VAT Alert on the EUDR Deforestation Regulation

Andersen’s European VAT and Customs specialists have conducted an in-depth review of the newly implemented Regulation on Deforestation-free products (EUDR). This essential regulation imposes strict requirements on goods traded both locally and internationally, concentrating on enterprises connected to deforestation and forest degradation. Non-adherence to these rules could result in significant financial penalties.

To reduce exposure to risks, stakeholders are encouraged to commence preparations immediately. Andersen’s knowledgeable experts are available to support the development of comprehensive compliance strategies, ensuring that businesses remain proactive in addressing regulatory challenges.

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