The Managed Tax System product was developed to
allow companies to trade immediately, who have not gone through the formal
process of registering for VAT or getting a Tax ID and opening a local bank
account. It can be used as a temporary measure until you get your own
registration through or as permanent solution for your global trading needs.
What does it do?
The Managed Tax System (MTS) allows you to invoice your customers and charge
them VAT immediately.
MTS allows you to clear goods from customs.
MTS allows your customers to pay you in local currency into an existing local
We collect payments for you worldwide and transfer them to any bank account in
any currency worldwide.
How does it work?
We invoice your customer for your goods and services, and we also charge them
VAT if applicable.
We collect the payment from your customer. Your customer can pay via credit
card or bank transfer.
Once we have collected the payment we pass the payment on to you.
The invoice contains your logo but our Tax ID and Bank Data. As far as your
customer is concerned you have outsourced your accounting to us “Accounts
Centre”, because of the name of our company most of your customers will assume
that Accounts Centre is either department in your company or an outsourced
How much does it cost?
It costs £100 to setup and then £25 per month. You have to pay 3 months in
There is also 2% transaction fee per invoice.
If your customer pays via credit card then an additional 2.5% will be charged.
How long does it take to setup?
Setup can take between 1 to 3 working days.
What are the requirements?
We need to undertake normal due diligence on yourself. We have to identify you
as person. This can be accomplished by obtaining identity documents such as
passport and proof of address.