Brexit Final Call | Global E-Commerce Experts - Compliance Corner

E-Commerce Expander Secrets

Andy Hooper

Business

5 • 9 Ratings

🗓️ 3 November 2020

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brexit! Yes, we know we've done the topic to death and you might think we're droning on but seriously, this is big news and a lot is about to change. We're just making sure the message is loud and clear and you all have the relevant information you need to ensure you're best prepared for upcoming changes to selling on the Amazon platform in the UK and Europe!

For any of those who may have somehow missed it, give this Content Corner a listen to hear Andy cover exactly what impacts it will have and what we are suggesting sellers do in order to keep their business thriving.

The general take away is that if you want to continue or start selling in both the UK and EU, post-Brexit, you'll now have to be VAT registered in both the UK and one EU country and have stock in the UK and at least one country in Europe.

Please make sure you act now to ensure you're not left behind on January 1st 2021.

There's plenty of further information on recent webinars/podcasts and Content Corners, so be sure to check them out if you're after more information or if you have any questions or parts you want us to clarify in future Content Corners - please do not hesitate to get in touch. Now is the time to ask!

#Brexit #AmazonSellerNews #FBA #AmazonFBA #AmazonSellers #AmazonTips #SellingOnAmazon #AmazonTips #UKCompliance

Transcript

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0:00.0	Good afternoon and welcome to another content corner. Thank you very much for joining me.
0:05.0	My name is Andy from Global e-commerce Experts and we're here to successfully expand e-commerce
0:09.6	sellers into the EU. Now there's two big topics at the moment and there's one I'm going to cover
0:15.3	today and that's Brexit. Brexit is something that's been going on for a while. We have a huge amount of content out there about Brexit.
0:23.6	We've done webinars, we've done podcasts, we've done content corners.
0:27.6	But we want to just do another one because we know how important this is.
0:32.6	The UK has left the EU.
0:34.6	Come the 1st of January, the transition period that we are currently in will end.
0:41.8	That means that any e-commerce seller that sells in Europe needs to consider their options
0:47.6	going forwards.
0:48.6	Now what it means is that you won't be able to sell in the UK and Europe all in one. Many sellers
0:55.4	when they first expand just launch in the UK or Germany. Some do both which is actually
1:00.9	our preferred strategy. But you take all that into consideration what you need to think about
1:07.7	is you where are you currently at the moment? So if you are currently only registered for VAT in the UK, you only fulfil in the UK,
1:16.6	you are no longer going to be able to sell easily to Europe.
1:20.6	All right, that means there's going to be customs, there's going to be duties, there's going to be extra VAT,
1:24.6	a whole load of things you need to consider.
1:26.6	If you currently only ship or only fulfill, or you're only registered for VAT in Germany,
1:31.8	and then you fulfil to the UK and everything, the UK will no longer be part of Europe,
1:36.5	so you won't be able to do that. The UK will no longer be part of the European fulfilment
1:40.9	network on Amazon. It will no longer be part of the Pan-European program
1:44.4	on Amazon. You know, if you're a Shopify seller, you sell on your website, you're no longer
	...

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