VAT Groups in Ørsted
Last updated 01.10.2024 by LUMEC
Last updated 01.10.2024 by LUMEC
A VAT group is a group of related companies registering to submit a VAT return together so that the process is simplified.
VAT groups can streamline the process between a group of shared companies or companies that are together in limited liability partnerships, and the process acts almost like a board of companies. A VAT group will submit one VAT return for all companies involved.