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. Learn about our fiscal representation services.
Watch the video to find out more: SGS e-Customs: Limited Fiscal Representation
