What are valid Invoice Data
We consider all accounts on xmodels.com as independent suppliers of our platform. An independent supplier can work as in individual or via his own company. The difference between both depends of your personal situation and the amount you expect to earn on a yearly basis. You can best consult a local accountant to make the best decisions.
Once the choice is made, we expect you to enter the information via the page 'Invoice Data'. Here you provide us all the information we will enter on the invoices. Invoices who are created on your behalf towards the Xcams-Models platform.
Because you deliver a service towards a company located in the European Union, some specific rules might apply to handle the VAT.
1) When you are living in Luxembourg, we will add the VAT to the invoice. You as a supplier will have to declare this VAT and pay it to the authorities.
2) When you are living in another European Member state, there is the possibility to avoid this transfer of VAT money. For this you need to mention your VAT number . This way the invoice will be created applying what is called 'reverse charges'. The invoice is only mentioning the amounts without VAT and there is no need for you to pay this VAT.
Important: many countries exclude freelancers from the need to have a VAT number, however as this concerns invoices between 2 member-states a vat number is mandatory.
3) When you are living outside the European Union you don't need to provide us a VAT number, however we ask you to provide us your local tax number. This avoids any doubt, in case of investigations, to the beneficiary of the revenues.
More information regarding VAT and the freelance situation can be found on the below sites
Belgium:
https://financien.belgium.be
France :
https://www.auto-entrepreneur.fr/regime-fiscal/tva/tva-intracommunautaire.html
https://www.economie.gouv.fr/entreprises/activite-entreprise-numero-tva-intracommunautaire
Netherlands:
https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/zakelijk/btw/hoe_werkt_de_btw/nieuwe-kleineondernemersregeling/
https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/zakelijk/btw/zakendoen_met_het_buitenland/goederen_en_diensten_naar_andere_eu_landen/goederen_en_diensten_naar_andere_eu_landen
Poland:
https://www.biznes.gov.pl/en/firma/taxes-and-insurance-in-poland/vat/what-you-should-know-if-you-want-to-settle-vat/vat-registration
https://www.biznes.gov.pl/en/firma/taxes-and-insurance-in-poland/vat/proc_305-rejestracja-podatnika-vat-ue
Romania:
For Romanian models we accept your CNP number as business registration number, but you should register as a freelancer FPA ( “persoană fizică autorizată”). See the link below for more information. https://www.romania-insider.com/register-authorized-physical-person-pfa-2018
https://www.onrc.ro/index.php/en/inmatriculari-2/persoane-fizice-2/persoane-fizice-autorizate-pfa-2
Useful site with VAT info for all EU member sites
https://www.avalara.com/vatlive/en/country-guides/europe/romania/romanian-vat-registration.html