Fiscal representation by Less Grey

Foreign entrepreneurs with activities in the Netherlands often need a Dutch VAT registration. In addition, it may be necessary or advantageous to use a tax representative, for example, if you regularly import goods into the Netherlands.

Preventing unnecessary cash flow costs

By appointing a Dutch VAT representative, the foreign entrepreneur can, among other things, avoid unnecessary cash flow costs when importing into the Netherlands by applying for a so-called "Article 23 permit.

This permit allows you to avoid paying the import VAT to customs at the time of importation. Instead, it is declared in the periodic Dutch VAT return.

Dutch tax representative

An Article 23 permit can only be obtained by a company based in the Netherlands or a foreign company that has appointed a Dutch tax representative.

How can Less Grey help you?

As tax representative of the foreign entrepreneur, Less Grey is responsible for fulfilling the VAT obligations. These obligations result from taxable performance by the foreign entrepreneur in the Netherlands.

In practice, Less Grey takes all administrative burdens off your hands, allowing the entrepreneur to focus on doing business.

Tax representation services

Less Grey provides the following for the foreign entrepreneur:

• VAT returns;
• Declaration of Intra-Community Performance (EC Sales List);
• Intrastat declarations;
• VAT and customs consulting;
• Contact and first point of contact for the Dutch tax authorities and Central Bureau of Statistics (CBS);
• Permit General Fiscal Representation;
• Other permits, such as Article 23 Permit.

The benefits of tax representation

The advantage to appointing Less Grey as General Tax Representative is that the foreign entrepreneur:

• do not have to pay import VAT at customs (Art. 23 Permit);
• Can charge 0% VAT for trade in a VAT warehouse (e.g., trade in mineral oils);
• 0% can be charged through an excise tax warehouse (AGP).

Bank guarantee

The Inland Revenue requires a bank guarantee when a foreign entrepreneur appoints a tax representative. This bank guarantee is a minimum of EUR 5,000. This amount must be deposited by the foreign entrepreneur directly with the Dutch tax authority. The amount is returned when the permit is terminated.