It is possible to invoice the ordered parts excluding the German VAT to companies from other EU member states. Due to the complicated German VAT law it is necessary to handle these deals as follows:
- 1. We charge the ordered parts excluding VAT but we have to charge a so called deposit payment amounting to 19% which is not revealed as VAT.
- 2. The buyer pays the full amount plus 19% deposit payment.
- 3. After delivering the ordered parts to the EU member state the buyer has to fill out the hereafter attached form (Entry Certificate), which is also attached to the invoice, and send it back to us by post.
- 4. As soon as the certificate arrived we send back the deposit amount to the buyers bank account.
Unfortunately the German VAT law is pretty company-unfriendly – we thank you very much for your understanding.
If you have any questions please don´t hesitate to contact us.