Assignment of assets
Definition of Asset Transfer
"Assignment of assets" is to transfer the right to dispose of tangible assets. "Assignment of assets" is to sell goods in Japan (one member country). Exporting goods does not apply to this.
Therefore, exporting machinery owned by a company in Japan from company A in Japan to company B in Germany is not a transfer of assets, there is no need to tax the value added tax of Germany .
In the case of the transfer of assets, it is necessary to tax the VAT of the member country to which the asset was transferred and pay tax.
[Case B] Assignment of assets
When Japanese company A delivers machinery to German company B, he purchased a machine owned by another German company C and sold it to B after obtaining the right to dispose of the machine. In this case, Japanese company A got asset transfer in Germany, and A needs to acquire VAT number in Germany. Also, on the invoice between A and B, it is necessary to request German VAT. (In some Member countries, it is not as stated above)
