E-commerce or Ecommerce no mather how you write it, but is very nice for companies to sell at foreign markets without moving there. A good working webshop will bring you al the turnover and you just have to ship… That is it when you stay below the VAT treshold. As soon as you exceed this than a real problem can appear. You have to pay VAT in your own country and in the country you are selling in. This is not correct what you are thinking after reading this. Actually when you exceed the treshold you have to pay in the country that you are selling in. But you didn’t so you paid the VAT to your country of origin. But the government of the country you are selling in can do a check on you. So they will charge you the missed VAT and you will get a penalty. And than you have to get back the VAT from your government in the country of origin. So instead of making money you are losing money. Also companies selling via platforms like Amazon and Alibaba.
How to avoid this?
Where can you find one?
Regards, John Baker
More information: www.rmboulanger.co.uk