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E-commerce / B to C

IMPORT OF GOODS INTO ONE OF THE MEMBER STATES OF THE EUROPEAN UNION AND SALES OF GOODS TO PRIVATE INDIVIDUALS GENERAL INFORMATION ABOUT VALUE ADDED TAX (VAT)

 

  • VAT is a general (sales) tax that applies to all commercial activities involving the production and distribution of goods and the provision of services.
  • VAT is charged as a percentage of the price -the actual tax burden is visible at each stage in the production and distribution chain.
  • VAT is collected via a system of deductions whereby VAT-registered businesses can deduct from their VAT liability the amount of VAT they paid on imports and on other business costs.
  • VAT is ultimately paid by the final consumer (end user).
SITUATION
Your company is going to ship goods from a third country or territory to one of the Member States of the European Union (further: EU) and to sell to private individuals (further: consumers) in that country. OBLIGATION TO REGISTER FOR VAT1
ln order to be able to import goods into one of the Member States of the EU and to sell to consumers, a VAT registration is required. A monthly or quarterly2 VAT declaration has to be compiled and submitted in the concerning Member State. If your company is from outside the EU in some EU Member States you will be required to appoint a fiscal representative. IMPORTATION OF GOODS
Importation of goods is the entry of goods from a third country into one of the Member States of the EU. Customs duties and import VAT have to be paid towards the Customs & Excise authorities. The right to deduct the VAT on costs and imports arises at the time that the deductible VAT becomes due. The import VAT and VAT on (business related) costs are reconciled in the regular
1 Non-compliance to the VAT legislation is subject to penalties or other administrative or criminal procedures. Sorne Member

 

Cosmopolite Group  offer the following services:
  • Register for VAT and actas a VAT/fiscal representative in the EU Member States;
  • Compile and submit regular VAT declarations, EC Sales lists, lntrastat declarations, annual declarations (obliged in some EU countries);
  • Take care of contact and correspondence with the tax authorities;
  • Direct and assist in case of an audit;
  • Assist your company with the (required) layout of sales invoices;
  • Keep your company informed about changes in the EU VAT legislation.

Contact us

Address

Zone Industrielle de la Petite Savate, 34 – 49 rue de L’Egalité,
59600 Maubeuge, France

Opening hours

Mon to Fri: 9:00 – 18:00

Phone

+33 (0) 3 66490004

France