man thanks a lot this video is gold . i need some answers . if I'm not a British resident or civilian but i registered my LTD in the UK . and I'm willing to do dropshipping but I'm only targeting the US market. i guess in my case i have no problem about the UK income tax and I can start sending money from my company bank account to my personal bank account because I'm not in or from the UK ?? and i do not pay or register for VAT because I'm not selling to EUROPE ? and i only have to pay the corporation tax ?? and because I'm selling to the US market using US suppliers do i got to charge my customer's for the GST and for who I'm gonna pay this GST ??? and what about any other type of US or UK tax i may be dealing with ?
Hello, I have a question and will appreciate if you can help. I have LTD company, not registered for VAT still. I want to sell expensive products online with shopify, and only in UK for the start. In order to do that and to work with UK suppliers, do I need to be VAT registered or not until 85K revenue per year? And also how do I price products, do I charge tax or not? Please, if you can help.
Done a bit of research about you James and have joined up to your courses great advice.
Really helpful,thank you 😀
Thanks bro. This is really helpful
Very helpful, Thanks bro
man thanks a lot this video is gold . i need some answers . if I'm not a British resident or civilian but i registered my LTD in the UK . and I'm willing to do dropshipping but I'm only targeting the US market. i guess in my case i have no problem about the UK income tax and I can start sending money from my company bank account to my personal bank account because I'm not in or from the UK ?? and i do not pay or register for VAT because I'm not selling to EUROPE ? and i only have to pay the corporation tax ?? and because I'm selling to the US market using US suppliers do i got to charge my customer's for the GST and for who I'm gonna pay this GST ??? and what about any other type of US or UK tax i may be dealing with ?
Someone answer this man a question. Come on!
what we are not from uk but our company is based in uk and we sell in usa,does the same rules applies?
What about selling from the UK to the EU do you need to wait to reach a certain threshold of income?
Thanks a lot. Do you have any recommendations for a professional e-commerce accountant to make?
Yes there are a few in the UK who specialise in ecommerce businesses.
For example:
yourecommerceaccountant.co.uk/
www.ecommerceaccountants.co.uk/
Hello, I have a question and will appreciate if you can help. I have LTD company, not registered for VAT still. I want to sell expensive products online with shopify, and only in UK for the start. In order to do that and to work with UK suppliers, do I need to be VAT registered or not until 85K revenue per year? And also how do I price products, do I charge tax or not? Please, if you can help.
If you are dropshipping with a partner is an LLP more suitable than a Limited Company?
I dont know man
jesus i just to know if i need a vat number to set up shopify payments anyone know
Hi @kameliakx9975 ! No you don't need to be VAT registered to start selling on Shopify and to start receiving payments via Shopify payments