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> What am I missing? Are people just not registering for VAT? That's the impression I got when I researched it. I found lots of post of people explaining their
by seanwilson 3y ago
> What am I missing? Are people just not registering for VAT?
That's the impression I got when I researched it. I found lots of post of people explaining their tech stack and payment workflows, but almost none about how they handled country specific tax and VAT.
Paddle, Gumroad, Lemon Squeezy and Fastspring all handle this for you. I went with Paddle for payments for a Chrome extension and I haven't had to think about country specific tax since.
I occasionally check Paddle's changelog (https://new.paddle.com/ https://new.paddle.com/) to see what new countries and tax changes they're having to deal with weekly to remind myself why I went with them.
There's meant to be SaaS products that work with Stripe to help with tax but is it worth the hassle compared to refunding the existing customers and moving to one of payment the providers above? Ignoring the problem until you grow bigger and then having to correct tax errors in retrospect is an incredibly bad idea imo (fines, paying accountants to sort out missing tax filings, untangling the mess, having to contact old customers about it), that's going to get in the way of you growing your product and cause a lot of stress.
- fruktmix 3y agoWhich of those options are best? Heard that Lemon is new to the game but Paddle have been in the game for the long run. Never heard of fastspring.