#472 - Go Global Without the Headache: Compliance, Cash Flow & Cross-Border Wins
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Thinking about going global? Learn how to expand from the US to the UK and the EU the smart way. We break down VAT, EPR, PAN-EU, cash flow, and compliance so international growth feels easy.
What if expanding your e-commerce business globally was simpler than you ever imagined? Join us as we welcome Demet Kale from Vatai, who is here to dismantle the daunting myths surrounding international expansion and VAT compliance. Together, we demystify the processes that often hold sellers back from seizing the lucrative opportunities European markets have to offer. Demet offers her expert insights into how a unified compliance solution can pave a smoother path amidst the growing competition, especially with manufacturers stepping directly into the scene.
Curious about leveraging Amazon’s vast European network for your business? We discuss the hurdles and victories of selling through Amazon in Europe, emphasizing the power of Amazon’s logistics and support systems. Tackling issues like multi-currency cash flow and the importance of VAT registration, we highlight how a strategic partnership can make navigating these waters much easier. Our dialogue underscores the necessity of knowledgeable partners in achieving seamless customs clearance and overcoming bureaucratic obstacles.
Beyond the realm of Amazon, we expand our horizons to explore global e-commerce strategies, including the OSS scheme for platforms like Shopify. Discover how this system simplifies VAT reporting for sellers with a German VAT number and enables them to cater to local VAT rates across EU countries. We also venture into alternative marketplaces like Allegro, CDiscount, and Bol.com, while addressing essential compliance topics such as EORI numbers and Extended Producer Responsibility in Europe. Whether you're a U.S. seller eyeing the European market or vice versa, this episode is packed with strategies to help you build a sustainable global brand.
In episode 472 of the AM/PM Podcast, Kevin and Demet discuss:
- 00:00 - Expanding E-Commerce Globally With VAT
- 01:48 - Global E-Commerce Compliance Services
- 12:19 - International Expansion and Cash Flow
- 16:40 - Expanding Amazon Sales Internationally
- 20:08 - Navigating VAT and E-Commerce Expansion
- 26:10 - Amazon Eases VAT Compliance for Sellers
- 28:02 - E-Commerce Expansion Beyond Amazon
- 32:07 - Exploring International Marketplaces and Logistics
- 38:43 - Label Tool and EU Representation Requirements
- 42:30 - Global E-Commerce Expansion Strategies
- 43:16 - Common Mistakes in International Expansion
- 51:12 - Guiding International Expansion With Demet