Import Tax and Duties:Import tax, also known as customs duties or tariffs, can be complex when shipping to the Netherlands. As a member of the European Union (EU), the Netherlands follows EU trade policies, which generally involve low or no tariffs for goods originating from other EU...
Kenya Private Sector Alliance (Kepsa) said previously that the planned US-Kenya trade deal would lead to increased opportunities for export and import.
Kenyan goods access the 27-member Eurozone duty- and quota-free on an interim deal reached in 2016 after Nairobi failed to convince Tanzania, Uganda and Burundi to sign the Economic Partnership Agreement (EPA) it had successfully negotiated with the EU two years earlier. Rwanda signed the deal...
When selling online to the European Union (EU), for example, you can either opt to use DHL’s Duty Tax Paid (DTP) Billing Service, where DHL pays Import Customs VAT to authorities upon import and then charges back to you, or you can register with the European Union’s Import One Stop...
China is importing both white and yellow maize, meaning that there will be no reprieve for animal feed manufacturers who have been banking on a duty-free window of yellow produce to arrest the rising cost of feed. Read:Why Kenya's maize import plan is facing headwinds ...
Import regulations and customs clearance Importing goods into the UAE is very straightforward: B2C Shipments A De Minimis value of $270.00 is in place across the UAE Shipments below this value are only subject to VAT at 5% Above the $270.00 threshold, duty at 5% applies on the majorit...
The Treasury opened the import window in May to allow millers to bring in maize from outside of Africa duty-free. However, the processors said they could not ship in the commodity because of scarcity and high prices in the international market. ...
The underperformance was largely a result of shortfalls in income tax of Sh88.1 billion, value-added tax of Sh25.3 billion, and other losses in import duty of Sh19.5 billion and excise duty of Sh.29.1 billion. “This trend points to an overall deviation of 13 perc...
Those assembling electric vehicles in the country enjoy a raft of tax incentives including zero percent excise duty, 10 percent import duty and zero-rated value-added tax (VAT). The Roam bus is equipped with a 170 kilowatts per hour (kWh) battery pack and a 51-passenger...
As an alternative to a subsidy, the government can also consider issuing tax exemptions to the company to make its products more competitive and support the agenda of creating jobs locally. The exemptions from taxes such as import duty, for instance, has helped the automotive assembly sector s...