Are you already selling in Europe? Or maybe you are just planning to do so?
Keeping track of all the Value Added Tax (VAT) complications across European marketplaces is one of the biggest issues for Amazon sellers, and even for their private accountants. Some international sellers were hesitating to start selling in Amazon Europe just because they did not want to deal with all the taxes and extra costs for accountants.
Amazon has just opened up their new service called VAT Services on Amazon.
The eCommerce giant has teamed up with Avalara, which will be taking care of VAT filings for the sellers who are opting into this service.
It costs only 400€ per year to file VAT returns for one single country. And the good thing that this service can take care of all the countries where your business is required to be VAT registered. The 400€ fee also includes getting a VAT registration number for you without additional cost.
Support countries at this day: UK, Germany, France, Italy, Spain, Poland and Czech Republic.
If you still have doubts about trusting this Amazon VAT service, which looks like is totally automated, you still have other alternatives like FBA Hero and SimplyVAT. Their service will cost a bit more, but you might get a better and more personalized customer support.
Here is the original message, which was sent by Amazon to many sellers across Europe around 3rd of July, 2017:
Augustas Kligys is the host and creator of several popular virtual summits for Amazon sellers. The first one is European Private Label Summit, which covers a lot of important topics for those willing to grow their Amazon FBA business in European Marketplaces. The second - Seller Optimization Summit - was an event, where speakers shared their Amazon business optimization secrets and mindset, which helps to elevate your business to the next level. Augustas also hosts weekly DEMO MONDAYS video series, where Amazon seller tools are demoing their products.