VAT in Europe - News

Expansion directions for cross-border e-commerce: France

Date16 Aug 2024

Just under a 2.5-hour flight separates us from a stroll along the Seine, a visit to the Louvre, or an exciting evening at the Moulin Rouge. However, France, the focus of this discussion, should be […]

How to develop e-commerce sales in Germany: Online store vs. marketplace

Date14 Aug 2024

CategoryE-commerce

Expanding into the German market is a step that can bring many benefits to Polish entrepreneurs. Germany, as one of the wealthiest countries in Europe, offers enormous potential for online stores and marketplace sellers. This […]

Inventory management in online stores: Why is it important?

Inventory management in online stores: How to ensure accuracy and efficiency

Date13 Aug 2024

CategoryE-commerce accounting

Every online store, like traditional brick-and-mortar stores, must conduct inventory, also known as stocktaking or physical inventory. This is not only a legal requirement but also a crucial part of managing a company’s resources. Inventory […]

E-invoicing in Spain: Upcoming changes and how to prepare for them

Date12 Aug 2024

CategoryE-commerce accounting

Spain is one of the European Union countries actively working on implementing mandatory e-invoicing. Although e-invoicing has been mandatory for transactions with public entities over 5000 euros since 2015, similar requirements are planned for B2B […]

New VAT rate in Finland from September 1, 2024

Date09 Aug 2024

CategoryVAT Compliance, VAT OSS and Export

Starting September 1, 2024, Finland will implement a change in the standard VAT rate, increasing it from 24% to 25.5%. This change directly affects e-commerce sellers, who must adjust to the new regulations to remain […]

Harmonization of VAT in the EU: Impact on e-commerce

Harmonization of VAT in the EU: Evolution, current challenges, and impact on e-commerce businesses

Date08 Aug 2024

CategoryVAT Compliance, VAT OSS and Export

The harmonization of Value Added Tax (VAT) in the European Union (EU) is a key process for integrating the internal market, aimed at eliminating trade barriers between member states. This process, initiated several decades ago, […]

Amazon warehouses: The future of delivery and transportation (Amazon Logistics)

Date07 Aug 2024

CategoryE-commerce

Ordering on Amazon is simple – just one click and the package starts its journey to the customer. However, before the shipment appears at our doorstep, it must travel a long way. Order fulfillment is […]

Automation of accounting in e-commerce: A competitive advantage for online retailers

Date06 Aug 2024

CategoryE-commerce accounting

In the era of rapid growth in the e-commerce sector, accounting automation becomes an indispensable element of effective financial management for online stores. Modern accounting software not only replaces the work of numerous human teams […]

Rules for VAT refund from Germany

Date05 Aug 2024

CategoryVAT Compliance, VAT OSS and Export

A VAT refund from Germany is an essential aspect for entrepreneurs making purchases in this country. This process is regulated by the Council Directive 2008/9/EC of 12 February 2008, which lays down the detailed rules […]

E-invoicing in France: A guide to upcoming obligations

Date02 Aug 2024

CategoryE-commerce accounting

E-invoicing, or electronic invoicing, is the process of issuing, sending, and receiving invoices in electronic format. In France, the introduction of mandatory e-invoices for B2B (business-to-business) transactions is part of a broader initiative to modernize […]

Amazon Web Services (AWS): How cloud data processing is changing e-commerce?

Date01 Aug 2024

CategoryE-commerce

Amazon Web Services (AWS) isn’t just a cloud platform but a revolution in how companies conduct their e-commerce operations. With AWS, enterprises can leverage advanced technologies without investing in IT infrastructure. The platform offers a […]

VAT in the EU: Which countries have the lowest and highest rates and what is their significance for the e-commerce market?

Date31 Jul 2024

CategoryVAT Compliance, VAT OSS and Export

Value Added Tax (VAT) plays a crucial role in the tax systems of European Union (EU) countries, influencing the prices of goods and services. For e-commerce sellers, understanding and tracking VAT rates is particularly important […]

The most popular marketplaces in Germany

Date30 Jul 2024

CategoryE-commerce

The German e-commerce market is experiencing dynamic growth, attracting an increasing number of consumers and sellers. This growth leads to an increase in the number of transactions and opens new opportunities for entrepreneurs in the […]

E-invoicing in Austria: Transformations in the digital space

Date29 Jul 2024

CategoryE-commerce accounting

E-invoicing, as a key element of digital transformation, is significantly reshaping the landscape of invoice management in both the public and private sectors in Austria. From the mandatory implementation of e-invoicing in public procurement (B2G) […]

VAT Compliance in international expansion: Practical tips

Date26 Jul 2024

CategoryVAT Compliance, VAT OSS and Export

International expansion can open new horizons for companies, but it also presents complex challenges related to compliance with diverse tax regulations. One key aspect requiring attention during international expansion is ensuring compliance with local Value […]

Spain extends zero VAT rate on essential food items

Date25 Jul 2024

CategoryVAT Compliance, VAT OSS and Export

In response to rising living costs and to support consumers, the Spanish government has announced the extension of the zero VAT rate on essential food items until September 30, 2024. This measure, enacted by Royal […]

Financial audit in e-commerce: Ways to improve profitability

Date24 Jul 2024

CategoryE-commerce accounting

In the era of digitalization, running an online store has become one of the most popular ways to do business. However, merely having an e-store does not guarantee financial success. The key to achieving profitability […]

VAT regulations in the EU: What you need to know?

Date23 Jul 2024

CategoryVAT Compliance, VAT OSS and Export

Value Added Tax, commonly known as VAT, is a widely used consumption tax within the European Union. Its primary purpose is to burden the final consumer rather than businesses, although businesses are responsible for its […]