Recent content by dropshipking
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Don't want to pay Vat anymore
Also I want to add, In my terms and conditions I note that my customers need to pay VAT when they get charged for that at customs. Remember Im dropshopping from China. So if they get charged for VAT by customs and pay VAT to me they'd be paying double.. I also read at a Dutch forum that if I...- dropshipking
- Post #10
- Forum: Tax, Accounting, Licensing & Legal
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Don't want to pay Vat anymore
Really? But what is wrong with this compared to setting it up in the UK or Ireland?- dropshipking
- Post #9
- Forum: Tax, Accounting, Licensing & Legal
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Don't want to pay Vat anymore
I've set up a HK Limited company with HK bank account. Should be fine now right?- dropshipking
- Post #7
- Forum: Tax, Accounting, Licensing & Legal
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Don't want to pay Vat anymore
I get what you are saying but isn't it weird to pay VAT since my products are sourced from China, Im not even shipping anything from here in Belgium. Why should I even pay VAT? It is not illegal to have my company in HK instead of here locally. So I literally don't really understand the problem?- dropshipking
- Post #3
- Forum: Tax, Accounting, Licensing & Legal
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Don't want to pay Vat anymore
Hi, Im a dropshipper based in Belgium and I am dropshipping to Sweden. (meaning people buy in my store and I buy the item on Aliexpress and have it send to them) Right now my company is based in Belgium, so I have to pay 21% VAT. Right now I am looking to open a new company in Hong Kong to...- dropshipking
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- Replies: 13
- Forum: Tax, Accounting, Licensing & Legal