Law on the “Economie Bleue” – Reverse charge of VAT on importation – Simplifications for EU established businesses

From 22 June 2016, it is possible for companies established in the EU for using opt to use the reverse charge for VAT due upon impor-tation. There are no particular criteria to be fulfilled other than simply making the option.

However, the government has recently proposed, with a new bill (“Sapin II”), the re-introduction of a pre-authorisation system for EU businesses other than those which have Authorized Economic Operator status. This bill is currently being debated in the French Parlia-ment and could be released before the end of July.

Companies established in the EU who wish to opt for this regime must do so as soon as possible in order to benefit from the simplified procedure.

Michel Guichard

Michel Guichard, Partner, leads the Indirect Tax activity. With more than 30 years’ experience in International and French Tax law, he advises his clients on indirect tax matters. Michel is […]

Odile Courjon

Odile Courjon, Partner, has developed a strong expertise in indirect tax issues (VAT, wage taxes, excise taxes, export control and customs) in France and overseas. She advises her clients in […]

Bertrand Jeannin

Bertrand Jeannin, Partner, supplies strategic and technical advice to French and foreign multinational groups in all aspects of their VAT and customs policies. Major focuses of Bertrand’s input involve the […]

William Stemmer

William Stemmer, Partner, has more than 15 years’ experience in Indirect Tax matters. William particularly specializes in the real estate and financial sectors. William is a lecturer at the University […]

Anne Gerometta

Anne, Director, has been advising companies on indirect tax issues for more than 15 years. Anne has developed a specific expertise on the manufacturing sector (VAT, customs and Export Control) […]