Since 1 January 2022, the reverse charge mechanism for import VAT has been generalised and applies on a mandatory basis.
The main impact of this change is the obligation for the taxable importer to be identified for VAT purposes in France.
However, in order to allow companies to comply and not have their goods blocked at French customs, the customs and tax authorities have set up a transitional period until 30 June 2022.
In this context, and in order to benefit from this transitional period, the company established outside the European Union must:
- Appoint an accredited tax representative in France before 1 March 2022;
- Apply for VAT registration in France before 1 March 2022.
Companies not established in the European Union that do not comply with these two conditions will not be able to benefit from the transitional period and will see all their import operations in France blocked.
For more details, please contact us.
Source: ec.europa.eu
