The Netherlands has a number of practical solutions to minimize your compliance burden and optimize your VAT cash flow if you are in B2B trade.
If you import via the Netherlands, you can take advantage of the import VAT deferment (also known as “the reverse charge”).
Appointing a fiscal representative is required if a non-Dutch business wants to take advantage of the import VAT deferral.
By applying the reverse charge on import considerably improves the cash flow position, especially if you are in B2B trade:
• Your VAT position with appointing a fiscal representative as a rule is nil.
• Your VAT position without appointing a fiscal representative: as a rule, you are in a VAT refund position because VAT should be paid upfront.
Source Grant Thornton
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