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 provided our company outstanding service in all areas of our VAT compliance and recovering 8th Directive cross-border EU VAT on behalf of the European Head Quarters and various other EU entities since 2004. GTR’s diligent approach is exceptional.

European Financial Controller, Global Animal Nutrition Company