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Results tagged with vat
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user 26342
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Hong Kong company taxes for European clients
I've read that not only do I not have to charge 21% VAT to my client from Belgium, but that my client does not need to pay it as well because I will be outside of EU. … (source in Dutch) This means that neither Belgium nor Hong Kong is receiving any VAT. Can I get some confirmation that this is true? …
- 131
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Hong Kong company taxes for European clients
For the first question: Why do EU countries not pay VAT to non-EU but do pay VAT to EU companies?
A: They actually don't pay it in either case. … If the company you're buying from is within the EU, then they charge you VAT and you recover it when filing your taxes. So in the end it balances out. …
- 131