Business Name: [Velkas Vestments]
Business Address: [Görschstraße 50 13187 Berlin]
Contact Information: [support@velkasvestments.de]
VAT Information
As a small business, Velkas Vestments operates under the small business regulation according to § 19 of the German Value Added Tax Act (UStG). This means that our annual turnover does not exceed the threshold of 22,000 EUR from the previous year, and it is not expected to exceed 50,000 EUR in the current year.
Due to this regulation, we are not required to charge VAT (Value Added Tax) on our products. Therefore, all our prices are final and include 0% VAT.
Details
- VAT Identification Number: Not applicable due to small business regulation.
- VAT Rate: 0% (in accordance with § 19 UStG)
- Applicable for: All products sold through our online store.
Important Notes
- No VAT Deduction: As a small business, we are not eligible to deduct any VAT on our business expenses.
- Invoice Details: Invoices issued by Velkas Vestments will state that VAT is not applicable and will reflect the 0% VAT rate.
- Regulation Compliance: We comply with the German tax regulations for small businesses under § 19 UStG.
Should you have any questions regarding our VAT status or require further information, please do not hesitate to contact us at Velkas Vestments.