When you import goods into a customs territory, you usually need to pay import value added tax (VAT).
Even though you can claim VAT back later, you still must fund this payment and will suffer from a liquidity disadvantage until it is repaid. SGS’s VAT services are designed to improve your cash flow, particularly important post-Brexit. Over 90% of our German clients importing through the ports of Rotterdam and Antwerp use our fiscal representation service to avoid paying import VAT.
Advantages of fiscal representation
We act as your fiscal representative, so that you don’t need to pay import tax when you import goods into the EU. This rule applies to imports into the Netherlands and Belgium for the distribution to all EU countries. We ensure that all your processes are compliant with customs regulations. If you are involved in B2B trade, you don’t even need an individual VAT registration. As your fiscal representative, we take care of the payment of your import duties.
Our tax-related solutions
We offer support through various tax-related solutions:
