VOEC (VAT on E-Commerce)
VOEC (VAT on E-Commerce) is a regulatory framework established by the Norwegian government to optimize the collection of value-added tax (VAT) on low-value imports of goods purchased online by Norwegian consumers. Under this system, foreign suppliers are mandated to register with the Norwegian tax authorities and charge VAT on sales to Norwegian consumers, irrespective of the value of the goods. This initiative aims to create a level playing field for domestic and foreign businesses operating in the e-commerce sector while ensuring compliance with tax regulations and fostering fair competition.
At PostNord, we recognize the complexities and challenges associated with VAT compliance in cross-border e-commerce transactions. To assist businesses in navigating the VOEC requirements and facilitating compliance, we offer solutions to meet the specific needs of our clients. By leveraging our experience in international logistics and e-commerce, businesses can mitigate the risks associated with VAT compliance and focus on their core operations.
By partnering with PostNord, businesses can stay ahead of regulatory changes, minimize risks, and create new opportunities for growth in the global marketplace.