Definition
EU VAT rates refer to the standard, reduced, and zero rates of value-added tax (VAT) applied to goods and services across European Union (EU) member states. These rates vary by country and may also include exemptions and special provisions for certain types of transactions or goods. Businesses operating within the EU must be aware of and comply with the VAT rates applicable to their specific products and services.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.