What is ClearVAT?
Rapid expansion into European markets, portfolio expansion, scaling, efficiency gains, the outsourcing of VAT risks and declaration obligations … With ClearVAT, sales of goods to B2C consumers are VAT-free in all EU-27 plus Switzerland, the UK and Norway.
Automated payment of VAT
With ClearVAT, users display the prices in an online shop, including the current country-specific VAT. For example, for a French retailer, this means 19% in Germany, 23% in Poland or 22% in Italy.
If the delivery address changes during the check-out process, ClearVAT updates and calculates the final cost taking into account the country to which the goods are delivered.
ClearVAT collects the purchase price from the consumer. The retailer ships the products to its customers. ClearVAT deducts VAT directly to the destination countries’ authorities, pays the principal amount to the merchant, and retains a transaction fee of 1.25% to 4.75%.
0% VAT
In cross-border B2C goods traffic, the destination principle applies: merchants must calculate VAT according to the regulations applicable in the recipient’s respective country and report and pay it to the tax authorities there.
With ClearVAT, eClear takes over these obligations. The cross-border sale of B2C goods within the EU (plus Switzerland, Great Britain and Norway) is VAT-free for merchants.
