Importing goods often involves a lot. Not only is it important to have a reliable trading partner, there is also transport to be done, taxes to be paid and a lot of paperwork to be dealt with. What does an importer all need to consider?
If you have come to the decision to import goods, it is important to make a good import plan. Who are my competitors? How do I arrange transport? And what rules and roads will I have to deal with? If you import goods from another EU country, then how do you not have to file an import declaration with customs. If you import the goods from a country outside the EU to the Netherlands, then it is important to be well aware of all import regulations. For example, you must file a declaration with customs and, in most cases, pay import duties.
The importer is responsible for paying VAT on the customs value of the goods, which includes import duty, customs duties and VAT. The amount of VAT depends on the country of origin of the goods and the policy of the country where they are imported. In addition to VAT, when importing from outside the EU, the importer must also consider other taxes and duties, such as import duties and customs duties, which can vary depending on the type and quantity of the goods. Rules and legislation on VAT can also vary from country to country. A tax expert or a customs broker can help with specific questions about VAT obligations when importing goods.
Goods must be cleared at customs in the country where they are imported. Customs clearance is usually done by a customs broker or a clearing agent. A customs broker is a professional who specialises in customs rules and procedures and is responsible for collecting the necessary documents and processing customs clearance. The customs broker ensures that the goods are released and arranges the payment of customs duties, taxes and other charges. It is also possible for the importer to do customs clearance himself, but this requires extensive knowledge of customs laws and procedures and can be time-consuming and complex.
Before importing goods, it is important to do proper market research. Who is my target market? Who is my supplier? And am I allowed to import the product? Once that is clear, it is important to be well aware of the necessary documents and applicable roads and regulations. For example, you may have to deal with product and packaging requirements that apply within the EU, which in some cases require an import licence or import certificate. In addition, make sure you know who the product liability lies with in case of damage to the product. Does the product come from outside the EU? If so, import duties often have to be paid as well.
The cost of importing goods strongly depends on several factors, such as the value of the goods, origin, transport costs and specific customs duties and import taxes in the importing country. Want to be sure of an accurate estimate of the costs and avoid financial surprises? Then consult a customs broker in advance. Need help with importing goods? Questions about importing goods? Or need help filing an import declaration? Then Rotterdam Customs Services B.V. is ready to help you. Our experts have all the necessary knowledge and are always up to date with the latest changes in legislation.