[ESTABLISHING A BUSINESS ENTITY IN GERMANY]
218
2. Goods and Machinery Most goods and machinery can circulate freely within the EU. Customs, import turnover tax ( Einfuhrumsatzsteuer ), and in some cases, special excise taxes are charged for imports to Germany from non-EU states. The customs payable can be determined online using the TARIC (Integrated Tariff of the European Communities) system. Customs are not charged on investment goods if business operations have been transferred in full to Germany. Household objects can also be imported into Germany freely if the owner moves place of residence from abroad to Germany. A customs exemption of this kind must be applied for in writing beforehand.
ILN Corporate Group – Establishing a Business Entity Series
Made with FlippingBook Ebook Creator