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What is our solution?

The key VAT question linked with Brexit for EU firms purchasing goods from UK suppliers will be at the point of importation: who whill act as the importer of the goods? If you are designated as such, you will have to comply with additional VAT administrative obligations linked with the importation of goods as well as with potential prefinancing of VAT (cash flow issue).

Our firm has however expertise to minimize negative VAT impact linked to importation of goods: VAT exemptions (customs warehouse, scheme 42, etc.), deferred VAT payment, Postponed VAT accounting, etc. The type of solution to be implemented depends on the country where the goods are physically imported.