VAT Warehouse
We also have the VAT Warehouse authorization (DDA) which provides different advantages to companies in both the importing and exporting of goods.
VAT Warehouse Advantages (DDA):
- Thanks to this service, carrying out purchases and sales transactions without having to pay VAT at the time of purchase or on receipt of goods is allowed.
- It allows custom duty payments on goods imported from countries outside the European Union for a limited period of time.
- Storage for an unlimited time under a VAT suspension arrangement.
- Possibility of partial goods issues.
- Goods handling and classification while goods are stored in the warehouse is allowed.
- It accepts the buyer’s VAT self-assessment in periodic settlements.
- Any company in the European Union can make these services effective, benefiting both the buyer and the importer of the aforementioned tax advantages.