Tax alert

Paris 2024 Olympic Games: Anticipate the customs and VAT implications

By:
Ivan Gay
Jeux Olympiques Paris 2024 : Anticipez vos problématiques douanières et de TVA

If you are a supplier of goods or services involved in the Paris 2024 Olympic and Paralympic Games, an olympic committee or a federation, you will have to deal with Customs and VAT issues in France.

Your Challenges:

The introduction of goods into France, their use during the Games and their subsequent re-exportation or return to EU countries, as well as any supply or services are subject to complex French Customs and VAT rules.

These operations may notably entail:

  • Customs obligations and formalities,
  • VAT obligations, such as VAT-registration, filing of VAT returns and payment of VAT.

It is therefore necessary to comply with the French Customs and VAT obligations to avoid tax reassessments and penalties.

The setting-up of specific regimes and procedures (temporary admission, ATA carnet…) can alleviate or bypass some Customs and VAT obligations. The reimbursement of the French VAT incurred is subject to specific procedures.

Our assistance:

  • Securing your future operations in France:
  • Identification and qualification of your operations,
  • Identification of your Customs and VAT obligations,
  • Set-up of the required procedures,
  • Set-up of the relevant procedures to recover the VAT incurred in France.

Anticipating your operations by implementing specific optimized Customs and VAT régimes.