VAT Compliance in Europe
Distance selling or E-commerce is the way to expand your business. But is your company VAT compliant? VAT compliance is an issue that many SME’s don’t think of. They want to grow in the fastest way. You have to bea ware of the VAT tresholds. This is not only for companies from abroad, but also ‘domestic’ based companies. Each country in Europe has its own VAT treshold, but once you exceed they are very willing to give you a penalty. Even when you sell via salesplatforms like Amazon or Alibaba. These platforms help you to sell, but not to pay your local VAT. When you are Lucky they will tell you to talk with the experts of RM Boulanger. You found this article so you are Lucky, because I can tell you where to go. You can ask RM Boulanger in the UK, because the have a network throughout Europe. Also in Switzerland and Norway, so you are well informed now. They are also able to advice what countries you can skip. Because the treshold is different in most of the countries. Companies selling via Amazon are panicking now, because they where mostly selling via the low VAT rate in Luxembourg. The EU has passed a new law which says that you have to pay VAT in the country that you are selling in. Amazon is not solving this problem for them, so Amazon tells them where to go. In real live they forget to mention one of the best companies in Europe to help and thats RM Boulanger (RMB).
In is not in the interest of Amazon to help solving the problem. They online provide a sales platform, but it would be fair that advice you to talk with RMB. They have a VAT compliance hub in the heart of Europe where al the experts are concentrated. That makes it is easy for you because you have a single point of contact for the whole EU. Beside that RMB provides a local Phone number in your country. So there is no treshold to contact this service oriented company. And of course even you are not selling via Amazon you can also contact RMB directly. This company works very efficiënt with a team of focused and dedicated experts. Another thing to think of is your EORI-number. To apply for a registration you can also hire RM Boulanger.
You can find more inforrmation about VAT compliance, tresholds, e-commerce, distance selling and fiscal representation on: www.rmboulanger.uk