Take the load off your mind
When a foreign company imports goods or undertakes other economic activities in the Netherlands, they have to fulfil administrative obligations when it comes to Dutch VAT. This Value Added Tax (Belasting Toegevoegd Waarde or BTW in Dutch) is 21 percent for most goods and needs to be paid when you import goods in the Netherlands.
The VAT can be redeemed from the Dutch Tax Authority (Belastingdienst in Dutch), but your company needs to be registered in the Netherlands to be able to do that.
Such a registration comes with a large administrative hassle and isn’t necessary in most cases. For foreign, non-registered companies there is a solution: Fiscal Representation.
Fiscal representation means that a company registered in the Netherlands acts as a representative of the importing foreign company when it comes to filing taxes and maintaining the administration of the VAT. A special permit is needed for representing foreign companies for tax purposes. Customs Support Group has such a permit.
What are the advantages?
There are two types of fiscal representation: limited and general representation.
Some of the conditions for representation are the same for both types:
Limited Fiscal Representation
Limited fiscal representation means that we represent our client when it comes to importing goods from non-EU countries and subsequent deliveries. We can also represent clients that want to release goods from a tax warehouse.
General Fiscal Representation
In addition to limited representation, general fiscal representation also entails purchased goods and delivered goods from within the EU, or the (temporary) storage of goods in a warehouse in the Netherlands awaiting a sales to customers within or outside of the EU.
If you would like to know more about fiscal representation and what kind of representation would be appropriate for your situation, then please contact one of our specialists. We are happy to be of assistance!