In 2017, 1.66 billion people made online purchases and e-retail sales amounted $2.3 trillion world-wide. Projections show this amount will grow up to $ 4.48 billion by 2021.
It’s clear that companies around the world are increasingly seizing the opportunities of the internet to sell their goods to new consumer bases in markets far beyond their home countries. But with new opportunities also come new challenges. As an online seller, it is important you meet your VAT obligations as part of the sales process.
When using fulfilment by Amazon (FBA) an obligation to register for VAT locally can be created. HLB has developed a cutting-edge solution called amavat® to help you guide through this process.
Using amavat®, we offer VAT compliance services in many countries. Through our global network of tax experts, we offer one point of contact in each country for online sellers with multiple VAT registration. Our goal is to limit the commercial impact of distance selling regulations on your business, while ensuring you remain fully compliant.
Learn more about amavat®
Each of the individual and independent member firms of HLB Poland have a dedicated HLB Contact Partners.
Start the conversationNovember 23rd, 2022
We would like to inform you, that as of January 1, 2021, pursuant to Art. 11o Sec. 1a and 1b of the Corporate Income Tax Act, the obligation to prepare the Transfer Pricing documentation also applies to a controlled transaction or a transaction other than a controlled transaction, if the actual owner has a place
Learn moreSeptember 23rd, 2022
The deadlines for the filing of the TPR and the statement on the preparation of local transfer pricing documentation for 2021 have been extended – thus, for companies whose financial year 2021 coincided with the calendar year, the deadline is, in principle, 30 December 2022. For entities whose financial year did not coincide with the
Learn moreApril 26th, 2022
Engaging in aid to Ukraine may benefit from several existing and newly introduced tax benefits. Although some regulations came into force in the middle of March – they are effective retroactively, i.e. from February 24, 2022…
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