How does Qonto subscription VAT work?
Updated over a week ago

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.

Of course, this isn't tax advice (there are other experts for that), we're just sharing a good practice that could save you a few euros. Small streams make big rivers.

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