When setting up online business that have a presence in foreign countries is necessary that the tax payer know his vat obligation in the jurisdiction in which he operates online.

KEY ITEMS

-A lot of countries has VAT threshold for registration and filing of VAT

-If your online sale in a particular territory is not more than 800USD per month; you may be exempted from

VAT registration and filing in some countries.

-You might also consider if you are required to register and file for vat in the country you operate.

DISCLAIMER.

We disclaim all liability arising from reliance on this article. Seek assistance of a professional who understand your particular circumstance.