INTERNATIONAL VAT CONSULTING SERVICES

VAT is a tax on transactions, not profits. This is crucial to understand. We are concerned with your transactions and commercial arrangements – basically, what are you buying and what are you supplying? When we understand this, we can make VAT work for you and your business.

We understand today’s global market and the increased ability for businesses to source goods and procure services globally without barriers but VAT can be seen as a barrier to getting business done. RBC aims to remove those barriers and make your VAT strategy and tax planning simpler to operate as your business grows and gets more complex. Our ‘Active VAT Management’ approach will help implement a global tax and VAT strategy that harmonizes with your business.

With standard rates of VAT in the EC up to 25% applying to sales and purchases, ignoring or having the wrong understanding of your VAT position – whether in procurement, manufacture or supply – can lead to significant costs and even wipe out your profit margin or negate savings made in otherwise cost-effective supply chains.

RBC will help minimize the cost of VAT, reduce the compliance burden and make VAT simple for your business to handle.

COMMERCIAL STRATEGY

VAT can be a hidden cost and some of the many traps can be overlooked when deals are put together. We can advise on the VAT consequences of your proposed commercial deals and agreements to ensure legal compliance and identify any unseen VAT costs. We are happy to work with your legal advisors to get the best result for you.

BIDDING & PRICING SUPPORT YOUR COMMERCIAL STRATEGY

Understanding VAT can give you a considerable competitive advantage in your pricing. There are a number of circumstances where you can take advantage of the VAT rules and not have to charge VAT, which could make your pricing up to 25% cheaper than the competition.

INWARD & OUTWARD INVESTMENT

You must meet a number of legal obligations in any country in which you make supplies for VAT. Choosing the right VAT structure that suits your business, making the correct notifications and ensuring you obtain all the necessary registrations and rulings can save you a lot of time and money.

SUPPLY CHAIN ANALYSIS

RBC is expert in ensuring a VAT efficient supply chain is in place and in achieving significant cash flow savings. We cover all aspects of your supply chain from procurement to delivery and have international reach so we can deliver a truly global solution.

CROSS-BORDER INTERNATIONAL TRANSACTIONS

RBC has extensive Blue-Chip international VAT experience and can add value to your cross-border business.

You can be caught in the international ‘VAT net’ even if you have no operations overseas. For example, if you buy goods from a foreign supplier and have them delivered to your foreign customer, you almost certainly have overseas VAT issues to deal with.

If you don’t address it, the consequences are usually lost cash, slow payments and unhappy customers or suppliers. It is not productive in terms of time or money. If you have any of the following transactions in Europe we can help you save money and time;

• Imports or Exports
• Drop-ships
• Consignment or call-off stock
• Global or centralized procurement
• Single or multi-country supplies
• VAT paid to suppliers overseas
• Foreign filings or obligations via registrations
• Agency agreements such as Commissionaire, Limited Risk Distributors or Commission agents
• Centralized distribution
• Replacement parts and warranty work
• Real estate and construction
• Training or exhibitions
• Post-merger or post re-organization integration

► VIEW OTHER SERVICES