What happens if I don’t want to open an office in the EC, but just want to contract my company’s Accounting and Bookkeeping services to an entity in the EC?
February 09 2012 | Accounting and Bookkeeping
Generally, the following provisions apply to personnel of Barbadian companies that wish to enter into a contract to provide services to a company in the EC:
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If you are applying for temporary entry in the EC country, you must be supplying a service as a business with a service contract for a period not exceeding 12 months. |
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The person from Barbados wishing to provide contract services in an EC country must have been an employee of the Barbadian business for at least one year before application for entry, and must have at least three years professional experience in the relevant sector - in this case Accounting or Bookkeeping Services. |
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The person applying for temporary entry must have a university degree or equivalent qualification, and must also have professional qualifications where required by law. |
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The person shall not receive remuneration during their stay, other than that paid by their employer. |
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The temporary entry will be for a cumulative period not exceeding 6 months (or 25 weeks in Luxembourg) during a 12-month period or for the duration of the contract (whichever is less). |
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The visa permits only the contracted service activity, no other business activities. |
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The number of persons covered by the services contract shall not be larger than necessary to fulfil the contract. |
In addition to these provisions, some countries impose their own restrictions on Accounting and Bookkeeping Services from CARIFORUM countries (including Barbados) wishing to provide contract services in the EC. Those countries and the conditions are:
- In Austria, the Barbadian employer must be a member of the relevant professional body where such a body exists;
- In Belgium, Barbadian companies may be subject to an economic needs test;
- In France there is an authorisation requirement; and
- In the following countries, economic needs tests will be applied: Bulgaria, Czech Republic, Denmark, Greece, Finland, Hungary, Lithuania, Latvia, Malta, Romania, & Slovakia.