How does Qonto subscription VAT work?

  • Updated

Is your company registered in France?

This is an indirect tax that companies collect on behalf of the State.

 

That 20 % added to your Qonto subscription cost is deductible from the VAT that you collect (too) on behalf of the State as part of your activity.

Our advice is the following: keep your Qonto invoices in a safe place! They will be useful for this precious equation: VAT collected - deductible VAT = VAT to pay

 

Is your company registered in Italy, Spain, or Germany?

Companies that are not registered in France are exempt from French VAT. We need to know your intra-community VAT number.

 

Please contact us, so we can help you.