If you purchase goods from a supplier in the Netherlands and the goods remain in the Netherlands, your supplier will charge you VAT. If you purchase goods in the Netherlands and transport them to another EU Member State (e.g. to your own country), it is called intra-Community supply , for which the 0% VAT rate applies.
Do I need to be VAT registered to sell to EU?
If your sales to an EU territory exceed the distance selling threshold then you will be required to register for EU VAT in that country and charge EU (rather than UK) VAT at the appropriate rate thereafter. However it’s important to include both your own and the customer’s VAT registration number on your invoice.
Do trades have to pay VAT?
As explained below, the law requires UK traders with sales (turnover) above the VAT threshold to register for VAT and charge it on supplies of goods or services. The trader charges the VAT and then pays it over to HM Revenue & Customs (HMRC), the government’s tax-collecting authority.
Who pays VAT in Netherlands?
consumers
In the Netherlands, consumers pay value added tax (VAT) on all goods and services they buy. VAT is included in the price. The consumer pays the VAT to the trader, who then remits it to the Tax and Customs Administration.
What is VAT called in Netherlands?
Value Added Tax in Dutch is called Belasting toegevoegde waarde. Check this Dutch VAT calculator.
Do you have to pay VAT when selling goods in the Netherlands?
However the reverse-charge mechanism applies to sales of goods to Dutch entrepreneurs. In such cases your client will be required to pay the VAT. Do you supply goods to private individuals or other foreign entrepreneurs in the Netherlands? Then you must charge VAT. You are also required to file a VAT return in the Netherlands.
Is there a reverse VAT charge in the Netherlands?
Normally the Dutch supplier of the goods will charge Dutch VAT – so the only means of recovery of that amount is registering. Unfortunately, the Dutch do not operate a local reverse charge unlike some Member States for situations such as this.
Can a foreign company register in the Netherlands?
Foreign companies may register in the Netherlands for VAT without the need to form a local company; this is known as non-resident VAT trading. There is no VAT threshold in the Netherlands for the registration of non-resident traders; a VAT number must be in place before the commencement of taxable supplies.
What happens if UK company buys and sells in the Netherlands?
If a UK VAT registered company buys products in The Netherlands, then sells them in The Netherlands to a Belgian company, what is the VAT situation? Does the UK company need to be Dutch VAT registered or can reverse charge apply? Please login or register to join the discussion. I am not sure what you mean by “sells them in The Netherlands”.
