Moving Your Own Goods Between EU Warehouses
Key Moments
- 00:01 – Introduction
- 00:28 – Why moving your own goods can create VAT obligations
- 00:49 – VAT registration in the destination country
- 01:19 – VAT numbers and documentation requirements
- 01:59 – Why OSS does not remove local VAT obligations
- 02:19 – Stock corrections, returns and call-off stock
- 02:43 – What to review before moving your stock
- 03:01 – How ASB can assist with EU warehouse VAT
Short Summary
Moving your own goods between EU warehouses can create VAT obligations even when there is no sale. A Bulgarian company may need to report an intra-Community supply in Bulgaria and a corresponding acquisition in the country where the goods arrive.
The business may also need local VAT registration, proper transport and warehouse documentation, and correct reporting of stock movements, returns and adjustments. OSS does not automatically remove these obligations, so the VAT position should be reviewed before the goods are moved.
Need Help With VAT on EU Warehouse Stock Movements?
Contact ASB Accounting Services Bulgaria for professional assistance with cross-border warehouse structures, VAT registration requirements and the accounting and VAT reporting of stock movements within the European Union.
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Phone: +359897282599
Email: ASB@AccountingServicesBulgaria.com