Good afternoon and welcome to another content corner. Thank you very much for joining me.

My name's Andy from Global E-commerce Experts and we're here to successfully expand e-commerce

sellers into the EU. Now what I wanted to talk about today was Netherlands. Now, Netherlands is a

hot topic for us. One, I'm going to the Netherlands, getting on a ferry tonight to be there tomorrow morning,

to open up our Netherlands warehouse and facility. So I'm really, really excited about that.

And with that in mind, we thought we would just touch base on some of the VAT information that

you might need surrounding that, because I think it's on topic. So here's probably the top four things

you need to know. First of all, it takes between five and 14 days to get a Netherlands VAT

to get registered and start trading. So it's quick. Second thing is there is a lower tariff

on some things down to 6%.

So food, drinks, agricultural products and some other communal common products.

VAT returns can be three types. They can be monthly, quarterly or annually.

Now, the smaller amounts you sell, the least you have to, the lower amount you have to

do your return. So if you don't sell very much, you do an annually return. If you do a lot,

you'll do a monthly return. Really is as simple and straightforward as that. But you do also get

two months to pay what's due. So in the UK, for example, it's a month and seven days. So you essentially

get almost twice as long to pay once you've told the government what you owe, which is really,

really key. And the biggest one, and the one that most of our sellers are really, really keen on,

is that you can defer your import VAT until your VAT return. So there are some, there are some

boundaries with that and you can't do that on the annual, for example, and there are some confines

of what that can be done. But really, you can apply so that your VAT is, your input VAT is deferred.

Now, as a cash flow business, that's crucial. And that can make

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