VAT on imports and exports of services

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What are the regulations if I wish to sell services (e.g. consulting, software development) to a foreign company in Asia, but I want to purchase these conuslting services from another foreign copany, say in Africa.

[i.e. no EU or US involved]

  1. Is VAT charged on the purchase of the consulting services?
  2. Is VAT charged on the sale of the consulting services?

Answers

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I am not an accountant and therefore unable to give advice or rule on VAT questions, however, as a layman I would suggest the following:

  1. You are purchasing the consulting services from a company in Africa, they should not charge VAT.
  2. If the location of the supply of the consulting services is in Asia, then no VAT will be chargeable on the sale of the consulting services.
 

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