In fact, no matter what platform you open a store on, we will be involved in tax issues, especially when doing cross-border e-commerce. You need to register VAT and declare it in time, otherwise it will definitely affect the operation of the store. How much does it cost to register VAT on Amazon Europe? Next, we will explain this aspect to you. 1. How much does it cost to register VAT on Amazon Europe? Nowadays, there are too many tax intermediaries in the cross-border e-commerce circle. They attract sellers to register VAT numbers with low prices, but there is no news after half a year, and some even abscond with the money. When registering Amazon VAT, cross-border sellers must choose a professional accounting firm with ACCA/FCCA qualifications, and they should not blindly pursue low prices. After all, you get what you pay for. According to the current price of German VAT registration and declaration, it is about 15,000 to 20,000. 2. How often does Amazon's European VAT report need to be submitted? Germany and France report monthly, that is, once a month; the United Kingdom and Spain report quarterly, that is, once every three months; Italy can choose to report quarterly or monthly, quarterly reporting is reported every three months, and monthly reporting is reported once a month. Amazon European VAT declaration method: After registering for a VAT number, there are two ways to apply for tax refund (import VAT) and tax payment (sales tax VAT): use the official online operating system of the UK tax department to declare by yourself and designate a regular accountant to operate on your behalf; Since European tax declaration requires very professional tax knowledge and foreign language skills, we recommend that customers entrust professional accountants to help you with tax declaration. Note: After the VAT tax number application is approved, please be sure to file a tax return once a quarter to avoid the VAT tax number being frozen by the government. If the customer does not file a VAT tax return in accordance with the law, the VAT tax number will be frozen or other legal liabilities will be borne by the customer. Amazon merchants must declare VAT in a timely manner. Failure to declare in a timely manner may result in the goods being detained, unable to clear customs, and the store's goods being unable to be sold normally. Well, today's sharing ends here. I hope this article can help you! |
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