Pay attention to

Companies dealing with various stock in the EU should pay attention to the following issues:

  • Verify the exact flow of goods and invoices in order to determine the correct VAT treatment of the transaction and possible VAT obligations of the company in another Member State;
  • Check how simplification scheme measures are applicable in the country of arrival of the goods and which conditions should be fulfilled in this respect.
  • In case the simplification scheme is not applicable, proceed to the local VAT registration;
  • Check whether or reverse charge is applicable for the subsequent domestic sale to the client.