Dutch warehouses for bonded storage, VAT deferment, and fiscal representation

The Netherlands has long been a hub for international and European trade, owing to its strategic location, advanced infrastructure, and robust logistics sector. Dutch warehouses play a crucial role in this ecosystem, offering a range of benefits that make them highly attractive to businesses engaged in global trade. Key among these advantages are bonded storage, VAT deferment (Article 23), and both full and limited fiscal representation.

Bonded storage and customs warehouses in the Netherlands

Bonded storage is a storage facility that allows businesses to store goods without paying import duties and taxes immediately. This arrangement offers several advantages:

Businesses can defer the payment of import duties and taxes until the goods are released for domestic use. This deferral can significantly improve cash flow management, allowing companies to allocate resources more efficiently.

Goods stored in bonded warehouses can be re-exported to other countries without incurring import duties. This is particularly advantageous for companies engaged in transshipment or those operating in multiple international markets.

While in bonded or free storage, goods can undergo various processes such as quality checks, packaging, labeling, and minor assembly. This flexibility ensures that products meet the specific requirements of different markets before they are released or re-exported.

Dutch warehouses and VAT deferment (article 23) in the Netherlands

The Netherlands offers a unique VAT deferment scheme known as Article 23. This provision allows importers to defer the payment of import VAT, accounting for it in their periodic VAT returns instead of paying it upon entry. The benefits include:

By deferring the payment of import VAT, businesses can avoid a significant upfront cash outflow. This improves liquidity, allowing companies to invest in other critical areas of their operations.

Article 23 simplifies the administrative process related to VAT payments. Businesses can report and settle their VAT obligations in their regular VAT returns, reducing the complexity and administrative burden associated with immediate VAT payments.

The ability to defer VAT payments can provide a competitive edge, particularly for small and medium-sized enterprises (SMEs) that may have limited financial resources. This advantage can make Dutch warehouses an attractive option for businesses looking to optimize their supply chain operations.

Full and limited fiscal representation and warehouses in the Netherlands

The Netherlands offers two types of fiscal representation—full and limited—that help foreign businesses comply with Dutch VAT regulations without establishing a physical presence in the country.

Full fiscal representation for your Dutch warehouse and European business

Full fiscal representation allows a representative to act on behalf of a foreign business for all VAT-related matters in the Netherlands. The advantages include:

The representative handles all VAT obligations, including registration, filing returns, and paying VAT. This comprehensive service ensures compliance with Dutch VAT regulations and reduces the administrative burden on foreign businesses.

Full fiscal representatives can apply for the Article 23 license on behalf of their clients, allowing them to benefit from VAT deferment.

Full fiscal representation simplifies the process of entering the Dutch and European market, making it easier for foreign businesses to establish and grow their presence in Europe.

Limited fiscal representation for your Dutch warehouse and EU business

Limited fiscal representation is suitable for businesses involved in intra-community trade and offers specific benefits:

Limited representatives manage VAT obligations related to specific transactions, such as intra-community (EU) acquisitions and sales. This focused approach ensures compliance while minimizing administrative overhead.

For businesses with limited activities in the Netherlands, limited fiscal representation provides a cost-effective way to meet VAT obligations without the need for full representation.

Limited fiscal representatives offer customizable services based on the specific needs of the business, providing flexibility and targeted support.

A warehouse in the Netherlands will increase your European sales and profits

Dutch warehouses offer a plethora of advantages that can significantly enhance the efficiency and cost-effectiveness of international trade operations. Bonded storage provides flexibility and cash flow benefits, while VAT deferment under Article 23 improves liquidity and simplifies administration. Additionally, full and limited fiscal representation offer tailored solutions for navigating Dutch VAT obligations, making it easier for foreign businesses to thrive in the European market. By leveraging these benefits, companies can optimize their supply chain operations, reduce costs, and gain a competitive edge in the global marketplace.

About WarehouseNetherlands.com:

WarehouseNetherlands.com is a fully independent Dutch warehousing intermediary who helps you to quickly find suitable warehouse space in the Netherlands via a vetted network of Dutch warehousing, storage and European fulfillment companies.