There are many financial options to consider for Customs, including:
- Comprehensive Guarantees, which you’ll need to register for Temporary Storage in the case of inward processing, we can advise on the application process with either the Commercial Banks or the Strategic Banking Corporation of Ireland (SBCI)
- Deferred payments, you can defer payment of custom duties using a deferred account, we can advise on how to register for one with the Irish Revenue service and the HMRC, you will need your comprehensive guarantee authorisation number before you can apply for a deferred payment authorisation in Ireland
- Postponed Accounting for VAT, under recent legislation introduced, companies can use postponed VAT accounting on imports (PIVA) resulting in significant cash flow benefits for your company. We will advise you on whether this would be suitable option for your business.
Other Professional Financial Services
Tax Returns – Irish/UK Traders
As registered Certified Accountants we can prepare your VAT returns and submit to both the Irish/UK Revenue authorities.
Company Setup – Non-EU Traders
As part of our IOR services for Non-EU Traders who wish to set up a presence in the ROI or UK, we can register your Irish or UK entity with the Irish or UK Companies Registration Office, and submit all relevant returns such as your Annual return including preparation of your Financial Statements.