VAT warehousing is a physical warehouse, as well as a tax system, intended for the custody of Italian and EU goods not intended for retail sale and it represents a tangible advantage for trade operators.
MWM performs this service in line with the latest European and national directives, to promote and facilitate international trade in goods to third countries or to encourage EU companies in the processing and manufacturing activities carried out on goods from third countries, through the introduction of goods into the European Union without being liable to taxation.
Let’s illustrate this process with a typical example: the goods in the Customs Warehouse are released for free circulation by being moved into the VAT Warehouse, thus absolving them of customs duties and suspending VAT payment. Even when these goods are removed from the VAT warehouse, there will be no financial outlay of VAT, which will be paid only once the goods are released for sale.
Use our form to send us an information request about our VAT warehousing service.