Are you ready for these major E-commerce changes?
New European E-commerce packages
Some major changes coming up if your business sells goods online in Europe. You have to get your data, systems and processes ready in time.
EU Goods Package
Starting July 16th 2021, the Goods Package strengths controls on products sold in the EU to ensure products places on the EU market are compliant with EU legislation.
If you want to sell your products in Europe (directly, online or through a fulfillment service provider), you will need an economic operator stationed in Europe to do so.
EU VAT Package
As from July 1st of this year, all B2C products delivered to the EU have to be taxed at destination. Their origin, whether it’s from the EU or anywhere else, will no longer be relevant.
How can HIDC help you?
How will these new rules impact your supply chain and transaction volumes? What about the required storage capacity? You probably have many questions about the new EU Packages. HIDC can help you with the answers. For more information visit their website.