- Guide on managing VAT and customs in the pharmaceutical sector
- Focus on addressing challenges and optimizing processes
- Ayming provides practical guidance on improving regulatory compliance
- Effective VAT recovery and managing customs complexities are key
- The pharmaceutical sector is highly regulated with differentiated VAT exemptions and customs regulations
- Understanding these constraints is crucial for optimizing company liquidity and avoiding financial losses
- The guide covers multiple fiscal and customs challenges for pharmaceutical companies
- Topics include understanding VAT and customs complexities, optimizing VAT recovery, and reducing fiscal risks
- Emphasis on adopting industry best practices for simplifying fiscal and customs processes
- Overview of future trends like digitalization and automation in pharmaceutical taxation
Source: ayming.it
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.