Fiscal Representation
Are you aware of the Dutch tax laws and regulations that you must comply with? Do you find it overwhelming to navigate the tax system in a foreign country? If so, look no further than fiscal representation in the Netherlands.
VAT Deferment
If you import goods from outside the European Union (EU) to the Netherlands, you’ll have to pay value-added tax (VAT) of either 21% or 9%, depending on the type of goods. Although you can reclaim this VAT, the process takes a few months and requires VAT registration in the Netherlands.
However, if you use VAT deferment with an Article 23 license, you can transfer the VAT payment from the moment of import to the moment of VAT declaration to the Dutch tax authorities. This means you won’t have to pay the import VAT and can deduct it in your VAT return at the same time. Even non-Dutch companies can benefit from this option by taking on a Dutch company as their fiscal representative. At Neele-Vat, we can act as your fiscal representative and take care of your VAT declarations and communications with the Dutch tax authorities.
Limited or General
There are two types of fiscal representation: limited fiscal representation (LFR) and general fiscal representation (GFR). With LFR, you can use our Dutch VAT number and Article 23 license, and we will submit a monthly VAT declaration in our name that includes your shipments. However, LFR is limited in terms of possible transactions, and you must arrange the transport of your goods to their final destination through us. With GFR, we will arrange an individual Dutch VAT number and Article 23 license for your company and periodically submit an individual VAT declaration in your company’s name. The set-up process takes about 6-8 weeks, but GFR offers more possible transactions.
We can also help you set up a Dutch EORI number, which is mandatory for all companies and every import and export.
