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COVID-19 and VAT The latest news, updates and support – all in one place

Import VAT, Import VAT, VAT IT

IMPORT VAT

If your company is importing items into a foreign country at it’s own cost and for it’s own use (DDP shipments), you can claim back the import VAT.

What is Import VAT?

If a company ships equipment DDP (delivery duty paid) to foreign countries, the seller bears all the costs in the destination country. As a result, a significant foreign tax charge known as import VAT is charged. Import VAT leakage is common when the logistics department handles the shipping invoices instead of the finance department. Consequently, the import VAT goes unnoticed and companies lose out on the opportunity.

Industries that incur Import VAT

Import VAT, Import VAT, VAT IT

Pharmaceuticals

Import VAT, Import VAT, VAT IT

Automotive

Import VAT, Import VAT, VAT IT

Mobile Operators

Import VAT, Import VAT, VAT IT

Telecoms

Import VAT, Import VAT, VAT IT

Cloud-based IT Software companies

Import VAT, Import VAT, VAT IT

Companies attending foreign tradeshows

Our Logistics Service Suite

We offer a holistic suite of logistics-related services for your business and assist you in saving up to 70% of all your shipping costs. This is made possible by combining the savings from Import VAT, co-location costs and our importer of record services.

Need more information on Import VAT?

Download our import VAT brochure to learn more.

Import VAT, Import VAT, VAT IT

Calculate your ROI

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