GlossaryEN1 min readUpdated: Jun 18, 2026

Import VAT deferment account guarantee

An import VAT deferment account guarantee must be lodged with customs before an importer may begin deferring VAT obligations.

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Last updated: 18 June 2026Published: 27 January 2026

Source: https://www.zoll.de/DE/Fachthemen/Einfuhr/Einfuhrumsatzsteuer/Einfuhrsteueraufschubkonto/Einfuhrsteueraufschubkonto.html

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Logistics Concept

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Definition & Explanation

An import VAT deferment account guarantee must be lodged with customs before an importer may begin deferring VAT obligations. It comes into play at the moment the importer elects to postpone payment beyond the date of importation. The guarantee—most commonly a bank guarantee or an insurance bond—provides customs authorities with an unconditional assurance that the deferred amounts will be paid when due or can be called upon immediately in the event of default. The required guarantee amount is generally calibrated to the importer's expected monthly VAT liability. Unlike a surety bond, which involves a personal undertaking by a third party, a bank guarantee is typically an on-demand instrument payable without conditions.

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Import VAT deferment account guarantee

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Related Terms

Import VAT deferment account suspension

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ZAZ account

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