Equipment leasing
Under the closed-end finance leasing, the lessee undertakes to acquire ownership over the asset in the end of the leasing contract. The total value of the asset is invoiced at the time of its delivery and acceptance.
The client has an option to deduct input VAT as per the invoice but pays VAT to UniCredit Leasing AD on a deferred basis, as part of the monthly instalments. VAT is not charged on interest. Interest is calculated on the basis of the net loan with VAT. The asset, object of leasing, is legally owned by the lessor but, in terms of accounting, it is booked and depreciated on the balance sheet of the lessee.
| New assets | Used assets | |
|---|---|---|
| Leasing contract term | From 6 to 60 months | From 6 to 48 months |
| Residue value | None | None |
| Minimum initial instalment (of the supply price with VAT included) | 20% | 25% |
| Management fee | from 1% to 2% (depending of turnover) | |
This offer is valid only for legal entities.