Although this Guide does not provide professional advice, it is possible, to provide a checklist to help you prepare questions you may have for the experts.
- Do you need extra VAT registrations to continue selling?
- Do you need to appoint multiple EU Fiscal Representatives?
- Can you avoid the import VAT trap?
- Are you in the clear on VAT & goods clearance for Amazon FBA sales?
- Do you need a new VAT registration to continue selling digital services?
- Have you got UK and EU EORI numbers to clear goods?
- Have you got the right commercial terms for your customer?
- Are you ready to complete customs declarations?
- How do you pick the right commodity code?
- Are you sure you will pay the right import tariffs? Whilst most goods should be zero-rated, you will face a hefty tax bill if you do not follow the ‘rules of origin’ requirements; and your customer will have their deliveries held up.
- Do you use a .eu domain? Are you eligible to renew this? If not, what are your plans?