Fiscal representation for EU imports
As a forwarding company EgeTrans is authorized to act as a fiscal representative for VAT purposes in the EU. The Value Added Tax Act allows forwarders to declare tax-free imports, which are not subject to input tax settlement, as an authorized representative of a foreign taxpayer. This mainly concerns VAT-free imports followed directly by intra-Community delivery.
A fiscal representative is specifically intended for companies located abroad that want to import goods from a third country into the EU and transit them through an EU country in which they do not have their domicile, registered office or other taxable turnover, before the goods are delivered to the country of destination. The fiscal representation is supposed to reduce the administrative effort for imports and to not affect the liquidity of the importer.