Customs

Netherlands - Import VAT Deferment Option (Article 23)

If you are registered for VAT in the Netherlands and you import goods from outside the European Union (EU), you can defer payment of...

Why do companies sell under DDP, not FOB?

One can say that FOB has many advantages associated with it, both for importers and exporters alike . There are fewer risks taken by...

How IOSS or OSS change your business ?

Starting from 1st July, 2021, multinational Online Marketplaces offering cross-border B2C sales of tangible goods are no longer required...

How do you pay VAT in the EU?

Value added tax, or VAT is a consumption tax that many countries impose. It's paid by the buyer when an item is purchased, and it adds to...

Changes to import VAT in France - EFFECTIVE 1ST JAN 2022

As of 1 January 2022, the reverser charge system is being effective and the change is pursuant to Law n° 2019-1479 of 28/12/2019, Article...

What is the difference between bounded warehouse and consignment warehouse?

Bounded warehouse is the one where the owner of goods, i.e., importer has full control over all operations throughout the warehousing...

Have you got your EORI number?

With the changes in EORI regulations, as of 1 May 2012 , it is more important than ever before. This new article explains some of the...

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