Useful information about Value Added Tax (VAT) in France
A foreign event planner and/or corporation organizing a meeting, conference or exhibition in Europe is, in most cases, subject to Value Added Tax if any fees are to be collected for this event.
This means that the foreign event planner and/or corporation is legally required to:
- register for VAT in the European country where the event takes place.
- assess VAT on all invoices issued regarding the event.
- deduct the VAT paid on most invoices to the European vendors.
If the foreign event planner/corporation does not comply with European Union VAT laws, they will:
- incur a tax penalty for violation of VAT laws, if discovered.
- decrease their profit margin because none of the VAT incurred from the European vendors will be refundable.
Please note that most attendees/sponsors representing business entities worldwide are able to reclaim the VAT charged for the event.
VAT registration must be done at the planning stage of the event. Experts are specialists in the field of VAT optimization and in the assistance to companies seeking international development.
Useful information for attendees
French VAT: 20%
VAT recovery is possible for the attendees who come from a country outside the European Union. They have to be over 15 years of age and have spent a minimum of €100 ($117) in the same store within the last 3 months.
For a VAT refund, they can ask for a Tax Free Shopping France invoice when they shop in any major store or “Tax free for tourists” boutique. The amount to be refunded is shown under the heading “montant de la détaxe”. They should have their invoices stamped at airport customs on leaving the EU and return the validated pink copies within three months using the stamped addressed envelope given to them at the time they made their purchases.