VAT Compliance

Staying VAT-compliant requires proper invoicing, record-keeping, and timely reporting. This section covers the rules for issuing tax invoices, maintaining purchase and sales records, handling VAT audits, common compliance mistakes to avoid, and the penalties for non-compliance.

  1. VAT audit

    Audits by the Tax Authority on VAT

  2. VAT penalties

    Fines for VAT violations

  3. Fictitious invoices

    The offense of fictitious invoices and the penalties

  4. Obligation to register receipts

    Obligation to register cash and credit card receipts

  5. Saving documents and records

    Obligation to keep business documents