<aside> 🪤 The VAT Trap! Here's a common pitfall: Many sellers think they can fly under the radar and avoid VAT registration. Don't fall into this trap! EU tax authorities are getting smarter about tracking online sales. Getting caught can mean big fines and even being banned from selling.
</aside>
Don't try to handle VAT on your own. There are plenty of services out there that can handle VAT registration and filing for you. Yes, it's an extra cost, but trust me, it's worth every penny for the peace of mind and time saved.
Remember, VAT might seem like a pain, but it's just part of doing business in the EU. Get it right, and you'll be in a great position to scale your business across Europe.
Next up, we'll talk about another crucial piece of the puzzle: your EORI number. Stay with me, we're just getting to the good stuff!