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VAT/TAX Accountant for 300+ transactions monthly?

Wayugo

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Mar 31, 2023
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Belize City
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Scenario: Selling low price products, ie. ticket price varies from 20-30 EUR.

All accountants I have checked from Bulgaria to Cyprus to Malta to Romania charge around 6-7 EUR per invoice.

I am baffled. How should this work out if an accountant would charge basically more than the profit after VAT?

Currently I am generating 300+ invoices per month selling through an offshore company from outside the EU with no audit/tax requirements but are in the position to scale up the sales to 1000+ and want to get VAT registered in the EU and get an accountant for that. It just seems to be impossible.
 
If you make it easy for the accountants, you can usually work out a flat rate. For example, if your system is able to produce reports which correctly calculates VAT and if you can automate things like inventory and shipping costs, go back and negotiate with the accountants. Some will insist on per invoice fee. Ignore them and keep looking.
 
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I can recommend a decent Croatian English-speaking accounting firm that will gladly accept an Excel sheet containing invoice/sales data on a monthly basis. Expect the price to be in the 200-300 EUR per month range.

I am not affiliated with them, just used them for a Croatian LLC where I had to submit monthly MOSS reports in addition to regular accounting stuff.
 
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