A car from the USA for a company: VAT and documents
Not only a private person but also a company can buy a car from the USA. Then the contract, payments and invoices are in the company's name.
How it works
- In the account you choose "Company" and enter the name, code, VAT number and the representative.
- The company's representative signs the contract.
- You pay the deposit and other amounts from the company's bank account.
- We issue the invoices in the company's name.
Customs
We clear the car through customs in our own name, so the company needs no EORI number and no customs formalities of its own. If the company is VAT-registered and wants to account for the import VAT in its own VAT return, we can clear the car in its name: enter the company's EORI number in your account.
VAT
We pay the import VAT at customs and issue the company a VAT invoice. Whether the company can deduct the VAT depends on the vehicle category and its use: in Lithuania VAT deduction on passenger cars is limited (except, for example, for resale, rental or passenger transport), while for light commercial vehicles (N1) it is usually possible. Talk to your accountant before buying.
For regular buyers
If you plan to buy several cars a month, write to us – we will agree the terms.