VAT Registrations – Made Simple
EU Based Online Retailers
Selling goods online to customers in other European countries will require compulsory VAT registration if your sales exceed certain VAT Registration Thresholds which differ from country to country.
Non-EU Based Online Retailers
If you are based outside the EU, you can elect whether you or your customer is the ‘importer of record’ [who the importer of the goods actually is and therefore who is responsible for the import charges]. If you make your customer the ‘importer of record’, your customer will be responsible for all import charges relating to the purchase. Many sellers experience large volumes of returns when shocked customers refuse to take delivery of their purchases because of unexpected import charges applied on the delivery of their item.
If you choose to be the ‘importer of record’ as the seller, rather than your customer, you should VAT register in the first European country where your goods land. Thereafter, selling into Europe will be subject to the same distance selling VAT Registration Thresholds as those companies already based in Europe.
The non-EU online retailers who are voluntarily registering for VAT, experience a big fall in returns and give their customers a much better buying experience.
Non-compliance for any online retailer can lead to penalties and fines.
SIMPLYVAT.com can provide you with a VAT registration in any relevant country.
If your sales fall below the registration threshold or you cease to trade in that country you can deregister. SIMPLYVAT.com will process the deregistration for you.
On-going VAT Compliance– Made Simple
Once VAT registered, there are periodic VAT data requirements necessary to fulfil local tax authority criteria.
SIMPLYVAT.com helps you by collating the required data from you and submitting it on your behalf in the relevant local language.
An Intrastat is a statistical return is used by European governments to collect information on the movement of goods between EU countries. They only want this information when sales reach or exceed set Intrastat Reporting Thresholds (which differ from VAT Registration Thresholds). Non-compliance is a criminal offence. SIMPLYVAT.com can help you meet your mandatory obligations.
SIMPLYVAT.com international VAT compliance processes helps you grow your businesses:
Your goods are approved by the local tax authorities
Your goods get to your customers on time and on budget
Your customers pay no extra import charges
Your business cash-flow remains assured
Your business avoids any potential regulatory penalties and fines
Your compliant global reach increases your selling opportunities