In line with the enlargement of the EU, more and more companies are establishing their production bases in Europe. As a result, it became significantly important to manage built-to-order principle and regulatory requirements on a pan-European basis. Yamato, as a limited fiscal representative (LFR) with valid VAT ID number, will take care of VAT formalities connected with importing and distribution for companies without a permanent establishment in Europe and even improve the financial standing for their business expansion in the European market.

Yamato Transport Europe B.V., as the first logistics service provider in Netherlands, has signed a Covenant Horizontal Supervision with both the Dutch Tax and Customs Administration.
  New Dutch Customs Membership

By appointing Yamato as a limited fiscal representative, foreign entrepreneurs can enjoy the benefits including:

No need for VAT payment

Foreign companies can enjoy positive cash flow through VAT deferment system.

Less transportation cost and time for resale shipments

Yamato delivers goods directly to the buyer, without going through reseller in EU.

More visible and controllable inventory

Foreign suppliers can have stock of goods as their own assets in EU which reduces over-inventory risk for buyers.

VMI capabilities

Non-resident suppliers can store their goods within the premises of buyers, which result in just-in-time delivery of goods.

Yamato’s experts in the field will work closely with customers to consult and propose a customized VAT solutions in accordance with customers’ particular needs. Here with Yamato, business opportunities in Europe are enormous.