vat

Hi! I set up an Irish limited company to manage my e-commerce operations across Europe. I already have VAT numbers in the UK, France, Germany, Italy, and Spain, but I’m struggling to obtain an Irish VAT number. The issue is that Irish authorities require a physical presence in Ireland, which I...

Hey guys, I want to start selling in the EU. I have a HK company. And I'm dropshipping the product directly from China. Do I need to pay any VAT? If so can someone explain it to me, please? Thanks!

Hey guys, I've been engaged in dropshipping from China to Germany, and I've had a successful first year. Currently, my company is registered in Germany, and the good news is that in the first year, I had the option to be exempt from paying the 19% VAT, so I didn't have to pay it. However...

Hello, I am trying to optimise my business and reduce the tax burden as much as possible. Your help would be most appreciated. My company is registered in the UK and I have a UK residence. My company is selling online services and digital products and it's trading for just shy of £85,000 a...

Hi all - I am a European resident, let say, in Spain. I own a USA LLC incorporated in Delaware and I elected that it would be taxed as a C-corp. I work with companies all over the world. When these companies are based outside Europe, then no problem. Now, let say, one of my client is a...

Hello Everyone, I have a french friend (who lives in France) who wanted to buy an american car from a polish importer. He wanted to know how to reduce taxes and maybe there is a solution like the following : 1) create a company in Estonia 2) open the company bank account (in the same...

#USA #EU #VAT Hi, I founded a tech company in Estonia. We operating international website where users can buy contents (pictures & videos). If i have company with residence in Estonia (EU) but customer from USA and make a (B2C) purchase on my website, do i have to pay VAT to USA? (Based on...

When you make a purchase from Europe they do not charge VAT, how is this possible? All sellers submit their invoices to their tax agencies with fiverr as a customer, so the scheme would be: customer buys from fiver, fiver buys from seller. According to this model fiverr should be obliged to...

I do dropshipping, the products come from suppliers in China to various countries in and outside Europe. I have a company in the Free Zone of Madeira, Portugal and I am Portuguese. This company pays only 5% profit tax. Now, with the change of VAT on sales to the EU, the solution to pay as...

I was looking for an alternative to US LLC, and I found UK LLP interesting. I don't need asset protection or anonymity, and it's cheap and easy to maintain for 0% tax with good banking options. The other day I tried to open an account at OnlyFans to understand why it was so successful, when I...

Hello all, We are considering opening a Delaware company but before we do we would like to gather some more information regarding tax and what needs to be visible on an invoice hence what to collect from customers. Of course, we will engage lawyers and accountants when the time is near...

First of all, you guys are awesome! Thank you for the invaluable gems scattered around here. I am conducting ecommerce in the UK and I am concerned with taxes and VAT. The tax rates are so high I am considering other options (I.e. an offshore company or relocating etc) 1. What will be the...

Hi, before I check with my lawyer, I what to ask you for your opinion and maybe also practical experience/hassles with the following setup: I do with a partner EU dropshipping with an HK Ltd. We are both EU passport holders but have non-EU residences in southeast Asia. That means also that we...

Hi guys, First of all, I am very happy for being here. I have got two questions to you and these are connected to each other. So let us face it! :D My 1st question is the following: If I create an offshore company (e.g. in Deleware, Florida or Hong Kong), have I got to pay for the VAT in my...

Hi I have a dropshipping shop. I buy from China for EU base customers. My cost is a 50 EUR My sale is a 100 EUR Profit is a 50 EUR. So i should pay 20% Vat from my profit or from sales price?