Tax, Duty and VAT
With respect to customs and VAT The Netherlands has a unique position in Europe.
We can act as your fiscal representative so that you can position yourself in the European market. On your behalf we will declare and pay Dutch VAT, do the Intrastat reporting and fulfil other obligations.
Further, it is possible to use our bonded warehouse to postpone the payment of import duties till the business transaction on the European market actually takes place. This will increase your cash-flow. When the business transaction will take place outside the European Union, you will be exempt from the payment of import duties.
Because you make use of our bonded warehouse, we as your fiscal representative are allowed to declare the VAT that is due upon import into the European Union and to shift the payment of the VAT to your European customers. Thus on balance nothing needs to be paid to the local tax department.
A tax representative will bear a lot of responsibility on behalf of the foreign company. Therefore a thorough investigation needs to take place before we can start with this service.
