Basics

• Do I Need a VAT Number for My Estonian Company?

  Your company needs an intra-community VAT number if any of these conditions apply: First, if your company offers services such as development, design, consulting, marketing, etc., to European customers, and its earnings exceed 40,000 euros a year. Also, if you offer digital services or products (software or digital content) to European B2C customers (final consumers) from the first sale. Finally, if you offer digital services or products (software or digital content) to European B2B cusSome readers

• What Is My Company’s VAT Number?

  Your company, at the time of entering the Estonian registry, obtains a registration number. This number, along with the name of your company, serves to identify it, and should be included in the invoices that you send to your clients or your suppliers send you. It is composed only of numeric digits (eg. 123456789). If your company also obtains an intra-community VAT number and enters the VIES register (included free of chargFew readers

• When Do I Have to Submit the Vat and Taxes Reports?

  The VAT report can be submitted by the 20th day of each month, and the TSD report can be submitted by the 10th day of each month.Few readers

• How Do I Know if a Company or Freelancer Has a Valid VAT Number?

  You must make sure when dealing with a European company, that they are really registered as VAT operators and have a valid VAT number. Some companies or professionals may lie in order to avoid VAT. On the official website of the EU Commission (VIES), you can check if a VAT number is valid. If not, you should check with the company and ask them to give you their valid VAT number, or you will have to include Estonian VAT in the invoiceFew readers

• What should I do to let my online bank know that I was granted a VAT number?

  Once you have your VAT number, you must open a support ticket to your online bank asking them to update your company information to include your VAT number. You can do it by accessing your online bank account and clicking on the help/contact us option.Few readers

• How Does VAT Work With Amazon FBA?

  Depending on where you're based and your VAT registration status, your invoice might include info about VAT. If you use OSS for VAT reporting, VAT details will be in the OSS report. Often, Amazon asks you to register for VAT in countries where you're likely to exceed the VAT threshold. You'll need to get a VAT number and make regular VAT submissions in these countries. Amazon teams up with partFew readers

Application

• What do I need to obtain a VAT number?

  The intra-community VAT number is very convenient for working with European customers and suppliers. To obtain it, we need some information from you, as well as a series of requirements: First of all, we need your company to have a bank account with European IBAN. Any country in the European Community is worth it. Without a European bank account, in our experience, the VAT application will most likely be rejected. We also need you to send us some information. Please, be as detFew readers

• How Do I Apply for a VAT Number with Companio?

  That’s the best part, we will do it for you. To do that, we need your company to have a European bank account (with a European IBAN) and some information about your business, including its activity, source of revenue and expenses, a detailed description of how the business operates, who are your customers, and how do you find them. With all this information, and as part of the business setup process, we will apply for the VAT number of your company. If you need help or have any qFew readers

Submission

• Why do I pay VAT (VAT) if my expenses exceed my income?

  Sometimes, even though you have had more expenses than income, you find that you have to pay VAT. This may seem confusing at first. Why do I have to pay it if we have had losses? You have to understand how VAT works. VAT (Value Added Tax) is a tax that applies to your sales to European customers if your company is subject to it (that is, if you have a VAT number). In these circumstances, it is added or not to the invoices taking into account some rules. Specifically, some operations are exemFew readers