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Fiscal Representative vs Tax Agent: What’s the Difference in the EU?

Understanding the distinction between a fiscal representative and a tax agent is crucial for businesses operating within the EU, especially for VAT compliance. This guide dives deep into the roles of these two entities, helping you grasp when each is necessary in the context of EU VAT obligations. Introduction In the world of EU taxation, terms like "fiscal representative" and "tax agent" pop up often, but they have distinct meanings that can shape your business strategy. A f

Tax and Financial Advisory

Jan 277 min read

FATF Black and Grey Lists: What They Mean for Global Business

Understanding the FATF black and grey lists is essential for any business operating internationally. These lists identify countries with varying degrees of risk concerning financial crime, particularly related to anti-money laundering (AML) and counter-terrorist financing (CFT) regimes. Here’s what you need to know. What are FATF Black and Grey Lists? The FATF black and grey lists are classifications used by the Financial Action Task Force (FATF) to help manage risks relate

Tax and Financial Advisory

Jan 135 min read

Help Your Cashflow by Waiving VAT on Importation

Improve cash flow by avoiding upfront import VAT using Postponed Import VAT Accounting, with expert support from ASC Consulting.

Jan 64 min read

When must you register your company for vat in europe?

Understanding VAT registration in Europe is crucial for businesses that wish to operate smoothly within the EU. This guide clarifies when a company, whether based in the EU or outside, needs to register for VAT. Navigating the intricacies of European VAT rules can seem daunting, but with practical insights, you can ensure compliance and avoid any nasty penalties. Introduction to VAT Registration in Europe Value Added Tax (VAT) is essentially a consumption tax levied on the va

Dec 16, 20258 min read

Legal responsibilities of a fiscal representative in the EU

Understanding the legal responsibilities of a fiscal representative is crucial, especially for non-EU companies navigating the complexities of VAT compliance in the EU. A fiscal representative is not just an intermediary; they take on significant obligations that can have real consequences for both themselves and the companies they represent. Introduction Navigating the maze of VAT compliance in the EU can feel like a daunting task for non-EU companies. Enter the fiscal repre

Tax and Financial Advisory

Dec 9, 202510 min read

Understanding Incoterms 2025, A Quick Guide for Beginners

Navigating the world of international trade can seem daunting, especially if you’re new to the game. One critical aspect of global shipping is knowing the terms that govern responsibilities and costs. Enter Incoterms 2025. This updated guide aims to break it all down for you, keeping things simple and straightforward. What Are Incoterms? Incoterms, short for International Commercial Terms, are a set of standardized rules created by the International Chamber of Commerce (ICC)

Entry and Distribution

Nov 25, 202510 min read

Cash Flow Management, How to Optimize Your SME’s Finances

Cash flow management is a crucial component of running a successful small and medium-sized enterprise (SME). If you’re looking to keep your business afloat and thriving, understanding the dynamics of cash flow can make all the difference. This article will delve into what cash flow management means for SMEs and provide practical strategies and tools for improving liquidity, enhancing financial planning, and fortifying your SME cash flow strategy. Understanding Cash Flow Manag

Digitalization & Systems

Nov 11, 20257 min read