Customs
Companies that are operating within the European market are faced with complex and detailed customs and VAT rules and regulations. Knowledge of customs regulations is essential to ensure an optimized supply chain. Your customers require just-in-time deliveries and there is a need to minimize expenditure/costs, time and money at every opportunity. By optimizing your customs structure and operational procedures these advantages can be achieved.
Customs/VAT is one of our core competences and we deal with these issues on a daily basis. Over the years we have continually strived for excellence in understanding and managing customs regulations.
Our customs services aim to:
- Identifying the most appropriate Customs regime to support your business strategy
- Analysing your corporate business processes and delivering solutions that ensure measurable and quantifiable reductions to your duty and VAT liability
- Advising on import licences, classification, valuation, duty exemption, preferences, end-use etc.
- Ensure a smooth flow of goods without delays
- Reduce cash flow burden due to VAT payments
- Optimize import duty payments
Our customs department consists of specialists who can deal with all your customs related affairs. We can advise you on customs conditions on import, export, transit of goods and the specific requirements with storage in the Netherlands as well as the follow-up distribution of goods within and outside the European Union.
Rhenus offers the following customs services:
- Taking care of all customs reports related to inbound, outbound and transit of goods.
- Advice on indirect taxes such as VAT, import duties, excise duties and other duties upon import
- Inward and outward processing
- Applying for BTI’s (binding tariff information)
- Arranging fiscal representation, whereby we can look after your VAT reports, quarterly listings and Intrastat declarations
- Bonded storage of goods, whereby we use the bonded warehouse Types C and E with a periodical monthly declaration
Companies that are operating within the European market are faced with complex and detailed customs and VAT rules and regulations. Knowledge of customs regulations is essential to ensure an optimized supply chain. Your customers require just-in-time deliveries and there is a need to minimize ...
VAT is due on the import of goods and services by entrepreneurs. Basically, all paid VAT can be refunded at the Tax Office. If no specific arrangements are made, entrepreneurs have to pay 19% VAT which will be refunded 3 to 4 months later. This will negatively influence your cash flow ...