The Taxe sur la valeur ajoutée (TVA) of 3 July 1969, as revised (the “ VAT Code “), was the first piece of contemporary Belgian VAT legislation. The VAT Code incorporates the European Union Directive 2006/112 on a common system of value-added tax (the “EU VAT Directive”) into national law.
VAT is a tax on consumption borne by the final consumer. VAT is collected in successive steps, i.e. every transaction of a production and distribution process. The normal rate is 21%. However, the lower rates of 0%, 6% and 12% are applied to certain categories of goods and services. More information on rates (fr).
What is the TVA Rate in Belgium?
Belgian VAT Rates (TVA Belgium) Value Added Tax in local language is ‘Belasting over de Toegevoegde Waarde’ (BTW) – in Dutch – and ‘ Taxe sur la Valeur Ajoutée’ (TVA) – in French -. The Belgian VAT rates are: Standard rate: 21%
What is VAT in Belgium?
Belgium.be Official information and services. Goods and services that are provided by an enterprise are subject to VAT, in principle. VAT is a tax on consumption borne by the final consumer. VAT is collected in successive steps, i.e. every transaction of a production and distribution process. The normal rate is 21%.
What is the VAT warehousing regime in Belgium?
Belgium has introduced VAT warehousing regime applicable under specific conditions. In this case, the transaction is exempted and no VAT registration is required for the foreign company.
What is the tax point in Belgium?
The tax point is the time when VAT becomes due. As a general rule, tax point arises in Belgium when the invoice is issued. If there is no invoice issued, the tax point arises the 15 th day of the month following the month when the goods or services were supplied.
What is a TVA number in Belgium?
Belgian Number Format
| Country Code | BE |
|---|---|
| Format | 1234567890 |
| Characters | 10 characters |
| Notes | Prefix with zero ‘0’ if the customer provides a 9 digit VAT number |
Is TVA the same as VAT?
Taxe sur la Valeur Ajoutée stands for Value Added Tax (VAT) in English. TVA is a general consumption tax based on the value added to goods and services. It applies to goods and services bought and sold in the European Union. Companies selling above a certain turnover threshold have to start collecting TVA.
Do I have to pay VAT in Belgium?
The standard VAT rate is 21%. This rate applies to all goods and services not qualifying for one of the reduced VAT rates. The following supplies of goods and services have a 12% VAT rate: Phytopharmaceutical products.
How do I pay VAT in Belgium?
Belgian VAT payments
VAT payments in Belgium can be done from a foreign bank account. It is not mandatory to make payments from a local or SEPA bank account. VAT payments must be done by the 20th day of month following the reporting period.
What is TVA on invoice?
TVA (Taxe sur la Valeur Ajoutée) is an expenditure tax imposed on consumers of goods and services.
What is my VAT ID number?
What is a VAT identification number? Sometimes also known as a VAT registration number, this is the unique number that identifies a taxable person (business) or non-taxable legal entity that is registered for VAT.
What is the meaning of TVA?
1. tax on value added: a sales tax imposed by member nations of the Common Market on imports from the U.S. and other countries. 2. U.S. Government.
How do I get my VAT refund Belgium?
Request the VAT Refund form from the vendor. You will require your passport for this. Before leaving the EU, go to the customs office to have your VAT Refund forms stamped. Remember to take the goods for which you wish to receive a VAT refund with you to the customs office.
Do I have to pay customs charges to Belgium?
All commercial shipments (including those under € 22) arriving in Belgium from 1 July 2021 onwards and imported from outside the EU will be subject to VAT and import fees. If you have paid VAT in advance, you will not have to pay any additional import costs when your shipment arrives in Belgium.
How much do you tip in Belgium?
The amount you tip in Belgium will depend on where you are and what type of services you’re buying. As a general rule, expect to tip around 10% of the bill. If you get exceptionally good service, say thank you with a tip closer to 15-20%.
What does a Belgian VAT number look like?
What is the structure of the VAT number? Belgian VAT numbers have 12 characters. The first number following the prefix is always ‘0’. The last 2 digits constitute a control number.
Do I have to do a VAT return?
All VAT-registered businesses must submit VAT Returns – even if there’s no VAT to pay or reclaim. Businesses that aren’t VAT registered don’t need to submit VAT Returns.
What does a Belgian VAT number look like?
What is the structure of the VAT number? Belgian VAT numbers have 12 characters. The first number following the prefix is always ‘0’. The last 2 digits constitute a control number.
What is a CBE number in Belgium?
Upon registration in the CBE each entity receives a company registration number. The use of this number is required by law. The company registration number is a unique identification number consisting of 10 digits, starting with 0 or 1.
What VAT number means?
A VAT number is a registered tax identification number in tax systems that use Value-Added Tax (VAT). When you register for VAT in a single country, you receive this identifier for their system.
How can I get my tin number in Belgium?
No, because in Belgium there is no such thing as a tax identification number (TIN) or a separate tax registration procedure. What we do have is a national registration number consisting of 11 digits (YY. MM. DD-XXX.
What is the TVA Rate in Belgium?
Belgian VAT Rates (TVA Belgium) Value Added Tax in local language is ‘Belasting over de Toegevoegde Waarde’ (BTW) – in Dutch – and ‘ Taxe sur la Valeur Ajoutée’ (TVA) – in French -. The Belgian VAT rates are: Standard rate: 21%
What is the VAT rate for BTW in Belgium?
BELGIUM (TVA / BTW) Belgium being an EU member state falls under the EU VAT regime. Member states must adopt EU VAT Directives into their own legislation. Standard VAT Rate: 21%. Reduced VAT Rate: 12%, 6%. Registration Threshold Distance Selling: 35,000 €. EU VAT number format: BE0999999999.
How do I collect VAT in Belgium?
Suppliers of goods or services VAT registered in Belgium must charge the appropriate VAT rate, and collect the tax for onward payment to the Belgian tax authorities through a VAT filling: see Belgian VAT returns briefing.
What is the tax system like in Belgium?
The tax system in Belgium Tax rates in Belgium are some of the highest in Europe. The Belgian tax rates amount to an effective rate of more than 50% for the highest earners (once social security is factored in), in comparison to an average of 45% in the rest of Europe.