Good evening heavenwelkin, thanks; by provider I mean what I need to specify when creating the VAT number for e-commerce...
I don't know the answer to your question, I'm copying / pasting what chatGPT replied to me hoping it may be useful to you.
Kind regards.
In the case of creating or managing a VAT number for e-commerce, the "provider" to indicate does not refer to eBay itself, but rather to the nature of the activity carried out and the correct classification within economic activities (ATECO codes).
Here are the details regarding VAT registration for e-commerce on platforms like eBay:
1. ATECO code to use
To sell on eBay or other online platforms, the most appropriate ATECO code depends on the type of business you do. Here are the main ones:
E-commerce (physical goods):
ATECO code 47.91.10: "Retail sale of any type of product via the internet"
This is the most common code for those who sell physical goods on eBay as professional merchants.
It covers direct sales to the end consumer through e-commerce.
E-commerce (used or refurbished goods):
ATECO code 47.79.10: "Retail sale of second-hand goods (excluding antiques and antique objects)"
Used if you sell used or refurbished items, such as personal or vintage objects, for profit.
If you sell exclusively as an intermediary (without handling inventory):
ATECO code 73.11.02: "Conducting marketing campaigns and other advertising services"
Used if you limit yourself to dropshipping or operate as an intermediary between the supplier and the buyer, without directly handling inventory.
2. Nature of e-commerce
During VAT registration, it is important to specify:
That you are carrying out an indirect e-commerce activity (sale of physical goods through platforms like eBay).
Your specific provider is not necessarily "eBay", but you must indicate that you use e-commerce platforms for sales.
3. Additional aspects
Tax regime: You can choose between the flat-rate regime (if you meet the requirements) or the ordinary regime. Under the flat-rate regime, you cannot deduct VAT on purchases, but you will benefit from reduced taxation.
Registration with the Revenue Agency: You must indicate your activity as "e-commerce" and provide the details of your business and the platforms used.
SCIA notification: If you operate as a merchant, you must submit a SCIA (Certified Notice of Commencement of Activity) to the municipality of residence or operating office.
4. Providers and platforms: what to specify
It is not necessary to indicate a "provider" such as eBay specifically when creating the VAT number. However, if it is requested during registration with the Chamber of Commerce or the Revenue Agency, you can indicate the following:
Main activity: E-commerce through marketplace.
Platform used: eBay (you can indicate the main platform on which you operate, but it is not always mandatory).
Type of sale: Retail sale of physical goods via the internet.
In summary:
Use the appropriate ATECO code for the type of business (for example, 47.91.10 for generic e-commerce).
It is not necessary to specify "eBay" as the provider directly, unless asked to do so (in that case, indicate "eBay as marketplace").
Consult an accountant to make sure the tax and administrative classification is correct for your business.
which provider should be indicated to sell on eBay with VAT number? thanks
Hi bruntoma_0
When you sell on eBay as a business with a VAT number, you need to choose a provider to receive payments. Since 2021, eBay has removed PayPal as the main method for managing payments and has introduced the Managed Payments system. This means that payments received on eBay are transferred directly to your bank account through the integrated management system.
The main "provider" for eBay is eBay itself, through the "Managed Payments" system.
You don't need to set up other services like PayPal (although PayPal can be used as a payment method for buyers, but not to receive payments directly).
When you set up your seller account with a VAT number, eBay requires:
IBAN of your bank account: where you will receive sales payments. Tax details: VAT number or tax code.
Payments will be sent automatically to your bank account on a configurable schedule (daily, weekly, etc.).
heavenwelkin
·1 year agoIf by provider you mean something else, please specify the type of issue more clearly.
Best regards.
bruntoma_0
OP1 year agoGood evening heavenwelkin, thank you. By provider I mean the one I need to specify when creating the VAT number for e-commerce...
thanks
heavenwelkin
·1 year agoI don't know the answer to your question, I'm copying / pasting what chatGPT replied to me hoping it may be useful to you.
Kind regards.
In the case of creating or managing a VAT number for e-commerce, the "provider" to indicate does not refer to eBay itself, but rather to the nature of the activity carried out and the correct classification within economic activities (ATECO codes).
Here are the details regarding VAT registration for e-commerce on platforms like eBay:
1. ATECO code to use
To sell on eBay or other online platforms, the most appropriate ATECO code depends on the type of business you do. Here are the main ones:
E-commerce (physical goods):
E-commerce (used or refurbished goods):
If you sell exclusively as an intermediary (without handling inventory):
2. Nature of e-commerce
During VAT registration, it is important to specify:
3. Additional aspects
4. Providers and platforms: what to specify
It is not necessary to indicate a "provider" such as eBay specifically when creating the VAT number. However, if it is requested during registration with the Chamber of Commerce or the Revenue Agency, you can indicate the following:
In summary:
heavenwelkin
·1 year agoHi bruntoma_0
When you sell on eBay as a business with a VAT number, you need to choose a provider to receive payments.
Since 2021, eBay has removed PayPal as the main method for managing payments and has introduced the Managed Payments system.
This means that payments received on eBay are transferred directly to your bank account through the integrated management system.
The main "provider" for eBay is eBay itself, through the "Managed Payments" system.
You don't need to set up other services like PayPal (although PayPal can be used as a payment method for buyers, but not to receive payments directly).
When you set up your seller account with a VAT number, eBay requires:
IBAN of your bank account: where you will receive sales payments.
Tax details: VAT number or tax code.
Payments will be sent automatically to your bank account on a configurable schedule (daily, weekly, etc.).
Kind regards