VAT optimization

1. Use of VAT exemptions: Companies can obtain VAT exemptions for certain operations (e.g., exports of goods, financial services, etc.). It is important for companies to understand the VAT rules applicable in each country they operate in and work with tax professionals to identify applicable VAT exemptions.
   
2. Reduction of applicable VAT rates: Companies can seek ways to reduce the applicable VAT rates for their operations. For example, companies may consider restructuring their activities or contracts to benefit from lower VAT rates.
   
3. Use of the VAT margin scheme: Companies selling second-hand goods can opt for the VAT margin scheme. This means that VAT is only due on the margin realized during the sale, rather than on the total selling price.
   
4. Use of VAT refunds: Companies can recover the VAT paid on goods and services they have purchased for their operations by requesting VAT refunds. It is important for companies to understand the VAT refund rules in each country they operate in and plan their cash flow accordingly.
   
5. Use of special VAT regimes: Companies may be eligible for special VAT regimes, such as the simplified regime or the agricultural regime. These regimes can simplify tax compliance for companies and reduce compliance costs.
   

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