France allows a consignment stock simplifications when the applicable conditions are met.
Normally, an intra-Community acquisition followed by a local sale requires a VAT registration. However, where a) these goods are stored for less than 3 months and b) the parties have a written consignment agreement in place, the VAT registration can be avoided.
For example, if a jewelry business moves stock from another EU country to a warehouse location in France, a VAT registration is not required provided these goods stay for less than 3 months in the warehouse and the parties have reached a consignment agreement. The customer will therefore make an intra-Community acquisition when the goods are withdrawn from the warehouse. This customer should also report the purchase in the ´Déclaration d´Echanges de Biens´