Deciding whether to become a VAT payer or non-payer is one of the key steps when starting a business. Similar to choosing a legal form (limited liability company vs. sole proprietorship), it can have a significant impact on your cash flow, service prices, and final profit.

In some cases, the difference between VAT payers and non-payers can be as much as 40% on profits, depending on who you sell to and who you buy from.

In this webinar, we will demonstrate when VAT is worthwhile and when it is not, and how to view this decision from an entrepreneur's perspective, not just from a legal standpoint.

What you will learn in the webinar

• When is it advantageous to be a VAT payer and when is it not?
• How VAT affects your profit when selling to VAT payers vs. non-VAT payers
• differences in calculations for goods and services
• how entry costs and investments change decision-making
• What are the obligations of accounting and VAT filing?
• how VAT is reflected in the accounting price

The webinar is supplemented with specific numerical examples from practice, which will help you better understand the impact of individual decisions.

Lecturer

Ján Svočák – tax advisor, managing director of Adviterra s.r.o.

Who is the webinar intended for?

• start-up entrepreneurs
• Self-employed persons and owners of limited liability companies.
• entrepreneurs considering registering for VAT
• Anyone who wants to understand how VAT affects their business

Organizational information
Duration: 45 minutes
– 30-minute lecture
– 15 minutes of questions and answers