Article
News
15/5/2020
Dutch Government: No face mask VAT from May 25th until September 1st
There will be no VAT on face masks starting May 25th. This announcement has just been made by the Dutch Government. This will be valid for all face masks, both the medical and the regular masks. State Secretary for Finance Vijlbrief told the Dutch Parliament: “We ask the people to wear non-medical …
Article
News
7/5/2020
A growing number of VAT-fraud cases in e-commerce
The Belgian Customs Authority has recently reported a growing number of fraud cases with importing goods from countries like China concerning import duties and VAT. Undervalued It is mostly e-commerce companies that import goods like electronics, and who declare a value for these goods that is far …
Article
News
1/5/2020
Dutch Customs Authority postpones implementation of CVB
The Netherlands is the only country in the European Union where the Customs Authority releases import declarations before the actual unloading of the goods off the ship. Because of this, it is possible that there are discrepancies between the declaration and the Bill of Lading. To make sure said …
Article
News
24/4/2020
Will British companies be ready for Brexit? We sure are!
With all eyes on the coronavirus, you would almost forget the United Kingdom is leaving the European Customs Union at the end of this year. The British Chamber of Commerce now says that they fear that many UK businesses will not be ready in time. When the United Kingdom leaves the EU Customs Union …
Article
News
20/4/2020
Corona Update: Impact on the Import and Export of Fruits & Vegetables
They support importers and exporters, for example by creating export documents and certificates. They are also the link between importers and exporters and the Customs Authority. I spoke with Kevin in response to his interview with Fresh Plaza. You Are Working from Home As Well? “Absolutely. My …
Article
News
22/4/2020
A quarantined world. What will the markets do?
A Wave of Shocks Hits the Economy The global economy, and with that global trade is getting hit in waves. The first shock was a supply shock that was caused by production facilities in China coming to a stop. This caused problems in supply chains that depended on parts and materials from China. …
Article
News
17/4/2020
Fiscal Representation and Requirements for Sales Invoices
If you use (limited) fiscal representation when importing goods , and those goods are sold to a third party immediately after importing them, the sales invoice needs to be entered into the VAT administration of your fiscal representative. Because the fiscal representative is established in the …
Article
News
16/4/2020
The Impact of Coronavirus on Europe's main ports
The effect of the coronavirus pandemic is felt across Europe. Freight volumes are starting to go down and empty containers are in the wrong place. Shippers, shipping companies, ports, everyone is impacted. Because ships take about six to eight weeks to make the trip from Asia to Europe, there was a …
Article
News
9/4/2020
Covid19 Update: The impact on import, export, and other customs
Today we bring you a round-up of the main customs-related news items we came across recently when it comes to coronavirus. Germany Gives Company Temporary Financial Relief The German government is allowing companies that are affected by the corona crisis to defer their taxes, without charging …
Article
News
2/4/2020
Limited Fiscal Representation and Why CMR’s Are So Important
Improve Your Cash Flow When a foreign business conducts economic activities in the Netherlands, like importing goods , they need to adhere to the administrative obligations of the Dutch VAT laws. This Value Added Tax (VAT), 21 per cent for most goods, needs to be paid when you import goods into …