New Possibilities of VAT Exemption with Company Nurseries

11. 7. 2017

On 1st of July, 2017, the care certain children groups and company nurseries provide to children to up to 4 years of age is to be VAT exempt. Until recently, if the employer intended to run a nursery school or a creche, which was not entered in the school registry, they were obliged to pay the respective VAT on the income generated.

If, however, the employer founds a non-profit organization whose main purpose will be running a children group or an organization providing day care to children to up to 4 years of age, its activities are to be VAT exempt in accordance with Section 57/1/h of the VAT Act on the part of the non-profit organization.

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