VAT Registration – Coming Shortly!

VAT REGISTRATION – COMING SHORTLY!

[01/17/2008]

We would like to inform all our customers from the European Union and United Kingdom that in the first half of February Exclusive Hosting will become VAT registered company.

Due to the fact that we are an extremely fast growing business on the European Market this is a inevitable step to further enhance the name of our company as a solid corner stone in the Web Hosting Providing Business. This so called registration will give us even more credibility and stability in the European Market with certain guarantees for all taxes paid.

Below we will try to cover the basics of VAT application to the different case scenarios:
1. UK VAT at 17.5% is applicable to: Businesses (no VAT/VAT registered) and Individuals resident or registered in the European Union or United Kingdom.
2. Clients where VAT is applicable but WILL NOT affect the service pricing (i.e. equals to NIL): Businesses from the European Union.
3. Clients outside the scope of VAT: non-EU clients (Businesses and Individuals).
Will keep you updated with more detailed information about VAT functions and cases in the near future. Don’t hesitate to contact us in case any clarification is needed regarding this future upgrade..