Did you know that cooperative projects and programmes run by the European Defence Agency (EDA) and benefiting from EDA added-value are now eligible for VAT exemption?
This important change, which came into effect following the adoption of the revised EDA Council Decision in October 2015, benefits all participants in EDA projects and programmes and can therefore act as an important incentive for enhanced defence cooperation.
In order to provide interested parties with all the necessary details, EDA has now published a “Guide to VAT exemption” explaining all important aspects of the new measure such as its legal basis, conditions and implications, frequently asked questions as well as the practical steps which have to be followed by Member States and EDA to benefit from the exemption.
The “Guide to VAT exemption for EDA ad hoc projects and programmes” is available here.
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