Fiscal Representation

Your VAT under control

When exporting goods from the Netherlands to other European countries you have to deal with the settlement of VAT and the administrative process that goes along with it. Without the knowledge of VAT settlement this can be a complex and risky process. Especially if supplied to multiple countries in Europe.
Besides, SILS can represent non-resident companies making taxable supplies of goods and/or services in the Netherlands as its fiscal representative.

SILS Customs can advise you in the field of your tax administration or even prepare and submit your periodic VAT returns. Additionally, fiscal representation is important for companies that are not established in the Netherlands or Europe, but do like to do business over here. Through fiscal representation SILS can take care of the registration for these companies and prepare and submit their VAT return, the European Sales Listing and the Intrastat declarations (if applicable). SILS Customs can act as Limited Fiscal Representative or as General Fiscal Representative.

Fiscal Representation

If a non-resident company is making taxable supplies of goods and/or services in the Netherlands, this company in principle needs to register for VAT purposes. A fiscal representative takes care of the registration for these companies and prepares and submits the VAT return, the European Sales Listing and Intrastat declarations, if applicable. By making use of a fiscal representative, non-resident companies can also import goods without having to pay the import VAT. This is in fact directly deferred to the periodic tax declaration, resulting in huge cashflow and interest benefits for this company. There are two kinds of fiscal representation: General Fiscal Representation and Limited Fiscal Representation.

The benefits in brief:

  • SILS takes care of the entire VAT administration, reporting & obligations.
  • Both acting as Limited Fiscal Representative or as General Fiscal Representative.
  • SILS has all of the necessary licenses and authorizations.
  • Huge cashflow and interest benefits by applying the import VAT deferment system.

General Fiscal Representation

A General Fiscal Representative (GFR) represents a non-resident company with respect of all its supplies of goods and services for which VAT is due in the Netherlands. In addition, the company is represented by the GFR with respect of the intra-Community acquisitions of goods and the import of goods. When SILS Customs acts as a GFR our client does not need to make a thoroughgoing study of the Dutch legislation and the complex VAT rules. SILS Customs will apply for a personal license and VAT number for our customer. By default, Article 23 is applicable on the personal VAT number of our client, enjoying the import VAT deferment system that results in huge cashflow and interest benefits.

Limitted Fiscal Representation

A Limited Fiscal Representative (LFR) can only represent a non-resident company for the import of goods and subsequent deliveries to business addresses (B2B). Clients who let themselves represent by SILS Customs this way, are thus enjoying the possibilities of deferring the payment of VAT at import the same way as clients with a GFR. SILS Customs does not need to apply for a personal license and VAT number for these customers, but uses its own subnumber under its own license, to represent the non-resident company and to benefit the the VAT deferment system. A LFR can not act on behalf of the non-resident company in the field of intra-Community acquisitions or services rendered.

Curious about our fiscal representation?

We answer all your questions professionally. We also are glad to make an attractive and personal quotation for you.