The value-added identification number (VAT ID number) and the tasks associated with it can be confusing and are generally a rather unpleasant topic. Find out everything you need to know in our VAT ID guide. Have fun! What is the VAT ID? The VAT number (USt.-ID/USt.-IdNr.) identifies all companies in the European Union and is essential for intra-European trade. If trade is conducted within the EU (intra-community delivery/service), a VAT ID is mandatory. ID is mandatory. In this article, you can find out when you need a VAT number, how to get one, how to validate it, and what else you need to k ..read more

The timing of VAT registration for your business is more than just a matter of convenience – it has a significant impact on your tax obligations. You may find VAT registrations confusing when you find yourself in a situation where your business activities come before your VAT registration. Here is where backdated VAT registration comes in. Businesses operating in different European countries must understand the rules and implications of backdating VAT registrations. This blog concisely examines backdated VAT registrations and filings across Europe. Having a solid understanding of these key ru ..read more

As a business engaged in transactions in Germany, understanding and managing your Value Added Tax (VAT) obligations is crucial. This comprehensive guide will walk online sellers through the process of paying VAT online in Germany, ensuring compliance with the German tax authorities. German VAT Returns Any company registered with the German tax authorities as a non-resident VAT trader must report taxable transactions through periodic filings, known as returns. Frequency of German VAT Returns The frequency of your German VAT returns depends on your annual sales turnover. Here’s how it breaks do ..read more

Expanding a business across Europe presents unique opportunities for online sellers, but it also introduces the complex landscape of Value Added Tax (VAT) compliance. In this comprehensive guide, we will explore how establishing a company in Estonia not only ensures adherence to tax regulations but also offers significant financial benefits, making it a savvy strategic choice for online sellers. Decoding VAT in the European Context As a little context for those expanding their business into Europe, VAT, or Value Added Tax, known in some regions as a goods and services tax (GST), is a consumpt ..read more

Seit Beginn 2019 sind die Betreiber von Onlinehandels-Plattformen für nicht bezahlte Umsatzsteuer haftbar. In Deutschland registrierte Verkäufer mussten den Plattformen seither die Bescheinigung nach §22f UstG vorlegen. Ab dem 1. Juli 2021 haben sich die Regeln allerdings geändert. Seitdem müssen die Betreiber über einige Informationen des Händlers verfügen, um aus der Haftung entlassen zu werden. Außerdem ist eine Umsatzsteuer-Identifikationsnummer nun Voraussetzung, die die Bescheinigung nach § 22f UStG nun ersetzt. Maximilian Gampl Last Updated on 20 Juni 2020 Was ist die Bescheinigung nach ..read more

In the ever-evolving landscape of e-commerce, understanding tax laws is crucial. The introduction of new tax regulations in 2020, including the receipt obligation, brought significant changes. For online sellers navigating these waters, understanding VAT (Value Added Tax) isn’t just a necessity—it’s a strategic advantage. This guide demystifies VAT calculations, focusing on practical insights for e-commerce businesses. Understanding VAT in E-commerce Transactions Whenever a customer purchases from your online store—be it a trendy gadget or a bespoke piece of clothing—they’re paying VAT at the ..read more

Embarking on European expansion from Turkey involves careful consideration of the VAT process, especially when opting to establish a UK company. While the European market holds immense potential, this article will focus on the VAT-related aspects of opening a UK company, providing insights into the advantages and challenges from a VAT management perspective. Why European Expansion? European expansion means going into and operating in European markets. It’s about growing your business, setting up shop, and reaching European customers. You can do this in various ways, like opening offices, partn ..read more

Please check our latest article on dropshipping If you don’t run a warehouse and don’t want to bother with shipping products to customers, dropshipping may be an option for you. This is particularly interesting for e-commerce newcomers. However, running this type of business requires some tax know-how. In this article, we explain how you can master dropshipping, profit from a specialized tax consultant, and not overlook any stumbling blocks. Does a tax consultant make sense for dropshipping? You have registered the business, a producer has been found, the samples look promising and your listin ..read more

Today, we’re sharing valuable insights from a recent discussion between two of our team members, Furkan and Demet, who play a pivotal role in guiding our Turkish customers through the VAT landscape. The Team Behind the Scenes Our conversation begins with introductions from Furkan and Demet. Furkan, a sales consultant, and Demet, an account manager, are part of our dedicated team assisting Turkish clients. Their fluency in Turkish and deep understanding of the challenges faced by Turkish online sellers in Europe set them apart, offering a unique advantage in the market. The Client Journey: Fro ..read more

Navigating the world of Amazon can be both exciting and challenging for sellers, especially when it comes to deciding between Fulfillment by Amazon (FBA) and Fulfillment by Merchant (FBM). In this article, we’ll explore the pros and cons of both FBA and FBM to help you make an informed decision based on your unique business needs. Fulfillment by Amazon (FBA) Fulfillment by Amazon is a service that allows sellers to store their products in Amazon’s fulfillment centers. When a customer places an order, Amazon picks, packs, and ships the product on behalf of the seller. Here are the key factors ..read more