VAT on Restaurant set up
We are setting up a restaurant and it will be managed by a third party. Our question is :
1. Who is liable for VAT registration here?
2. In whose name the invoice should be issued as a supplier.
Replies
SAJITH N16/06/2020 23:13:53
It would depend on the contractual arrangement between you and the third party ie whether you are leasing out the restaurant or they are just managing on your behalf in return for management fee etc. It is necessary to identify who the supplier is for services rendered in the restaurant.
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