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VAT number as a sole trader versus a company VAT number / Also 'trading as' question


posts: 3

vndunneThreads: 72
Posts: 340
Joined: Jan 12, 07
 Jul 6, 11, 09:04    #1
Hi. Just a quick question in relation to VAT. I am set up here as one of the 'sole trader company' types. My personal NIP is used as my Tax number. I have recently been told that as it is a personal vat number, i cant claim back VAT as i need a Company VAT number to do that. 2 questions:
- Does this sound right? (it came from a reliable source so would be be inclined to believe it)
- As a sole trader company set up, can you get a 'company' VAT number or do you need to be set up as a SP Z.o.o type of scenario?

Also, just a quick question in relation to 'trading as'...
- As stated set up a with a company name. I will probably have 2 streams of business - one languages and one IT and would like differentiate in the marketing, while maintaining the core name e.g. abc - IT and abc - Languages.(not actual name but just wanted to give an idea as to what i am on about. Can i do this or do i need to get different trading names? As a sole trader company(or whatever it is called), can you be set up more than once?

Sorry for all the queries, and any direction would be appreciated.

Regards
vincent
delphiandomineThreads: 42
Posts: 9,954
Joined: Nov 25, 08
[Suspended]
 Jul 9, 11, 11:53    #2
Ah, Vince, you should be sending these questions to me ;)

vndunne:
- Does this sound right? (it came from a reliable source so would be be inclined to believe it)


No, it's not right. The NIP is a 'tax identification number' - in short, a unique identifier for your business. It's separate to the concept of VAT registration/numbers. But this is correct - without VAT registration, you can't claim back the VAT on purchases.

vndunne:
- As a sole trader company set up, can you get a 'company' VAT number or do you need to be set up as a SP Z.o.o type of scenario?


Yep - you can register for VAT. You'll get a separate number for this - something like "PL 2343 2834 4594 2345". You'll have this in addition to the NIP and REGON.

vndunne:
- As stated set up a with a company name. I will probably have 2 streams of business - one languages and one IT and would like differentiate in the marketing, while maintaining the core name e.g. abc - IT and abc - Languages.(not actual name but just wanted to give an idea as to what i am on about. Can i do this or do i need to get different trading names? As a sole trader company(or whatever it is called), can you be set up more than once?


Poland is quite brilliant in this respect - you can have a name (for instance - VINCERULES) and then advertise quite easily as VINCERULES-LANGUAGES or VINCERULES-IT - or even as something totally different. It's quite common for companies to be registered as something quite strange, but to trade as something totally different - I know one example where the company name is totally, completely different to the actual trading name. There's not even a requirement to say "trading as" - you just trade as whatever you want. Just make sure that you have the relevant PKD codes registered and you're good to go.

vndunne:
As a sole trader company(or whatever it is called), can you be set up more than once?


Nope, only one registration for all - the only requirement is the PKD codes must be registered.
vndunneThreads: 72
Posts: 340
Joined: Jan 12, 07
 Jul 12, 11, 09:21    #3
Hey delphi..man.... :-)
Thank you kindly. Responses are very much appreciated and very helpful. Just in the process of getting the language thing up and running.
Just one more, which you might know.....

- To make the returns for a business like mine and yours, each month....how much time is realistically involved? Reviewing my accountant and want to be prepared.

Thanks. Hope married life is treating you well.....

hopefullly catch you for a beer soon.
vincent .



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