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Deferred VAT on Imports: Everything You Need to Know

  • Deferred import VAT is a strategy to improve financial liquidity.
  • To use it, understand procedures, incoterms, and regulations.
  • Subject exemption from VAT does not mean exemption from import VAT.
  • Subject exemption means turnover did not exceed 200,000 PLN in the previous year.
  • Subject exemption does not exempt from import VAT.
  • Import VAT regulations vary by country.
  • This information applies to Polish regulations and imports into Poland.
  • Future articles will cover import VAT in other EU countries.
  • If you sell abroad, check the provided resources.

Source: eurofiscalis.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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