Question 1

Will I be charged taxes or customs duties for storing my stock in a free zone?

Accepted Answer

No, you will not be charged any customs duties or taxes. Additionally, if you are exporting to non-EU countries such as the UK, Switzerland, Norway, or others, you will be exempt from customs duties and VAT.

Question 2

How long can items be stored in the free zone?

Accepted Answer

There is no time limit for storage in our warehouse.

Question 3

How can I pay customs duties?

Accepted Answer

You have two options: pay directly to the customs tax account according to our instructions or use our IOR (Import/Export Representative) services.

Question 4

What are the duties and import taxes for my purchase?

Accepted Answer

Duties and import VAT taxes are applied to goods purchased outside of the European Union, and are calculated based on the import scheme and the type of goods. If the value of the goods is under 150 EUR and they are sold to the end consumer, only VAT will be applied. In both cases, EU Broker can assist you with Import/Export Representative services.

Question 5

Do I need to register for VAT to store my inventory in a Free zone?

Accepted Answer

No, you are not required to register for VAT in the EU. You just need to sign an agreement with the Free zone.

Question 6

How can we reposition our stock to another country if our sales strategy changes?

Accepted Answer

If you are no longer in need of keeping the stock in the free zone, you may remove it by informing us in advance of your intention to do so. There is no obligation to keep the stock in the free zone.

Question 7

How do you ensure compliance with different VAT regulations across the EU?

Accepted Answer

EU Broker can simplify VAT requirements for non-EU sellers by providing a comprehensive range of services including:

• VAT registration in all EU countries
 • VAT processing and compliance for all EU countries
 • Managing all VAT-related activities, such as filing returns and paying VAT to the appropriate tax authorities
 • Retention of statutory information such as invoices and receipts
 • Handling any Tax Authority audits and providing necessary documentation
 • Providing guidance and support on VAT regulations and compliance requirements
 • Offering real-time tracking and reporting of VAT transactions
 • Providing a dedicated team of VAT experts to assist with any queries or issues. All VAT documentation will be kept by EU Broker and can be accessed at any time

Frequently Asked Questions