Full understanding of German VAT for eCommerce sellers
For eCommerce sellers, expansion is key to success. If you are currently planning to increase your reach to Germany, then understanding how German VAT works for eCommerce sellers liike you is crucial. Germany is an excellent place to increase your market presence after all. Continue watching this video to know the necessary knowledge about the German VAT system.
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Timestamps:
0:00 - Intro
0:30 - ECommerce Sellers
0:48 - Introduction to the Topic
1:08 - #1 All imported goods are subject to VAT
2:13 - #2 There is a minimum threshold for German VAT
3:11 - #3 You must be registered for VAT
4:57 - #4 Fiscal representation is optional
5:44 - #5 VAT registration can be with one EU State only
6:53 - #6 Standard VAT rate is above 15%
7:53 - #7 Know your VAT obligations
10:40 - Frequently Asked Questions
12:12 - Summary
12:39 - Outro
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