Simplified import procedure from Ukraine to the EU. How does it work?

VAT taxpayers importing goods into the EU can use the simplified import VAT procedure. This is a cashless procedure for paying VAT on imports.

Whether you want to import goods into the EU from Ukraine or from another country outside the EU, it is useful to know which option is the most favorable for the import procedure and the release of goods for free circulation.

The use of the simplified procedure is advantageous from the point of view of liquidity (cash flow savings) in terms of VAT, which in Poland is, as a rule, 23% (the basic VAT rate, in some cases reduced rates are available).

However, the use of the simplified procedure is accompanied by a number of formal requirements, which in some cases can pose significant challenges for importers.


#MORE on this issue Agnieszka Kisielewska and Iwanna Lewko in an article on Ukraine in Ukrainian: