What is Amazon VAT?
VAT is the abbreviation of the EU's tax system (Value Added Tax), that is, consumption value-added tax, which is a tax levied by customs on goods, freight, insurance and other fees.
Generally, three types of taxes need to be paid when conducting import and export trade with EU countries: import tax (refundable) + import tariff (non-refundable) + value-added tax (VAT). In the past, platforms like eBay and Amazon did not need to pay VAT because they sent items in the form of small mail parcels, thus omitting the complicated process of VAT.
But since 2017, the European Union has sued Amazon, so that Amazon's European sites have successively required the registration of VAT numbers and the timely payment of VAT, otherwise the account will be blocked. Therefore, Amazon’s European sites now all have to pay VAT.
How to register for a VAT number?
Generally speaking, the entire registration cost is relatively high. Subsequent new accounts can register a UK tax number and ship the goods to the UK without pan-European shipping. Instead, the goods can be shipped directly from the UK warehouse to buyers in Germany, France, Italy, and Spain. If the sales volume is small, you can avoid registering tax numbers in other countries.
The following information is required for UK VAT registration:
Legal person's name, mobile phone number, email address, company business license, legal person ID card, sales product categories, expected sales in the next year (pounds). Relevant documents include: passport, driver's license, ID card scan (choose one from three); loan certificate (mortgage), lease contract, birth certificate, marriage certificate, court-related certificates (judgments, subpoenas, etc.), labor contract (must include date of birth and tax number) scan (choose two from five).
The above is the relevant information about Amazon VAT in this issue. If you want to get more knowledge about Amazon VAT, please continue to pay attention!
