22.05.2024
Do you import goods into the Netherlands, without having a branch or a permanent establishment in the Netherlands? That means you will owe VAT when you import these goods. In principle, you can reclaim this VAT via the Dutch VAT return, but this may take several months. To avoid this cash flow disadvantage, you can appoint a limited or general fiscal representative. This allows you to make use of an article 23 permit, which means you do not have to pay VAT at import. In fact, this import VAT will be reverse charged to your VAT return. This can be a big cashflow advantage.
The fiscal representative will fulfil all the administrative obligations for Dutch VAT on your behalf. This includes the VAT return, the EC sales listing and possible intrastat obligations. To act as a fiscal representative, a permit from the Dutch tax authorities is required. For this permit, guarantees must be provided for the expected financial risk. The fiscal representative is then jointly liable for the VAT, interest, and penalties.
A limited fiscal representative can only act as your representative for a limited number of transactions. A general fiscal representative represents you for all shipments and services you provide. SGS Maco offers both types of representation. Should you wish to make use of these services, we will determine, based on your personal situation, which type of representation best suits you. If you would like to know more, we will be happy to help you.
