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Optimize EU Logistics

Selling products in the EU

Optimize EU Logistics

- Selling products in the EU

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Selling in the EU means access to 28 individual countries, enabling you to bring products to less saturated markets, meet international demand, and grow your potential sales market.

As a business trading in Europe, you can benefit from the EU Single Market and also from certain trade arrangements that are applicable within the European Union.

However, there are certain challenges that come with the logistics including getting familiar with local customs duties, VAT, deferment licenses and other.

Our network of (tax) consultants, third party logistics providers and the Dutch authorities would be happy to assist you in determining if using the Netherlands as your logistics hub is the most efficient location for your group to get your products into Europe.

Setting up your logistics hub in the Netherlands could allow:

Checklist

How to get started with your logistics hub in Europe

Step 1. Obtain initial high-level tax/and legal advice on structure

Procedure
Dutch advisor should comment on tax/and legal requirements of intended set-up.

Timing
10 business days

Executer
Dutch (tax) advisory firm

Step 2. Incorporate DutchCo

Procedure
Engage with Dutch notary, who will draft PoA for incorporating person or body and draft the articles of the to be incorporated company.

Timing
5 to 10 business days

ProcedureExecuter
Dutch notary

Step 3. Provide local director

Procedure
Provide local director(s) to enable to local company to comply with local substance requirements (at least 50% of board should consist of resident directors).

Timing
5 to 10 business days

Executer
First European

Step 4. Open bank accounts

Procedure
Bank account(s) in the name of the DutchCo should be opened. Can be a bank in any jurisdiction as long as local board is managing the bank account.

Timing
10 to 90 business days

Executer
Finance or Treasury team or First European Gateway Services can assist

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