Do I have to be a taxpayer to sell online?
Not every business owner selling online has to be registered for VAT. Entrepreneurs may be exempted from registering for VAT based on sales threshold or sales character. An annual income not exceeding a certain rate does not call for VAT registration either. However, it is important to remember, that exceeding any of those thresholds automatically call for VAT registration. Thresholds differ from country to country, hence it is essential to become familiar with local regulations in order to avoid penalties. When sales character is concerned, every country has their goods and services catalog, which details items that can be sold tax free regardless sales threshold.
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