As a en entrepreneur, you’re legally required to declare and pay the Value Added Tax (VAT).
VAT rates, Collected VAT, Deductible VAT, tax regimes…It’s true this tax obligation may seem complicated at first if you’re not familiar with accounting jargon.
To help you see things more clearly, we’ve put together this in-depth article on the subject.
What is VAT? How does it work? How do you calculate and deduct it? What tax regime should you choose? Is it possible to be exempt from collecting VAT?
This article answers all of your questions.