by Rangel Hristov | Apr 8, 2015 | Accounting and Taxation, E-Commerce, News and Events
In case your company has converted a huge amount of EU-people to paying customers for your IT and online products and services, we truthfully wish you to retain them and continue growing. Yet, you should consider that commencing January 01, 2015 a new European VAT regulation is effective for all companies providing so called “electronically supplied services” to citizens or residents of the EU member states, regretfully regardless of the number of customers. List of Applicable Services To all of you who will ask what stays behind “electronically supplied services” and whether my company is a qualified provider: if you find your company’s business in the list of services below, start getting seriously interested: Website hosting and webpage hosting; Automated, online and distance maintenance of programmes; Remote system administration; Online data warehousing where specific data is stored and retained automatically; Online supply of on-demand disc space; Accessing or downloading software (including procurement/accountancy programmes and anti-virus software) plus updates; Software to block banner adverts showing otherwise known as Bannerblockers; Download drivers, such as software that interfaces computers with peripheral equipment (such as printers); Online automated installation of filters on websites; Online automated installation of firewalls; Accessing or downloading desktop themes; Accessing or downloading photographic or pictorial images or screensavers; Digitized content of books and other electronic publications; Subscription to online newspapers and journals; Weblogs and website statistics; Online news, traffic information and weather reports; Online information generated automatically by software from specific data input by the customer, such as legal and financial data (in particular such data as continually updated stock market data in real time); The provision of advertising...
