Five tax regimes supported: EU Standard, EU Margin Scheme, EU Exempt, US Sales Tax, and Swiss VAT. Professional invoice generation for watch dealers worldwide.
VAT compliance for luxury watches is complex. Different schemes, cross-border rules, and changing regulations make it a minefield for dealers.
Incorrect VAT scheme application can lead to massive fines and back-payments
Without proper documentation, tax audits become expensive ordeals
Using the wrong scheme means paying more VAT than legally required
The most powerful tool for watch dealer profitability - when used correctly
Choose from EU Standard, EU Margin, EU Exempt, US Sales Tax, or Swiss VAT for your business
VAT calculated only on your profit, not the full selling price - exactly as required
Invoices include all required text and calculations for tax authority compliance
Per-item VAT type (standard/margin/exempt) flows through to Chrono24 XML feed taxation scheme
Purchase Price
€15,000
Selling Price
€20,000
Profit Margin
€5,000
Standard VAT (19%)
€3,800
On full price
Margin Scheme
€950
On profit only
You save €2,850Per transaction!
Essential tax compliance tools designed for watch dealers
Generate professional invoices with VAT calculations
EU VAT margin scheme (Differenzbesteuerung)
Support for all common dealer tax situations
Assign VAT treatment per inventory item
Generate reports for VAT and sales tracking
Complete documentation for tax compliance
Every country's specific VAT rules, rates, and requirements built-in
Germany
19%
France
20%
Italy
22%
Spain
21%
Netherlands
21%
Belgium
21%
Austria
20%
Poland
23%
Sweden
25%
Denmark
25%
Finland
24%
Ireland
23%
Plus 15 more EU countries with current VAT rates
Generate compliant invoices with correct VAT calculations and legal text
Stay informed about VAT regulations for luxury goods dealers
Our VAT compliance features are designed according to the EU VAT Directive and support the special schemes for second-hand goods. The margin scheme implementation follows Article 311 of Directive 2006/112/EC which governs the taxation of used goods, works of art, collectors' items and antiques.
For German dealers, we ensure compliance with § 25a UStG (Differenzbesteuerung) and provide proper documentation formats accepted by the Finanzamt.
Vollständige Unterstützung der Differenzbesteuerung nach § 25a UStG
Join dealers worldwide who've eliminated tax compliance worries. Get compliant today with our system designed for watch dealers - create professional invoices easily.
Full EU support • Margin scheme included • No credit card required
Important VAT regulations and guidelines for watch dealers:
