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E-Business Solutions
Corporate, Operational & VAT Assistance
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ECI’s
E-commerce team provides the following services:
Our services include:
Malta's e-commerce environment
Our Malta office,
supported by a fully staffed back office operation, operates in an
attractive fiscal regime for e-commerce traders. Malta enjoys
a high quality Internet infrastructure provided by the local
bandwidth provider Datastream as well as a separate service by
Vodaphone. One of the foremost countries in the field of
e-government, Malta is fully geared up for e-commerce and currently
hosts the servers and operations of the worlds largest online gaming
and casino operators, with a significant majority of UK betting
companies relocated to Malta under the new
i-gaming
licence regulations. Microsoft has also set up a
significant base in Malta.
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The
EU E-Business Directive
Effective from 1st July
2003, the EU "E-Business Directive" (2002/38/EC) imposes VAT on services
and information delivered via the internet within the EU. This
amounts to a tariff of between 13 and 25 per cent on software and music
downloads, transactions forming part of online auctions and subscriptions
to internet service providers, sold over the internet anywhere within the
European Union.
Applicability
This Directive applies to
non-EU companies and thus if your company is based outside the EU and
providing Internet delivered information or services within the EU you
should read this as failure to register and account for VAT could render
you or your company liable to criminal prosecution for tax evasion, money
laundering, false accounting or similar offences.
Activities covered by
the Directive
The Directive applies to
the following activities:
- Radio or television
broadcasting services solely broadcast over the Internet or a similar
electronic network.
- Electronically supplied
services, i.e. Website supply, web-hosting or distance maintenance of
programs and equipment.
- Software and software
updates.
- Electronic images, text,
information or databases.
- Music, films, games and
webcasting of events.
- Distance teaching of an
automated nature.
Whilst the following
activities fall outside of the Directive they create VAT issues:
- Soliciting and/or taking
orders.
- Issuing invoices to
customers.
- Procuring goods and
services.
For more info on our VAT planning services
and incorporation of EU VAT registered companies for EU trading, click
here.
Secure Online Payment Gateways
Through our trusted
payments partners, our E-commerce team is able to provide you with a
secure, multi currency, online payment gateway for the processing of
Credit Card payments over the internet. Any website can easily be
connected to the Payment Gateway and Shipping Card module in a matter of
minutes, without any requirements on the Client's side.
Merchants can review
transactions and reverse payments via a user-friendly Merchant Interface.
Powerful search and report functionality provides an online auditing
module for the Payment Gateway. The secure payment forms may be
hosted on the provider's web servers saving merchants the cost of having
their own security certificate. Where complicated coupling with
back-end business systems is required, the Payment Gateway can be
customised to fit any business model.
The Payment Gateway offers
a complete security solution. Data is encrypted both during transactions
and during storage, using 128 bit data encryption. Card details are only
divulged to the Bank. Merchants using the payment gateway need not be
burdened with the responsibility of handling confidential data. You
can choose from a number of payment plans to suit your business model.
High volume discounts are available.
Features of our payment
gateway solution:
• Complete Security
• Realtime Verification
• Full Customisation
• Multiple Currencies (Euro, US Dollar and Maltese Lira)
• Automatic Surcharge Calculation
• Instant Payments with Email Notification
• Shopping Cart System
• User Friendliness
• Plug and Pay System
• Integration with Current Databases and Back-end Systems
• WAP-enabled
Contact us for more
information about our e-Commerce solutions.
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