VAT for Amazon FBA Europe Explained

👉 Mention ORANGE KLIK and this video when contacting SimplyVAT: https://oklik.co/simplyvat Dealing with VAT (Value Added Tax) when selling on Amazon FBA Europe is something that most sellers struggle with. In this webinar, a VAT expert Alex Wyatt answers the most common questions about registering and paying the tax and shares things that Amazon sellers should know. ______________ 🔶 Resources mentioned in the video: ☑️ TRANSFERWISE - transfer money online: https://oklik.co/transferwise ☑️ Sign up for PAYONEER and get $100: https://register.payoneer.com/orangek... ______________ 🎬 Other related videos: ▶️ Interview with PAYONEER - Complete Payment Solution for E-Commerce Business:    • Payoneer - Complete Payment Solution for E...   ▶️ Easily Expand Amazon FBA Business to Europe - No more Taxes, Bureaucracy, Suspensions:    • Expand Amazon FBA Business to Europe - No ...   👉 More interviews with Amazon experts: https://orangeklik.com/ 🤝 JOIN Amazon sellers community on Slack: https://orangeklik.com/club/ ______________ 🔶 Topics covered in the video: ➤ 00:00 Intro to VAT for Amazon FBA ➤ 00:36 About Alex Wyatt and SimplyVAT ➤ 01:18 General VAT overview for different European countries ➤ 04:16 How does Brexit affect VAT for Amazon sellers ➤ 06:03 What do US sellers need to know when selling in Europe ➤ 08:44 PAN EU program explained ➤ 11:09 Austrian VAT registration ➤ 13:22 Consequences of not complying with VAT ➤ 16:38 Does a US seller who sells in the EU have to pay taxes on a product upon arrival or when a product is sold? ➤ 22:30 Money transfer service to use ➤ 25:33 Is VAT that you need to pay should be calculated from the total listing price or from the amount that Amazon transfers to you? ➤ 28:30 Does SimplyVAT assign a specific person to a client? Are they based in the EU? ➤ 29:25 VAT invoices ➤ 35:30 Customs clearance service for Foreign Importers of Record? ➤ 35:52 Tax rates in different countries ➤ 39:19 Experience in dealing with Amazon VAT service ➤ 41:26 How many times VAT can be added? ➤ 43:52 Is VAT calculated after customs duties? ➤ 45:52 Does SimplyVAT cover the Singapore marketplace? ➤ 46:47 Pricing of SimplyVAT service ➤ 48:52 Returned goods that arrive to the country without a VAT number ➤ 51:37 Does SimplyVAT fills and delivers VAT declarations to the authorities as a representative or do clients need to do that themselves? ➤ 53:02 After the Brexit, will Amazon be collecting VAT from the customers when they buy a product? If so, will Amazon be paying VAT to the authorities on behalf of the sellers? ➤ 55:49 Brexit and 2021 changes - EU VAT reform in 2021 ➤ 1:00:15 Contact Alex ______________ 🔶 About ALEX WYATT Alex Wyatt is the Head of the Business Development team at SimplyVAT.com. With a background in marketing, she has extensive knowledge of the e-commerce industry and is passionate about helping businesses succeed internationally and compliantly. She has previously spoken at international conferences about the European e-commerce market and the importance of VAT compliance whilst trading internationally. ______________ 🔶 About SIMPLYVAT SimplyVAT provides international VAT compliance, registration & return services for eCommerce businesses. It can help you register for VAT in all 27 EU member states, the UK, Canada, Australia, and New Zealand and makes sure you stay compliant as you grow your business and venture into new markets, fills VAT returns for you and guides you through complex VAT scenarios. 🧡 Mention ORANGE KLIK and this video when contacting SimplyVAT: https://oklik.co/simplyvat ______________ 🔶 About AUGUSTAS KLIGYS Known in the business simply as the “Amazon Summits Guy”, Augustas is committed to providing others with the opportunity to achieve success by offering powerfully informative expert sessions and guides to becoming a top Amazon seller. He has recorded over 400 sessions with Amazon industry leaders, experts and speakers. Augustas is also the founder of Orange Klik Company and the following in-person events for Amazon sellers: European Seller Conference, Seller Fest and PPC Congress. ______________ 🔶 About ORANGE KLIK Orange Klik connects Amazon FBA private label sellers with leading industry experts to help you turn your online business into a massive success. No matter if you are a beginner, still figuring out how to make money online, or an advanced Amazon seller with a strong experience in eCommerce, on this channel you will find up-to-date tips and expert recommendations for sellers of all levels of experience. Subscribe to Orange Klik channel: https://oklik.co/subscribe #AmazonFBA #AmazonEurope #AmazonVAT