Fiscal Representative

When a foreign company imports goods into the UK market, it has to be identified in the UK through a VAT Number in order to meet administrative obligations relating to VAT.

What is fiscal representation?

A tax representative is a local entity representing a foreign trader for VAT purposes.

This is particularly important when goods are to be imported from a company that does not have a permanent establishment in the UK. By identifying a tax representative, it will be possible to fulfill the obligations arising at the time of importation into the UK (payment of duties, VAT and accounting for VAT on transactions).

In order to proceed with the identification it is necessary to appoint a Tax Representative / TAX Agent.