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 has been successfully looking after our European cross border VAT recovery since 2017 with material recovery values received to date. As we have navigated our swift European expansion over the past number of years, GTR has also been a valued partner on the VAT planning and compliance side with significant involvement in managing multiple complex EU VAT registrations on our behalf in the that time. We work very closely with GTR when planning to begin operating in new jurisdictions globally. I have always found that Alan Byrne and his team offer an excellent service over any other provider. In challenging times, or when planning for future expansion, it’s good to have GTR in my corner.

Tax Manager, One of Irelands largest construction contractor with projects in the UK and EU