Our valued sponsor

VAT advice / Cyprus company - EU customers

Lore72

New member
Jul 20, 2022
6
2
3
25
Cyprus
Visit site
We launched a small CSGO case opening website & currently profit around 200K euros per month.

We do about 200-300k euros in crypto "sales/deposits" per month currently with about 25% of that being from customers inside the EU.

We tried to get a vat specialist to help us but they just concluded we would be liable to pay the VAT for any sale by a customer made in the EU.

Is there any way to avoid paying VAT legally via some corporate structure or some loophole?

Obviously, we don't want to break any laws or do any tax evasion?
 
We tried to get a vat specialist to help us but they just concluded we would be liable to pay the VAT for any sale by a customer made in the EU.
The VAT specialist is right.

Is there any way to avoid paying VAT legally via some corporate structure or some loophole?
No. Don't mess with VAT.

If you remain small and under the radar, you could offer services through a non-EU company instead. Even non-EU companies must comply with EU VAT rules when selling to EU customers, though, so it wouldn't be technically legal. However...
Obviously, we don't want to break any laws or do any tax evasion?
Good, then pay VAT.
 

Latest Threads