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Taxation Policy: 0% Reverse Charge Mechanism


Applicability

This taxation policy applies to all transactions conducted via 0 to 1 E-comm and is relevant to both customers located within the European Union (EU) and those from outside the EU.


Policy Overview

Under the guidelines prescribed by EU Directive 2006/112/EC, 0 to 1 E-comm employs a 0% VAT (Value Added Tax) reverse charge mechanism on all applicable services and digital goods supplied to our customers. This policy is an effort to streamline the taxation process, ensuring compliance with international tax regulations while facilitating a simplified purchasing process for our users.


For Customers Within the European Union (EU):

  • Eligibility: All customers conducting business or residing within the EU qualify for the 0% reverse charge mechanism, provided they can supply a valid VAT identification number (VAT ID) at the time of purchase.
  • Procedure: Upon confirmation of a valid VAT ID, the responsibility of accounting for VAT will reverse from 0 to 1 E-comm to the purchaser. Consequently, all invoices issued will reflect a 0% VAT rate, explicitly noting the reverse charge mechanism's application.
  • Compliance: Customers are required to self-account for any VAT due in their respective member state under the reverse charge procedure, in accordance with their local VAT regulations.


For Customers Outside the European Union:

  • Eligibility: Customers residing or conducting business outside the EU automatically qualify for the 0% reverse charge mechanism on all eligible transactions conducted through 0 to 1 E-comm.
  • Procedure: Given that these transactions are not subject to EU VAT, they will naturally be processed with a 0% VAT rate. However, it is essential to note that other local taxes and import duties may apply depending on the customer's country of residence.
  • Compliance: It is the customer's responsibility to remain informed and compliant with any applicable local taxes or duties that may arise from their purchase on 0 to 1 E-comm.


General Conditions:

  • 0 to 1 E-comm reserves the right to request additional information for the purposes of VAT verification.
  • Customers must ensure that their VAT ID and any other provided tax-related information are accurate and up-to-date. 0 to 1 E-comm will not be liable for any legal consequences or additional charges that may occur due to the submission of inaccurate or invalid tax information.
  • This policy is subject to change in accordance with updates to tax legislation and regulations. Customers will be notified of any significant changes to the taxation policy.

By using our website, you consent to the terms outlined in this taxation policy. For any questions or clarification regarding our 0% reverse charge mechanism, please contact our customer support team at support@0to1ecomm.nl.