 Did you know...
Every non-European Union based merchant selling digital goods and services to EU-based customers, including suppliers in the USA and Canada, needs to charge and collect Value Added Tax on behalf of the customer’s home government.
Did you know...
Regardless of your business size you are legally required to charge VAT and send it to the customer's government.
Did you know...
If you don't collect this tax you can be prosecuted, fined, and run the risk of your intellectual rights not being safeguarded in European courts.
Can you afford to take the risk? No!
Is there a simple and free solution to the VAT problem? Yes, ez-EU! |
ez-EU - A simple, free solution |
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Intecard has developed a free service, EZ-EU, that gives merchants a simple and painless solution to the EU VAT problem with minimal administrative overheads, and enables them to receive the same advertised retail price for their goods as if they were selling domestically. The tax is added simply, transparently and painlessly at the customer's end and is included in the cost of their currency transaction.
EZ-EU automatically calculates the amount of tax due and adds it to the displayed price in the customer’s own currency. For those who process through Intecard, we will handle all accounting and settlement issues on behalf of the merchant – all at no additional cost to the vendor.
> How ez-EU works
You get the full retail price with no extra paperwork, the customer gets a single displayed price for total payment in their own currency, the EU governments get their tax revenue - it's a win-win-win scenario!
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See the ez-EU difference!
This live currency table shows examples of the price to the consumer for merchants from anywhere in the world selling to EU-based consumers in their local currencies with VAT included.
The fifth column shows this the price applied if the ez-EU Cyprus solution is used, so that a standard 15% VAT rate applies for each EU country; in this case Intecard administer and collect the VAT and deal with all the relevant tax authorities.
The seventh column shows the selling price if the merchant sells directly from their own country and therefore has to add the VAT rate applied by each individual state, varying between 15 and 25%; in this case the merchant has to administer and deal with all the tax authorities separately.
The example assumes a sale price of 100 units of the home currency of the merchant; the base example assumes this to be US dollars. |
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