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Just a perspective - €10k with a margin of 5% (is what I see after all the expenses for such a small volume) leaves you with €500 to comply with regulations. VA
by hippich 8y ago
Just a perspective - €10k with a margin of 5% (is what I see after all the expenses for such a small volume) leaves you with €500 to comply with regulations. VAT compliance with the just UK costs us 700 GBP per year so far and few hours each quarter.
- raverbashing 8y agoCost/bureaucracy of doing business is a common annoyance unfortunately, not exclusive to one or other country and those should be passed onto the consumer. These are rarely trivial on a small scale, small margin business.
- hippich 8y agoThat, as well as a way for companies to stiff competition - https://sermondo.com/the-new-german-packaging-law-amazon-fba/ https://sermondo.com/the-new-german-packaging-law-amazon-fba... : "Not participating in the system may be punished with a fine of up to € 200,000. It is conceivable that competitors will enforce the distribution ban by civil law."