Navigating VAT and customs in the chemicals sector

Discover how chemical companies can optimise VAT recovery and strengthen customs compliance in an increasingly complex global supply chain.

In this Ayming guide, we explore the unique VAT and customs challenges chemical companies face, offering strategies to improve compliance, reclaim VAT efficiently, and adapt to a rapidly evolving regulatory environment.

The chemical sector operates within globalised supply chains, with raw materials and finished products moving across multiple jurisdictions. This creates significant complexity in VAT compliance, from determining the correct treatment of cross-border transactions to navigating sector-specific regulations. Without a proactive strategy, companies risk inefficiencies, cash-flow challenges, and penalties.

Navigating VAT & customs in the chemical sector: A comprehensive guide

VAT and customs challenges in the chemical industry are wide-ranging, from differing tax classifications across countries to reclaiming VAT on complex supply chain transactions. This guide covers:

• Understanding VAT and customs complexities in the chemical industry – Learn how cross-border transactions, sector-specific regulations, and varying tax rates affect VAT treatment.
• Maximising VAT recovery & reducing risks – Identify opportunities to improve tax efficiency, optimise cash flow, and avoid financial losses from non-compliance.
• Implementing best practices – Discover proactive strategies to streamline VAT and customs management, moving beyond a reactive, administrative approach.
• Embracing the future of VAT – Explore the impact of digitalisation, automation, and sustainability on VAT and customs management.

With Ayming’s expertise, your chemical company can navigate these challenges with confidence, ensuring compliance while unlocking opportunities for efficiency and improved cash flow.

Download the guide and optimise your VAT & customs strategy today!