50 likes | 176 Views
The value added tax (VAT) is an indirect tax which has to be paid in all European countries whereas the rate of taxation differs from country to country.<br>
E N D
Getting VAT Right Is Very Important And Essential For Increasing Your Sales.
Amazon sellers which are operating within the European Union might have to apply for a VAT number (EU-companies) or a tax number (non-EU-companies) for their business in other European countries.
Value-Added Tax (VAT) & Registration • The value added tax (VAT) is an indirect tax which has to be paid in all European countries whereas the rate of taxation differs from country to country.
Since we are talking about an indirect tax, the VAT does not reduce the income of a company because it is paid by the final consumers. However, it is you who has to pay it for the moment when importing your goods to Europe – the Import VAT. Therefore, the prevailing countries will expect you to get a European VAT registration number so the local VAT is paid.
For more detail about vat registration procedure visit https://fba-hero.com/value-added-tax-vat-registration/