As a rule, companies established in the EU performing transactions subject to VAT on the French territory have the obligation to register for VAT in France.
However, companies established in the EU performing, in France, importations under customs procedure 42 that are immediately followed by intra-community supplies to other EU member States can be exempt from registering for VAT in France by appointing a limited tax agent.
Customs procedure 42 enables companies to import goods without paying import VAT in France and to resell them to taxable persons in a different EU member State with a VAT exemption.
By using customs procedure 42, companies can avoid paying import VAT and invoice their clients without VAT. This represents a substantial competitive advantage.
Thanks to the appointment of a limited tax agent, importations following customs procedure 42 and subsequent intra-community supplies will be performed using the limited tax agent’s VAT number. Consequently, said transactions will be declared in the limited fiscal representative’s VAT return and DEB/Intrastat declaration.
In consequence, the company will avoid extra costs and formalities arising from the obtention of a VAT number and from the submission of VAT returns and DEB/Intrastat declarations.
Intra-community VAT is a complex subject, constantly evolving. It requires an extremely detailed expertise.
By choosing ASD Group, you will receive support from a team of intra-community VAT tax experts. They will back you up day to day and help secure your activity.
Choosing ASD Group also means choosing a reliable partner that has been working with European tax administrations for over 20 years. We will be the guarantor of your business in the EU and of your reputation with the European tax services.
ASD Group is also a network of branches located in 25 countries within and outside the European Union.
The transformation and digitalisation of tax are becoming more widespread.
So as to be at the forefront of these digital tax issues, ASD has invested in developing platforms for online services, which make managing requirements and exchanges between taxpayers and the tax office much easier.