VAT Compliance

VAT registration in Germany involves certain obligations for foreign companies, including the submission of preliminary and annual tax returns, as well as providing information to the tax authorities when requested.
These tax returns must be filed using official forms and transmitted electronically. It's important to adhere to specific deadlines for different tax liabilities, such as preliminary VAT returns, INTRASTAT declarations, and EC sales Lists.
At TaxSpot, we offer comprehensive VAT compliance services for foreign companies. Upon receiving the necessary documentation from the company registered in Germany, our team verifies the information, registers the VAT data, and submits the preliminary VAT returns. We also handle the transmission of INTRASTAT returns, EC sales Lists, monitor deadlines, review incoming and outgoing invoices, liaise with tax authorities, facilitate VAT refunds, and assist in obtaining the EORI number for imports into the EU.

VAT returns

In Germany, every company that is registered for VAT, whether they are a resident or non-resident, is required to report taxable transactions and reverse charge invoices by submitting periodic preliminary VAT returns.
Typically, monthly preliminary VAT returns are required, although depending on the annual VAT payments, quarterly or annual VAT returns may also be permitted by the tax authorities. If a company submits monthly or quarterly preliminary VAT returns, they must also submit an annual final VAT return for the entire calendar year.
In addition to reporting German sales, services, and output VAT in the VAT return, companies have the opportunity to offset these amounts by declaring German import, input, or purchase VAT.

Review of invoices

In simple terms, an invoice is a document that an entrepreneur or a third party creates on behalf of the entrepreneur to bill for a delivery or service provided to a recipient.
In Germany, it is mandatory to keep records of incoming and outgoing invoices for a minimum of ten years. Invoices must be issued for sales made to companies, but there is also an obligation to issue invoices to private individuals in certain cases.

Exchange rates for VAT purposes

You can access the exchange rates for VAT purposes that are published by the Finance Ministry via the German website.

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