Usually in this blog we are not talking about stocks and other financial matters. But this time we make an exception. The Van de Ven family is increasing her ownership of Vetipak again.
New at Vetipak: Inward Processing
Good news! Customers who have products from outside Europe and packed by us, no longer have to pay import duties. Thanks to our new service ‘Inward Processing’ (also known as bonded handling) they save up to thirty percent of the value of the products.
Inward Processing (IP) makes it possible to ‘inward’ process products from outside Europe, which means that they don’t have to pay import duties on it. The condition for IP is that the products do not end up on the European market as a finished product. Depending on the type of product, our customers quickly save twenty to thirty percent of the value of the products.
The impending Brexit was a important reason for developing this service. But of course now we can also use IP for packaging products from other non-Europe countries whose final product is not intended for the European market. For example; think of travel retail goods!
To serve our customers as completely as possible, we work with an IP standard process:
We sign out delivered T1-documents;
We apply for a permit for Inward Processing;
We have T1-documents drawn up for the finished product.
Also want to save money?
Would you like to know more about our new service?
Please contact our internal expert Hans Snel: 0412 – 455 815.
Have you already read this?
The latest news.
Navigating the ‘jungle of sustainability’ - Part 2: Mark van der Burgt, CCO, Vetipak
Manufacturers, packaging companies, retailers, governments and consumers... we all struggle to meet the challenges of sustainability. Things need to improve – that much is clear. But how? We set out to find answers in the ‘jungle of sustainability’.
In the second part of this series, we talk to Mark van der Burgt, Vetipak’s Chief Commercial Officer. He would like to see clients and packaging partners get together at an earlier stage to discuss the opportunities provided by sustainable solutions.
Direct shipment: an extra step for extra results
We are happy to go the extra step for our customers. Even if we have to look for extra warehouse capacity for this. For one of our Personal Care customers, we are therefore investigating whether we can meet their need for direct shipment. Speaking: head of the Personal Care Business Office, Frits Franssen.