Ryan Brook
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When is VAT Due on part purchase of machinery in EU before being sent to UK after Assembly?
Currently looking at part paying for a larger part of machinery in an EU country - I.E paying for the raw components before it is assembled. The goods will not be shipped to the UK until fully assembled some time down the line. Will VAT fall due once the company becomes legal owner of these goods in the EU country or at the time they are imported? Does the company need to register for VAT in the relevant EU country before purchasing these goods?