Every year the E-commerce sector keeps breaking new records. More individuals around the globe choose every day to shop online. In Italy the e-commerce transactions account for € 35.1 Billions increasing of 8% from 2017. The growth seems to be unstoppable and more people start their online business
You can start selling online without any particular form of business, however if the activity of online selling is done professionally or it is your only source of income you are required to set up a business.
How do you start your online business?
Starting your e-commerce business professionally requires you 5 simple steps:
Usually it takes a couple of weeks to get everything sorted, and after that you are ready to trade!
Accounting Bolla takes care of all the steps above, leaving you
- Get a Partita IVA;
- Register at the Chamber of Commerce;
- Obtain a Certified Email Address;
- Register your Social Security number;
- Communicate your activity at the local Comune.
Usually it takes a couple of weeks to get everything sorted, and after that you are ready to trade!
Accounting Bolla takes care of all the steps above, leaving you
What do I have to do next?
After you have everything in place, you trade like a normal business. You must keep the records of your invoice, charge VAT on your supplies, file quarterly VAT return and pay the liability, file your annual income statement.
Since your main activity is online selling, you are not required to invoice your clients and you simply record on a book the amount of sales you make every day.
If any of your clients asks for the invoice you should provide it, and from January 1st 2019 it must be an electronic one.
Do not worry about that as Accounting Bolla has the whole electronic facility to suit your needs!
Since your main activity is online selling, you are not required to invoice your clients and you simply record on a book the amount of sales you make every day.
If any of your clients asks for the invoice you should provide it, and from January 1st 2019 it must be an electronic one.
Do not worry about that as Accounting Bolla has the whole electronic facility to suit your needs!
How do you sell within European Union?
You can sell to every business in Europe without any limitation; however if you sell to private clients (B2C) every country has an annual threshold after which you must register for VAT purposes in that country.
You are not required to have a VAT number in every country of the European Union, as you should apply solely into the country(ies) you meet the threshold; our advice is to get the registration before hitting the required amount of sales since it avoids any interruption of your business abroad.
Accounting Bolla can register your business in every EU country!
You are not required to have a VAT number in every country of the European Union, as you should apply solely into the country(ies) you meet the threshold; our advice is to get the registration before hitting the required amount of sales since it avoids any interruption of your business abroad.
Accounting Bolla can register your business in every EU country!
How do you sell in the USA?
The USA is the largest market in the whole world, and its citizens are well accustomed with online purchases; we can definitely say the US are the El-Dorado of e-commerce.
In order to sell freely
In order to sell freely
How can we help you?
- Validating your Business Plan;
- Finding out the most advantageous structure for tax purposes;
- Setting up your business in Italy;
- Providing bookkeeping, payroll, and compliance services in Italy;
- Registering your business for VAT purposes in every country of the European Union;
- Registering your business in the United States and helping with
Accounting Bolla is the one stop shop for e-commerce in Italy, we are proud to have helped more than 100 e-business taking off in the last two years. Talk to one of our experts right now and make your e-commerce idea a reality.
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