Voluntary VAT payer

A voluntary VAT payer is an entrepreneur who does not have to pay VAT according to the law, but voluntarily registers for it. The main reason for this decision is that most of the business partners with whom the non-VAT payer has traded so far are VAT payers. The change from a non-VAT payer to a VAT payer usually makes goods and services more expensive, but VAT payers do not perceive it that way because they deduct the VAT. As a result, the entity gets a little more money for its goods or services. If a company trades with foreign countries, non-payers of VAT look suspicious and it is difficult to establish business relationships. VAT payers, on the other hand, are equal and trustworthy partners for foreign companies. This makes the status of “voluntary VAT payer” worthwhile. Marketing reasons are also important. If you only offer services and are a business with no employees, it is difficult to reach the mandatory turnover limit. However, becoming a voluntary VAT payer will increase your prestige. Your business partners may assume that your monthly turnover is higher than two million crowns if they see that you are a VAT payer. Business partners will therefore perceive you as a bigger and more trustworthy company and you can get bigger contracts