My VAT Direct is well prepared to help sellers with new tax challenges in the EU.
If you have been selling from the UK into mainland Europe, you will be aware there are several new challenges to work through now.
By now you will have learned and should have split your inventory by sending it to a fulfilment centre in the UK and now to a fulfilment centre in the EU, hence having sufficient stock either side of the new customs border. This change may well have VAT implications if you are only registered for VAT in the UK.
There are three things you must know:
- A VAT number is now required in any country where your goods are stored. For example, if you have inventory in the UK and Germany, you’ll be required to have a VAT number in both countries.
- If you are importing or exporting goods in the UK and now into the EU. You will most likely need a new EORI number.
- All non-EU businesses will need to appoint a VAT representative to be able to be VAT registered in many EU countries, including the UK. My VAT Direct fiscal representation services comply with the local tax authorities and can act as your fiscal representative in all required countries.
Please feel free to contact our VAT compliance team on 44 (0) 208-004-1160 in the UK, ++1 (714) 782-7000 in the USA or simply email us at query@MyVATdirect.com to answer any of your questions and how we may be able to help.
About My VAT Direct Ltd
My VAT Direct is a bespoke VAT registration, fiscal representation, calculation and filing service specifically designed to assist Amazon Sellers and e-commerce merchants who desire the benefits of cross-market selling without the worry of tax compliance in foreign markets.
My VAT Direct is comprised of knowledgeable and experienced tax experts, who for 10+ years, have helped e-commerce sellers enjoy the selling opportunities a mass market can provide.
About SMBE Direct Ltd
My VAT Direct is a subsidiary of SMBE Direct, a world reaching B2B and B2C business services conglomerate, giving rise to exceptionally talented and well-experienced professionals organised into business units, that provide direct services to SMEs and enterprise level businesses, whereby increasing their brand awareness and sales.