Oh yeah, thanks for pointing that out. The one time I'm not in a shilly mood (Christmas and all) and the post actually gets interaction. Murphy's Law!
>Any plans to add an EU or UK distribution point?
Sorta kinda maybe. I did have one, but a whole lot of VAT compliance bullshit caught up with me. In most countries, GST/VAT is handled automatically by large eCommerce platforms (if you sell something on eBay to an Aussie, for example, we'll pay 10% GST regardless of the item's physical location and the seller won't even necessarily know).
However, the EU requires every single individual business with any stock located on EU soil to register and file individually in every single country where the stock is distributed regardless of revenue. I can only assume this is to create jobs for bureaucrats.
Now that Brexit has happened and the UK's laws have changed to something sane, I'll probably get something set up over there. This will be months, though. Trying to set up a (different) startup while raising a small child means a lot of Espotek stuff gets pushed to the side!
> Now that Brexit has happened and the UK's laws have changed to something sane
Interesting perspective - in the main everything around international trade got a whole lot more complicated for us here in the UK since leaving the EU.
VAT is just as complicated as it used to be, especially if you sell into Northern Ireland. The only thing that improved is we don't have to do those bloody EU sales lists.
> However, the EU requires every single individual business with any stock located on EU soil to register and file individually in every single country where the stock is distributed regardless of revenue. I can only assume this is to create jobs for bureaucrats.
You've just misunderstood what EU was it's not a . You have to file individually in every country because they are individual countries: you wouldn't expect to file for VAT also once for all Asia, would you?
Oh yeah, thanks for pointing that out. The one time I'm not in a shilly mood (Christmas and all) and the post actually gets interaction. Murphy's Law!
>Any plans to add an EU or UK distribution point?
Sorta kinda maybe. I did have one, but a whole lot of VAT compliance bullshit caught up with me. In most countries, GST/VAT is handled automatically by large eCommerce platforms (if you sell something on eBay to an Aussie, for example, we'll pay 10% GST regardless of the item's physical location and the seller won't even necessarily know).
However, the EU requires every single individual business with any stock located on EU soil to register and file individually in every single country where the stock is distributed regardless of revenue. I can only assume this is to create jobs for bureaucrats.
Now that Brexit has happened and the UK's laws have changed to something sane, I'll probably get something set up over there. This will be months, though. Trying to set up a (different) startup while raising a small child means a lot of Espotek stuff gets pushed to the side!