Financing, tax rates, and accounting
Im dropshipping my products to UK
im located in USA and i want to sell in uk
what are the precautions i have to take
or what are the legal requirements to sell in the uk
do i need a VAT ID? if so how can i get it?
Hi @Shahid1098,
Thanks for reaching out. I'd recommend checking out our UK taxes guide as a starting point, while also referring to the UK government's guidelines on VAT and overseas goods sold directly to customers in the UK. This will give you a better idea on what is required when you're importing goods into the UK from abroad. If you are still unsure of your obligations, we'd recommend speaking with a tax professional.
Victor | Social Care @ Shopify
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HI ,
The main issue is where your goods are at the moment of dispatch. If the dropshipper holds goods in the UK you need UK VAT number so you would charge output VAT (on your sales) and claim input VAT (on goods you are purchasing in the UK ) .
If you only supply from outside of the UK (you dropshipper delivers , let us say, from China) you can go without UK VAT number, but it still advisable to get one. With UK VAT registration you will be able to use simplified import scheme for goods below 135 GBP.
We can register you for UK VAT and IOSS and file for you , please, visit us at www.easproject.com
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