VAT in Europe - News

Filing VAT returns

Date18 Oct 2024

CategoryVAT Compliance, VAT OSS and Export

One of the key responsibilities for businesses regarding VAT is the submission of VAT returns, which form the basis for settlements with tax authorities. These returns must include detailed information about sales and purchase transactions, […]

Effective selling on Amazon without FBA: Opportunities and possibilities

Date17 Oct 2024

CategoryE-commerce

Have you ever considered selling on Amazon without FBA? This solution is entirely feasible and can be a viable option for many sellers. The main advantage is greater control over the order fulfillment process and […]

Intrastat in Greece: What you need to know

Date16 Oct 2024

CategoryVAT Compliance, VAT OSS and Export

Intrastat is a system for reporting trade statistics within the European Union. Its main purpose is to collect data on the movement of goods between EU member states. The obligation to submit Intrastat declarations applies […]

Budget in e-commerce: The key to effective financial management for online stores

Date15 Oct 2024

CategoryE-commerce accounting

Budgeting forms the foundation of any e-commerce business, from small enterprises to online market giants. In a rapidly growing industry, effective financial management not only maintains liquidity but also helps achieve business goals and foster […]

E-commerce: What is it and how does it work?

Date14 Oct 2024

CategoryE-commerce

E-commerce, also known as electronic commerce, refers to the buying and selling of goods and services over the internet. It covers a variety of commercial transactions that are carried out remotely, without the need for […]

VAT in Greece: Rules and rates

Date11 Oct 2024

CategoryVAT Compliance, VAT OSS and Export

The Value Added Tax (VAT) is one of the key components of the tax system in Greece. While VAT applies across all EU countries, Greece stands out with one of the highest VAT rates in […]

Bol attracts sellers from the EU: New online sales opportunities in the Netherlands and Belgium

Date10 Oct 2024

CategoryE-commerce

The Dutch marketplace platform Bol, a leader in the e-commerce market in the Netherlands and Belgium, is opening up wider to sellers from across the European Union. This dynamic move by Bol is a response […]

Handling returns and complaints in an online store: How to effectively manage the process in e-commerce?

Date09 Oct 2024

CategoryE-commerce accounting

Returns and complaints are an inevitable part of e-commerce. In today’s competitive online market, entrepreneurs must not only focus on acquiring new customers but also on effectively managing after-sales processes. Proper handling of returns and […]

One Fulfillment by Allegro: Comprehensive logistics service for e-commerce

Date08 Oct 2024

CategoryE-commerce

One Fulfillment is a logistics service created by Allegro, aimed at e-commerce sellers. It allows entrepreneurs to focus on growing their business while leaving storage, packaging, and shipping to professionals. This service is available for […]

VAT returns in the EU: 10 most common mistakes in the e-commerce industry

Date07 Oct 2024

CategoryVAT Compliance, VAT OSS and Export

VAT return is one of the most important responsibilities for entrepreneurs, including those in the e-commerce sector. Properly managing VAT returns not only protects the company from penalties but also allows for more effective financial […]

amavat® joins e-Chamber: Expanding activities in e-commerce and cross-border

Date04 Oct 2024

Categoryamavat Announcement - news

We are pleased to announce that amavat® has joined the Chamber of Digital Economy (e-Chamber). Our presence in this organization marks a step towards active participation in the rapidly growing areas of e-commerce and cross-border […]

Simplified or full accounting for e-commerce? How to make the right choice for your business

Date03 Oct 2024

CategoryE-commerce accounting

Owners of e-commerce businesses and individuals selling products on platforms like Amazon, Allegro, or Etsy must decide which accounting system to choose — simplified or full. This decision is crucial for managing a company’s finances […]

Amazon launches Export Central: A new tool supporting sellers in expanding to European markets

Date01 Oct 2024

CategoryE-commerce

Amazon is continuously enhancing its tools to help sellers reach international customers. The latest step in this direction is the introduction of Export Central, a tool that allows sellers to expand their business to 39 […]

Intrastat in Ireland: Practical information for businesses

Date30 Sep 2024

CategoryVAT Compliance, VAT OSS and Export

Intrastat is a system for collecting data on internal trade between European Union countries. In Ireland, the responsibility for receiving and processing Intrastat declarations lies with the VIMA office, which is part of the Irish […]

Automate your VAT processes: Integration of Baselinker with the amavat® application

Date27 Sep 2024

Categoryamavat Announcement - news

The integration of the amavat® application with Baselinker is a key solution for e-commerce businesses looking to automate accounting and VAT processes. Baselinker, as a platform that enables managing multiple sales channels in one place, […]

Accounting for e-commerce: B2B vs. B2C – Key differences

Date26 Sep 2024

CategoryE-commerce accounting

E-commerce as a rapidly evolving sector, attracts businesses with various models. Two of the most prominent are B2B (business-to-business) and B2C (business-to-consumer), which differ not only in sales strategies but also in accounting and financial […]

Intrastat Hungary: Who is affected and what are the obligations?

Intrastat in Hungary: Who is affected and what are the obligations?

Date23 Sep 2024

CategoryVAT Compliance, VAT OSS and Export

In Hungary, the Central Statistical Office (Központi Statisztikai Hivatal, KSH) is responsible for managing and overseeing the Intrastat system. This article outlines the process for submitting Intrastat declarations in Hungary, the reporting thresholds, and the […]

Digital bookkeeping and e-invoicing in Denmark: New guidelines and requirements

Date20 Sep 2024

CategoryE-commerce accounting

In Denmark, digital bookkeeping is becoming a mandatory element of financial management for commercial enterprises. The changes in regulations aim to simplify accounting processes, increase transparency, and enhance financial control. According to the Danish Bookkeeping […]