Tax
What is Indirect Tax
Indirect Tax is a collective term for VAT, duties, and customs. Optimal handling of these areas directly improves your operations and financial situation. This briefly summarizes the benefits of our indirect tax advisory services.
Our indirect tax department advises Danish companies and organizations on VAT, customs, and duty-related consequences and opportunities associated with all aspects of operations and financial transactions.
We advise on all kinds of questions, both regarding the ongoing operations of the company and extraordinary measures such as buying or selling a company, corporate restructuring and reorganization, establishing or changing operations abroad, and much more.
In short, we can ensure that applicable laws and regulations for VAT, duties, and customs are complied with, while also ensuring that you do not pay more than necessary.
What is VAT and VAT Advisory?
For companies and organizations, VAT can be much more than 25%. Errors in calculations or lack of updates on applicable VAT exemptions are just two of the areas where things can go wrong. At the same time, VAT rates vary from country to country.
In other words, there is a lot to keep track of when it comes to VAT. Our VAT advisory services help you stay up to date with current regulations, correct registration and handling of VAT, and optimization of VAT-related workflows.
Read more about our VAT advisory services and related services here.
What are Duties and How Can You Optimize Duty Handling?
Many Danish companies and organizations are entitled to refunds of larger duty amounts than they may be aware of. One reason is that it can be overwhelming to navigate which duty rules, duty deductions, and duty exemptions apply to the individual company or organization.
What is the situation with energy duties? How good is your internal procedure for measuring consumption? Have you established a proper procedure for handling duties and duty deductions? These are just some of the areas we can assist in optimizing.
Read more about duties and our related services here.
What is Customs and What Do You Have to Pay?
The consequences of customs on international trade and international projects play a constant and significant role for many Danish companies and organizations. A solid understanding of the impact of customs on production, trade prices, and supply chains is essential to remain fully competitive and streamlined. We can contribute to this overview. What you have to pay in customs, as well as where and to whom, are some of the aspects we can help clarify.