VAT in Asia

Discussion in 'International Business' started by mk17divers, Jan 6, 2021.

  1. mk17divers

    mk17divers UKBF Newcomer Free Member

    1 0
    Good day everyone and thanks for welcoming me to the site.

    My query is this:
    I have been working in Asia(Taiwan) for the last 7 months with 1 month spent at home.
    I am employed through a UK agency working on offshore windfarms however they have offices in Taiwan also.

    Do I have to charge VAT on my invoices as I have now reached the threshold level?
    I have conflicting answers given so far from Yes you do charge VAT but do not pay anything because you work in Taiwan to Yes charge VAT and pay HMRC it as the agency is UK based.

    I look forward to your response.

    All the best

    Gary
     
    Posted: Jan 6, 2021 By: mk17divers Member since: Jan 6, 2021
    #1
  2. Larry Fong

    Larry Fong UKBF Contributor Full Member

    77 8
    VAT is tax on goods and services for the local spending. Taiwan does not charge VAT. Actually, most of the Asian countries do not have VAT.
     
    Posted: Jan 7, 2021 By: Larry Fong Member since: Dec 16, 2020
    #1
  3. Bob Morgan

    Bob Morgan UKBF Ace Free Member

    1,151 358
    The Philippines (ASEAN) has VAT levied at 12% I have a Production Office based there. NO VAT is chargeable to UK Clients. However, we do have to obtain an Exemption Certificate from the Bureau of Internal Revenue (BIR) before we commence work.
     
    Posted: Jan 7, 2021 By: Bob Morgan Member since: Apr 15, 2018
    #1
  4. Larry Fong

    Larry Fong UKBF Contributor Full Member

    77 8
    Just missed up Philippines. You are right, Philippines has VAT.
     
    Posted: Jan 8, 2021 By: Larry Fong Member since: Dec 16, 2020
    #2