START A GERMAN BUSINESS: YOUR GUIDE TO SUCCESS

In Germany, VAT (Mehrwertsteuer) is a critical aspect of business operations. As a business owner, you need to report the VAT you collect on sales and the VAT you pay on purchases. The standard VAT rate is 19%, and a reduced 7% rate applies to certain goods and services, such as food and books.VAT reporting in Germany requires filing periodic VAT r

IntroductionVAT registration is essential for businesses selling products or services within the EU. However, the process and regulations can vary depending on the country. Here’s what you need to know before applying for European VAT.Why Register for VAT?VAT is a mandatory tax for businesses that exceed certain sales thresholds. Registering for