Metafrax Trading International registered a fiscal representative office in the Netherlands

In November 2020, Metafrax Trading International, a member of Metafrax Group, obtained registration in Dutch tax authorities with a VAT identification number, which is valid according to the European Commission database. KPMG MEIJBURG & CO, Eindhoven, Nederland will represent the company and accompany the tax representation.

Obtaining this status expands possibilities of trade operations with goods after customs clearance in the territory of the Netherlands both with domestic consumers and consumers from other EU member states, it provides a basis to act at FOB Rotterdam, if the product has already been customs cleared or is in free circulation in the EU (T2) due to country of origin, such as Germany and Norway.
According to the company's trader Vasiliy Mikhailov, this will enable MFTI to do customs clearance for methanol in this country, buy and sell imported customs-cleared products to/from the Netherlands and thus cover a wider range of customers.
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Metafrax Trading International is a trading subsidiary of PJSC Metafrax and is part of Metafrax Group. The company trades chemical products such as methanol, hexamine, pentaerythritol, dipentaerythritol and others. Products are transshipped in European Union countries: methanol in Finland, hexamine and pentaerythritol in Poland, pentaerythritol in the Netherlands. The company’s headquarter is in Lugano, Switzerland.

The company had revenues of €169 million in 2019.