EU periodic VAT declaration

The sales to customers in other EU countries is exempt from VAT, but the VAT must be calculated and reported to Verohallinto in the EU periodic VAT declaration. The report is submitted to Verohallinto monthly. Refer to the Verohallinto to learn more about which reporting period applies for your company.

Please note that VAT-exempt sales only apply to customers in other EU countries and are only permitted if the customer has a valid VAT number. In order for the invoice to be registered as a VAT-exempt sales, the customer's VAT number must be entered in the program's customer register.

The VAT number should start with a two letter country code (like SE, NO, FI), followed by up to 12 characters consisting of the letters A-Z or the digits 0-9. Hyphens, periods, spaces and other special characters are not allowed. Please note that the program does not verify whether the VAT number exists or not, so it is important that you enter it correctly.

The declaration is drawn up as follows:

When an invoice to a foreign customer is posted against a ledger account that has an associated VAT code, the VAT code is saved on the journal entry. From here, the program retrieves the information that is later reported in the EU periodic VAT declaration. You can read more about retrieving the report in the topic Submit EU periodic VAT declaration to Verohallinto.

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Submit EU periodic VAT declaration to Verohallinto