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Accounting VAT on Import

When importing goods from a third country into the European Union, or releasing them for free circulation, an obligation arises to pay import duties. This includes import customs duty, VAT on import, and other applicable public charges depending on the type of goods.

When importing goods from a third country into the European Union, or releasing them for free circulation, an obligation arises to pay import duties. This includes import customs duty, VAT on import, and other applicable public charges depending on the type of goods.

The provisions of the VAT Act (“Narodne novine” No. 73/13 to 113/22 – hereinafter: VAT Act) allow for the application of so-called accounting VAT on import to ease liquidity for taxpayers and facilitate business operations.

According to Article 76, paragraph 8 of the VAT Act, VAT on import is considered paid if the VAT-registered taxpayer (who has the right to deduct input VAT in full) records it as an obligation in the VAT return, provided they opt for this method by correctly completing the customs declaration that releases the goods for free circulation.

Applying the accounting VAT method for import is optional and offered as an opportunity rather than an obligation.

Foreign taxpayers (from either the EU or third countries) who are registered for VAT in Croatia (with an assigned VAT identification number in Croatia) and meet the prescribed conditions can also qualify to use accounting VAT on import.

More information on this benefit and its conditions can be found in Guideline No. 8/23 on VAT payment at import based on VAT returns and in the leaflet on accounting VAT on import.

EU project

The company Tempo d.o.o. (Titov trg 7, 52220 Labin, OIB: 48743301312) has received non-repayable funds from the European Regional Development Fund for implementing the project titled “Improvement of IT Infrastructure and Increase of Work Efficiency Through the Complete System of International Freight Forwarding by the TEMPO d.o.o. Group” (KK.03.2.1.19.1317). The total project value is HRK 1,535,000.00, of which HRK 800,150.00 is financed by the EU.

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The EORI number is a unique identifier used for identifying economic operators and other persons involved in activities subject to customs regulations. It is assigned by the relevant customs authorities and is unique across the European Union.

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The AEO status is an internationally recognized quality mark, indicating that the company meets all prescribed quality criteria, including full compliance with customs regulations, appropriate standards of record-keeping, business security, financial solvency, and protection according to security standards. This certificate helps facilitate international trade, improve supply chain security, and reduce administrative burdens in customs procedures.

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