VAT in Europe - News

Luxembourg VAT rates update as of January 1, 2024

Date26 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

Luxembourg, a small country in the center of Europe, has attracted e-commerce attention for years thanks to its friendly tax regulations. In 2024, there was a return to the previously applicable rate, which was temporarily […]

VAT settlement abroad – key aspects for e-commerce sellers

Date25 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

Accounting for VAT abroad is becoming increasingly common with the growing popularity of e-commerce in the international arena. For e-commerce entrepreneurs, the need to properly settle VAT in transactions with customers outside the country is […]

Poland’s VAT rate change on food from April 1, 2024: Impact on e-commerce

Date22 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

The Ministry of Finance recently announced a decision to raise the VAT rate on basic food products from April 1, 2024. Instead of the previous zero VAT rate, which had been in effect since February […]

VAT registration in Slovakia for e-commerce sector – key issues for online entrepreneurs

Date21 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

In the dynamic world of e-commerce, access to international markets has become an integral element of many entrepreneurs’ strategies. Slovakia, as an integral part of the European business landscape, offers attractive opportunities for the e-commerce […]

Benefits of registering for local VAT abroad for e-commerce companies

Date20 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

With the global growth of e-commerce, more and more companies are choosing to sell their products abroad. One important step they can take is to register for local VAT in the country to which they […]

VAT Registration in Spain - key steps and information for the e-commerce sector

VAT registration in Spain for the e-commerce sector – key steps and information

Date19 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

The expansion of e-commerce opens up global markets for entrepreneurs, facilitating the expansion into new territories and reaching a wide range of customers. However, one of the key aspects of expanding business is understanding and […]

Intrastat in Bulgaria - increase of thresholds in 2024

Increase of INTRASTAT thresholds in Bulgaria in 2024

Date18 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

Bulgaria, a country with a rapidly growing economy and a member of the European Union, has made changes to Intrastat thresholds starting in 2024. In line with EU Regulation 2019/2152 and a desire to reduce […]

Estonia’s VAT rate increase in 2024

Date15 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

Driven by the need for national security and aiming for a balanced budget, Estonia has reformed its tax system. One of the key changes is the increase in the VAT rate from 20% to 22%, […]

Changes to impost and exports value thresholds in the Intrastat system for the Czech Republic

Changes to import and export value thresholds in the INTRASTAT system for the Czech Republic

Date13 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

As of Jan. 1, 2024, new regulations went into effect in the Czech Republic to increase import and export value thresholds, which were approved by the government in order to streamline the INTRASTAT trade statistics […]

Intra-Community VAT number (EU VAT) and how to check it

Date12 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

In today’s e-commerce environment, where businesses operate internationally, transactions across national borders are inevitable. In such a context, knowing the procedure for checking the intra-Community VAT number (EU VAT) is crucial for e-commerce sellers operating […]

New VAT rates in Switzerland from 1 January 2024

Date08 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

VAT rates in Switzerland have undergone major changes, with businesses and consumers having to comply with the new tax rules from 1 January 2024. The country is famous for its developed banking infrastructure and extensive […]

Changes in VAT Czech Republic coming into effect from 1 January 2024

Date06 Mar 2024

CategoryVAT Compliance, VAT OSS and Export

Changes to the VAT tax regime in the Czech Republic from 1 January 2024 have a significant impact on e-commerce entrepreneurs. This market, which is also increasingly attractive to Polish online sellers, requires special attention […]

Advantages and disadvantages of automating VAT invoices in the accounting process for Amazon sellers (Amazon Automated Invoicing)

Date05 Mar 2024

CategoryE-commerce accounting

Amazon Automated Invoicing is a service for Amazon sellers so that they don’t have to issue invoices themselves after each completed order. Amazon sends them to customers itself. This has revolutionized the way online sellers […]

VAT deregistration and VAT deduction: What does it mean for e-commerce taxpayers?

Date29 Feb 2024

CategoryVAT Compliance, VAT OSS and Export

The Act of March 11, 2004, on Goods and Services Tax (VAT) provides for circumstances under which an active taxpayer may be deregistered and subsequently reinstated in the VAT register. What does this mean for […]

Companies from the UK and sales to the EU – tax settlements for e-commerce businesses

Date26 Feb 2024

CategoryVAT Compliance, VAT OSS and Export

Sales from the United Kingdom to European Union countries in the e-commerce industry. After Brexit, which signifies the United Kingdom’s departure from the European Union, regulations regarding trade exchange and the sale of goods to […]

Latest information on VAT registration procedure in Germany

Date20 Feb 2024

CategoryE-commerce accounting

Every e-commerce company planning to expand into foreign markets must be aware that this involve fulfilling tax obligations, which can significantly vary depending on the country in which online stores operate or to which they […]

Does accounting for e-commerce require industry knowledge? Challenges and traps for online sellers and their accountants

Date15 Feb 2024

CategoryE-commerce accounting

In today’s business landscape, e-commerce is becoming increasingly dynamic and competitive. For companies operating in this industry, maintaining effective accounting practices can pose a challenge due to the specificity of sales transactions and the diversity […]

VAT Compliance for e-commerce | amavat

Date02 Feb 2024

CategoryVAT Compliance, VAT OSS and Export

VAT Compliance for e-commerce sellers – accurately manage VAT across the EU. E-commerce is one of the fastest-growing industries worldwide. Online stores are attracting an increasing number of customers each year. However, to keep up […]