You have French business customers, but you do not have any structure established in France yet. You want to be on an equal footing with your long established competitors in the French market and issue your invoices including Value Added Tax (VAT) exactly like if you were a local company.
It is important for you, the seller, to avoid imposing the hassle of VAT paperwork associated with import sales (which is the case if you invoice without VAT) on your customers. You do not want either to advance VAT for them and get into trouble reclaiming it, nor absorb the VAT (19.6%) in your price (VAT is not supposed to have any impact on intercompany costs).
Until you have established a full-scale subsidiary, the fiscal representation agreement with its is a flexible and economical way to deal with all these constraints.
When its is your fiscal representative, its can issue invoices in your name bearing the VAT amount and process this tax on your behalf. Since its is a French legal entity liable for French taxes, we are authorized, under certain conditions, to act as a fiscal representative for non-resident companies.
VAT refund
You are not established in France and you do not carry out any VAT liable activities, recover your VAT on your business expenses in France.
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Fiscal representation in Poland
Your company needs a fiscal representation in Poland, ITS POLSKA our Polish branch can help you. Contact us...
Why having a fiscal representative ?
You have French business customers, but you do not yet have any structure established in France. You want to be on an equal footing with your long established competitors in the French market and issue your invoices including Value Added Tax (VAT) exactly like if you were a local company.
It is important for you, the seller, to avoid imposing the hassle of VAT paperwork associated with import sales (which is the case if you invoice without VAT) on your customers. You do not want either to advance VAT for them and get into trouble reclaiming it, nor absorb the VAT (19.6%) in your price (VAT is not supposed to have any impact on intercompany costs).
Until you have established a full-scale subsidiary, the fiscal representation agreement with its is a flexible and economical way to deal with all these constraints.
When its is your fiscal representative, its can issue invoices in your name bearing the VAT amount and process this tax on your behalf. Since its is a French legal entity liable for French taxes, we are authorized, under certain conditions, to act as a fiscal representative for non-resident companies.
How does fiscal representation work ?
To become your fiscal representative, we enter into a contract which requires a power of attorney from you, and authorizes us to register your company for VAT. We get a VAT number specific to your company and handle all VAT files on your behalf (debit and credit).
The plus of its fiscal representation
its services include practical advice and even defending your interests in your relationship with the French tax administration - we have 15 years of practical experience and a good working relationship with the local tax authorities. Our experience is based on a wide array of trade/VAT situations since our clients are headquartered in all continents. Taping on this experience can save you a lot of time and money as opposed to handling everything yourself from your offices.
It is its' duty to be up-todate with local regulations, which means a more simple life for your corporate headquarters.
Since January 1, 2002, European companies no longer need to appoint a fiscal representative in France. In spite of this change, most of our European customers have prefered to carry on with its fiscal representation service, due to complexity of tax matters.
Insurance Premium Tax and other special cases
In some cases, the fiscal representation is required by authorities. One of these cases is the insurance premium tax ("IPT") that we also deal with.
Do not hesitate to contact us for a customized study of your situation.
