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Amazon Sweden is open to global sellers to register, Swedish VAT already know

Author:安博国际财税(深圳)有限公司 Click: Time:2020-09-02 00:00:00

On August 27, Amazon announced that the Swedish site is open to global sellers to register, and European sellers in China can enter through the existing Amazon Europe joint account and start preparing to publish products. It is also Amazon's first foray into the Nordic market.




Sweden is one of the fastest growing countries in the European Union for e-commerce, with an Internet penetration rate of 94% of its 9.6 million people, according to Nets Nordic 2019 e-commerce. Total online spending reached 30 billion euros in 2019, up 16 percent from 2018, with 37 percent spent on goods, amounting to 11 billion euros. Astute Chinese sellers are the first to see the potential of the Swedish e-commerce market, so "Do I need to register for VAT in Sweden?"


Amber xiaobian first to introduce Development of VAT in Sweden:

As a member of the European Union, Sweden complies with EU VAT rules and is part of the EU's single market economy. The VAT regulation is published by the European Union, which sets out the principles of the VAT system to be adopted by member States, including Sweden. These rules take precedence over local regulations in member states, which makes the VAT laws different across the EU.


The 51-year history of the Swedish VAT Act was formed in 1969 and is administered by Skatteverket, the Swedish tax office.


01

Who needs to register for Swedish VAT


Overseas companies can register VAT in Sweden without having to set up a local company. There is no VAT threshold for overseas companies to register in Sweden, and foreign companies must register for VAT from the first day they start their activities in Sweden.


Similarly, if there are warehouses in other EU countries and shipments to Sweden exceed the remote sales limit, you will also need to register VAT in Sweden, which is SEK 320,000(approximately 31147EUR).



Sweden has strict requirements for registration, including:

  • Imports into the European Union through Sweden
  • Buy and sell in Sweden
  • Keep the goods in stock at the warehouse in Sweden
  • They sell goods from Sweden to other EU countries
  • Buy from Sweden from other EU countries
  • Remote sales from another EU country to an individual in Sweden, such as Internet retailing.


02

When do I need to register for a Swedish VAT


The VAT department must receive an application for a VAT number at least 14 days before the first taxable supply.


03

tax on behalf of


Non-eu companies need to hire a local tax agent to register in Sweden. You can consult Amber's younger sister for details.


04

Swedish VAT


Sweden's standard VAT rate is 25%. Food, rental accommodation, books, newspapers and other goods and services are taxed at 12 percent and 6 percent, respectively, but cross-border e-commerce will not cover these low-tax products.


Examples of exempted supplies include healthcare services, financial services and education, and exempted parts of cross-border e-commerce are also not covered.


05

VAT Declaration in Sweden


If sales are less than 1M SEK(approx. 97335EUR) -- Annual Report

1-40m SEK (approx. 3893400EUR) -- Quarterly Report

Over 40m SEK (approx. 3893400EUR) -- Monthly


For sellers, amazon Europe now covers seven European countries, in addition to the UK, Germany, Italy, France, Spain and the Netherlands, making prospecting even broader.

Amazon Sweden is open to global sellers to register, Swedish VAT already know
Sweden is one of the fastest growing countries in the European Union for e-commerce, with an Internet penetration rate of 94% of its 9.6 million population. Total online spending reached 30 billion eu
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