evaluation and subsequent sales in the EU

Distribution and sales through online transactions of games, music and software to private individuals in the EU

Complexities of payroll in the EU

Reclaim of VAT on staff relocation costs

From multinationals and established US SMEs to inward investment and startups, it has never been more crucial to examine your company’s VAT structure and processes to maximise your EU VAT recovery, cash flow, and VAT compliance to avoid losses and penalties.

If you would like to talk to us about how we assist US companies operating in the EU or UK please email us at info@globaltaxreclaim.com.

GTR manages our global VAT compliance for many Group entities and tax authorities, streamlining our VAT filings and returns while meeting complex deadlines in multiple currencies. GTR’s in-house expert team and proprietary technologies ensure 100% compliance while delivering full visibility of our global VAT transactions.

GTR’s team have been nothing but professional and top-class since we started working with them.

Director of Accounting, US Cloud Networking Company with a global reach

US Companies doing business, launching or expanding into the EU or UK

Typical issues and challenges US companies may confront when dealing with EU VAT:

If you would like to talk to us about how we assist US companies operating in the EU or UK please email us at info@globaltaxreclaim.com.

Resolving indirect tax compliance and VAT recovery challenges in multi jurisdictions.