Doing business within the EU

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An ABC supply chain transaction always concerns at least 3 business operators from one or more countries. In such a transaction, business operator A sells to B and B successively sells on to C. A delivers the goods directly to C.

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In a standard ABC supply chain transaction, the business operator A sells to B and B sells to C. The goods go directly from A to C. If the transport occurs within the framework of the supply (A-B), B must register in the country of C and he must submit the VAT return there. In a simplified ABC supply chain transaction, there is no necessity for registration and submission of a VAT return.

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You must comply with the following conditions:

• You must be able to provide evidence of having bought the goods from A with the aim of successively selling them to C. You may provide such evidence by submitting a contract or an offer.

• There are 3 business operators who each have a VAT identification number in a different EU country.

• You make an arrangement with A in respect of the transport of the goods.

• The goods go directly from A to C in the country of C.

• You are not registered in the country of C.

• You already have to submit your VAT returns in the Netherlands in respect of other taxable activities.

• You include your intra-Community supply to C in your VAT return and in your intra-Community transactions declaration.

 

HOLLAND COMPANY has the solution  for the setting up, registration and reporting of your ABC supply chain transactions.

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