How much is the VAT fee for the European site? What is the VAT fee for Amazon's European site?

How much is the VAT fee for the European site? What is the VAT fee for Amazon's European site?

Now, when doing cross-border e-commerce in Europe, you have to face a problem, that is, the VAT problem. Many merchants do not understand VAT because there is no such thing in China. So when doing cross-border e-commerce in Europe, many people are asking, how much is the VAT fee in Europe?

How much does a VAT in Europe cost?

UK VAT registration fee: official time is 4-6 weeks (the fastest is two working days, the slowest is 6 weeks, the actual time is an average of 7-12 working days, depending on the efficiency of the tax bureau), the registration fee is RMB (annual package price).

German VAT registration fee: German VAT tax returns are required 13 times a year (monthly: 12 times; annual: 1 time), and the fee is 23,380 yuan;

French VAT registration fee: French VAT registration takes 4-8 weeks and costs 28,230 yuan;

Italian VAT registration fee: Italian VAT registration takes 4-8 weeks and costs 28,230 yuan;

Spanish VAT registration fee: Spanish VAT registration takes 2-3 weeks and costs 21,380 yuan, but does not include registration on VIES;

What is Amazon Europe VAT?

The European Union imposes VAT on all goods and services throughout the EU. It is also known as a transaction tax, which is paid every time value is generated. This includes material suppliers, wholesalers, retailers, and consumers. This tax is highly valued and paid attention to by local tax authorities because it can generate revenue for the government.

The EU tax authorities are keen on finding non-compliant online merchants. In addition, the EU is constantly making new legislation, which makes online sellers have to pay attention. Sellers need to know that as long as they sell goods on Amazon, they need to pay VAT. If they do not pay VAT, once discovered, they will have no right or qualification to defend themselves.

If sellers do not understand VAT or fail to calculate it correctly, it will have a huge impact on the seller. The tax authorities will impose corresponding penalties and charge interest for late payment of VAT, which can be as high as 400% of the VAT owed.

I have introduced the VAT fee issue of the European site. It costs about 20,000 yuan to open a VAT number, but this is only the activation fee. The money to be paid later will be paid in installments. As long as you know its billing rules, you will know whether you have paid too much.

Recommended reading:

How do I contact an Amazon account manager? What is an account manager?

What does Amazon European VAT mean? In what situations does Amazon need to register VAT?

How long does it usually take for Amazon Europe to conduct a KYC audit?

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