Foreign Trade Duties and Taxes in Malta
Gross Value-Added Tax: Value-added tax (VAT) is known as “BTW” (Belasting over de Toegevoegde Waarde) in Malta. While the regular VAT rate is 21%, many products and services are subject to 9% or 0% lower rates. A VAT exemption or discount may be available depending on the kind of product being imported.
Importers may be subject to customs duties when importing products into Malta. Different HS codes and countries have different tariff structures. The Common Customs Tariff (CCT) of the European Union provides uniform rates for customs taxes throughout the EU.
Excise taxes are levied on several goods, including booze, cigarettes, and energy supplies. Importers may also be responsible for customs handling costs for services rendered by Dutch Customs throughout the import procedure. Cargo inspections and supplementary paperwork may be part of these services. With One Union Solutions’ Delivery Duty Paid (DDP) service, you will get a detailed manual to help you through the import process with ease.
We streamline the process from placing an order with your foreign vendor until it is delivered. You must first initiate contact with your foreign provider and place an order with them. Working together with your supplier is essential, and we’ll check that everything is labeled and documented correctly to meet Malta’s requirements. Our importance grows throughout the route your products take to Malta. We handle all interactions with customs officials on your behalf to guarantee a trouble-free process. Goods are subject to inspection by Malta customs officials upon arrival. As a result of our in-depth familiarity with Malta customs procedures, we can expertly negotiate this stage. After your items have been processed through customs, they will be delivered to the address of your choice in Malta.
Our thorough approach guarantees compliance with all necessary documents and quickens the clearing process at customs. Certificates of origin indicating the country of production and the impact on applicable tariffs and taxes; accurate and complete customs declarations; detailed invoices detailing the goods, their value, and their origin; bills of lading confirming the receipt of goods for shipment and including information about the type of goods and the quantity; itemized packing lists to facilitate customs inspections; Having access to accurate and timely data is crucial in international trading. Our cutting-edge package monitoring service gives you full visibility over your shipments at all times.
Partner in Malta Imports You Can Trust
Our core emphasis at One Union Solutions is our all-inclusive DDP (Delivery Duty Paid) Delivery Service. Still, we also provide Global Importer of Record (IOR) and Exporter of Record (EOR) services. One Union Solutions is your reliable partner for success in the worldwide market, whether you need IOR or EOR services or want the ease of our DDP service.