The facilities of the Ibertransit Group have been licensed to operate as a Public Customs Warehouse (DAP), a VAT Warehouse (DDA), a Temporary Customs Warehouse (ADT) and a Licensed Premises for Export Goods (LAME) by the Customs Authorities and the Tax Office.
This enables us to indefinitely store goods imported from countries outside the European Union without the payment of customs duties and other import taxes.
This type of warehouse is ideal for importers which do not usually contribute added value to the product and which serve as mediators, allowing the same to:
– Defer payment of import value-added tax (IVA in Spain) and customs duties in accordance with sales generated with Spanish customers.
– The payment of customs duties and IVA shall only apply at the time the goods leave the warehouse for sale.
– Partially or totally transfer the taxes in relation to specific sales made to customers in the EU or third countries.
– Execute partial shipments and deliveries.
Likewise, companies importing their products from third countries with the aim of selling the same to third parties may also benefit from this type of premises, being able to place the goods in a customs warehouse prior to the release of the same into free circulation, whereby customs duties, IVA, and trade policy measures are suspended, with no limit on the length of time the goods remain in a customs warehouse.
Another advantage of the customs warehouse is being able to handle the goods prior to shipment for consumption, or to make the corresponding “order”, always subject to the original state of the goods may not having being altered.
Public Customs Warehouse (DAP), a VAT Warehouse (DDA), a Temporary Customs Warehouse (ADT) and a Licensed Premises for Export Goods (LAME) by the Customs Authorities and the Tax Office