What Does British Retreat Mean For Platform Sellers?

From the recent reports of foreign media, we know that

What does it mean for the platform seller? Although it can not answer all, the foreign media summed up the following points, hoping to give the seller a hint:

1, fees and taxes

Platform fees are still paid in pounds unless they are registered on other countries' websites.

VAT is likely to be a big change, and eBay or UK will be seen in the future.

Charge 20% of VAT instead of 15% now.

The bigger problem is that small and medium-sized sellers also need to register the VAT tax code of EU countries, but for large sellers with tax numbers, though VAT will become very troublesome, there will be technical solutions to deal with this problem.

2, FBA

FBA will become more complex. At present, the seller can place the goods in the Amazon warehouse of the United Kingdom. When other European Union countries have orders, they will be shipped through the British warehouse, but this will not change for the sellers, because how to pport the goods into the European Union is Amazon's problem.

Some sellers choose to place their stocks in the Amazon warehouse to serve the European consumers and obtain Prime services in Germany and France.

If a British seller puts the goods in the Amazon warehouse of the European Union, it may perform more complicated.

And register the VAT tax number of the country where the goods are located.

3, PayPal and payment

PayPal can handle global pfers and has good handling capacity for some problems, so business should be carried out as usual.

Other payment companies like CurrenciesDirect, OFX and WorldFirst may be more attractive in the future.

If the funds collected from sales are repatriated and the exchange rate is also rising, then the more attractive payment methods that can help sellers save money or provide exchange rates will be more popular.

4. Logistics company

Logistics companies generally support the British stay in the European Union.

After the withdrawal, the terms will automatically add any tariff barriers, costs and possible pport delays, depending on the trade agreements between the UK and the EU, if there is any future.

5. EBay global shipping plan

It is very complicated to export tariffs and other tax administration. If small sellers decide to sell their products to Britain, simply use the eBay global pportation plan (GlobalShippingProgramme) to hand over these problems to eBay.

As soon as the product arrives at the central processing center of the United Kingdom, how to deliver, process import duty documents and pay any customs duties is a matter of eBay.

6, global cross-border trade

Many platform seller countries do not sign a trade agreement with the buyers country, but the seller and the seller have already done business through the e-commerce platform. No trade agreement does not mean that they can not be bought or sold. It means that the import tariff is more expensive and more expensive than the local sellers.

The Internet enables many people to manage their businesses globally and become small importers or exporters. Although Britain's withdrawal from Europe will make trade more difficult and costly, it may not change the fact that more and more people are running e-commerce business.

Although it seems that the road to Europe is not so easy, it may not be as difficult as what the European side wants.