VAT in Europe - News

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 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 […]

Revolution in VAT management: Amazon automation with the amavat® application

Date19 Sep 2024

Categoryamavat Announcement - news

The amavat® application is a modern solution designed for efficient VAT management in e-commerce. With its advanced integration features, amavat® allows for seamless connection with various sales platforms, including Amazon. In this article, we will […]

Amazon Bestseller – What is it and why is it so important?

Date18 Sep 2024

CategoryE-commerce

Gaining customer attention and establishing a presence in the market is key to successful sales. Amazon offers numerous opportunities to increase visibility and promote products, and one of the most effective ways is by achieving […]

VAT in Malta: Rates, registration, and entrepreneurial obligations

Date17 Sep 2024

CategoryVAT Compliance, VAT OSS and Export

VAT in Malta, similar to other EU countries, is based on EU directives, but national regulations introduce some variations. These include different tax rates, specific products and services subject to VAT, and procedures related to […]

Intrastat in Croatia: Key information for entrepreneurs

Date16 Sep 2024

CategoryVAT Compliance, VAT OSS and Export

Intrastat is a statistical system that enables the monitoring of the flow of goods between European Union member states. In Croatia, as in other EU countries, this system is crucial for obtaining accurate data on […]

VAT guide for Cyprus

Date13 Sep 2024

CategoryVAT Compliance, VAT OSS and Export

Value Added Tax (VAT) is one of the fundamental elements of the tax systems in all European Union countries, including Cyprus. Although the island is often associated with a favorable tax environment, the VAT system […]

ACoS and TACoS – What are they and why should you trust TACoS?

Date12 Sep 2024

CategoryE-commerce

Have you ever wondered how to accurately measure the effectiveness of your ads on Amazon? Finding the right approach can be a challenging task. In the ever-growing e-commerce market, where competition is fierce, it’s crucial […]

Intrastat in Cyprus: Rules, obligations, and consequences

Date11 Sep 2024

CategoryVAT Compliance, VAT OSS and Export

Intrastat is a system for collecting statistical data on the trade of goods between European Union countries. It was introduced in 1993 in connection with the creation of the European single market to monitor the […]

E-invoicing in the Netherlands: Current status and prospects

Date10 Sep 2024

CategoryE-commerce accounting

E-invoicing in the Netherlands is gaining increasing importance in the context of the digitization of administrative processes and the facilitation of document exchange between businesses and public administration entities. The implementation of new regulations concerning […]

Allegro enters the Hungarian market: A new opportunity for e-commerce sellers

Date09 Sep 2024

CategoryE-commerce

Allegro, the largest e-commerce platform in Poland, will soon expand its operations to Hungary. This expansion is part of the company’s international growth strategy and opens up new opportunities for sellers looking to reach international […]