Before January 1st, 2020, the importation under the French reverse charge was only available to non-EU owning companies through their customs representative. An EU company had to prove that they had carried out at least 4 importations into the European Union customs territory during the twelve months preceding the importation under the French reverse charge.
Since January 1st, 2020 it is possible to import a vessel under the French reverse charge even though the owning company is established in the European Union.
However, there are conditions to respect:
- The company must have at least one year of existence
- The company must have a system (of internal control) in place to manage customs and tax filings and documents which allow the taxpayer to fully track its importations.
- The company must be able to justify that the latter or its directors have not been involved in serious or repeated breaches to the tax and customs provisions
- The company must have been financially solvent in the 12 months preceding the request to apply the reverse-charge system.
The YMCA team remains at your disposal for further queries,
Landline: +33(0)4 92 00 43 9
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