I believe that the most important thing for friends in European sites is VAT. After each site gradually confirmed the ultimatum Should I spend so much money to open VAT? Practical issues facing European sellers As a result, when everyone was still hesitating No one noticed that the first ultimatum had expired. 2018.6.13 — Amazon UK Yesterday was the last day for Amazon UK's VAT ultimatum Tens of thousands of sellers’ accounts have been frozen Mainly sellers who did not submit tax IDs according to the ultimatum The following two situations usually lead to the following cases: One is currently being sold on Amazon UK site or Has sales record in the UK And received an ultimatum email Failure to submit tax ID number as required This situation will directly lead to the closure of the UK site store. Although the stores in other European stations will not be closed However, you will be restricted from creating FBA orders. Another one is the self-delivery seller who has sent FBA before If you do not submit your tax number, your account will be frozen due to platform regulations. Students, please pay attention All of the above freezing situations will Freeze the store and the funds in the account If you want to get your funds back, you need to provide your tax number to unfreeze your store. However, sellers who have submitted tax numbers are not completely safe. Alice encountered such a situation today A classmate told Alice I have a tax number and have been paying taxes regularly. Yesterday, I was frozen along with the rest of the group. The HMRC in this email refers to the UK tax authorities. Amazon has fully opened its backend data to HMRC This allows the tax office to retrieve Seller's sales records and send an inquiry letter to the seller They may even have the right to order Amazon to remove its sales rights. Therefore, not only the platform's emails need to be replied to in a timely manner British sellers also have to worry about being "named" by the tax authorities If you want to continue selling, please upload your tax number and reply to the email in time. If you don't want to sell anymore, sell at a discount and transfer the funds out. Don't wait until your money is frozen and you can't get it out The students at the UK site have given everyone a negative example Friends at other European sites should also be alerted Decide whether to stay or go early, and don't hesitate about what to do. Here is a reminder for our German site friends The German VAT ultimatum is Around August 31 Please refer to the email received by the store For children's shoes that still want to continue selling Alice will tell you a few more points to note besides the tax number 1. The VAT tax number entity and the Amazon store registration entity must be consistent, and the tax number registered in the name of an individual cannot be used in a store registered by a company. Once discovered, the tax number will be removed. 2. Do not synchronize the tax numbers between various European sites, otherwise the tax evasion of a certain site will affect the stores of other sites in the future. 3. After obtaining a VAT tax number, you still need to use your own tax number for customs clearance, otherwise it will bring a lot of unnecessary troubles such as losing tax rate preferences and being unable to explain the source of the goods. |
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