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The Netherlands is the only country in the EU with a favourable import tax facility, called article 23 license. This license enables importers to avoid immediate payment of VAT upon importation (VAT deferral). For example: when a non-EU company import goods into the EU, it needs to file a VAT return and pay the 21% VAT upfront. Consequently, the importer can reclaim the paid VAT later in his next VAT tax return (next month). From a cashflow perspective this has a negative impact (pay first and reclaim later).
We have a very successful track record in applying this article 23 license. Therefore, we have prepared a brochure of the article 23 license in the Netherlands.