Practical guides on VAT, GDPR, banking, and EU compliance. Save money, work legally, grow faster.
Everything you need to know about VAT registration, OSS/IOSS schemes, reverse charge, and how to avoid tax traps.
If you sell goods or services in the European Union, VAT (Value Added Tax) is unavoidable. Rates vary from 17% in Luxembourg to 27% in Hungary. Knowing where and when to register is critical to avoid penalties.
Each EU country has its own threshold for VAT registration. For cross-border sales, the €10,000 EU-wide threshold applies. Once exceeded, you must register for OSS (One-Stop Shop) or IOSS (Import One-Stop Shop).
For B2B services across borders, the reverse charge shifts VAT liability to the buyer. This means you invoice without VAT and the buyer accounts for it locally. Incorrect wording on invoices can lead to rejected VAT deductions.
Use our VAT Calculator to instantly add or remove VAT for any EU country.
Cookie banners, data processing agreements, breach notifications — stay compliant.
The General Data Protection Regulation applies to any business handling EU citizens' data. Fines can reach €20 million or 4% of global turnover.
Use our GDPR Checklist to verify your website compliance in 5 minutes.
Selling goods or digital services? Understand the €10,000 threshold.
For EU-based sellers of goods and digital services. You report and pay VAT for all EU sales in one country.
For non-EU sellers shipping goods worth ≤€150 to EU consumers. VAT is collected at checkout and remitted monthly.
Use our OSS/IOSS Navigator to find the right scheme for your business.
Stop losing money on incorrect transfers. Learn the difference.
Identifies an individual account within SEPA. Used for EUR transfers within EU/EEA.
Identifies the bank itself. Required for international wires outside SEPA.
Validate any IBAN with our IBAN Validator.
Importing goods? Calculate duties and import VAT before shipping.
Duties are calculated on CIF value (Cost + Insurance + Freight). Rates vary by product category (HS code).
Paid at the rate of the destination country. Can be deferred with an EORI number.
Use our Customs Duties Calculator for estimates.
Tax rates vary wildly — know the real cost before hiring.
High taxes: ~53% total burden. Net from €3000 gross ≈ €1800.
Progressive tax up to 45%. Social contributions ~20%.
Employer contributions can exceed 40% on top of gross salary.
Use our Salary Calculator for EU countries.
B2B cross-border services require specific legal text.
For reverse charge invoices, include: "VAT reverse charge – Article 44/196 of EU VAT Directive".
Your client cannot deduct VAT. You may be liable for the VAT amount.
Generate compliant invoices with our Invoice Builder.
Traditional banks charge 2–5% on international transfers. Wise charges up to 10x less.
When you send €10,000 to a supplier in Poland, a traditional bank might charge €200–500 in hidden exchange rate markups. Wise uses the mid-market rate and charges a transparent fee (often <€50).
Join 300,000+ businesses already using Wise. Regulated by FCA and other global authorities.
