E-commerce has become an indispensable part of today’s society, and more and more people choose to shop online. As an international e-commerce platform, AliExpress can help merchants expand overseas markets and earn more profits. However, as business expands, merchants also need to face different tax issues. In this regard, there are also some differences between AliExpress and other domestic e-commerce platforms. So, do you need to pay tax when doing AliExpress? How to pay tax when opening a store on AliExpress? This article will introduce AliExpress’s tax regulations and precautions in detail to help merchants run their businesses better.
According to regulations, novices who open an AliExpress store need to pay taxes. Regarding the value-added tax and tariffs that may arise during import customs clearance, currently the logistics provider Sinotrans Air Transport Development Co., Ltd. can provide two methods of buyer paying tax and seller paying tax offline. It is important to note that for all products declared by the same consignee within one day, the customs will levy VAT and customs duties based on the total value of the declared values of all goods.
Specifically, for goods with a declared value of 15-135 pounds, only VAT will be levied on online shipments. For goods with a declared value of more than £135, customs will collect customs duties in addition to the delivery VAT.
So, how to pay taxes when opening a store on AliExpress? AliExpress online shipping charges and prices do not include taxes, and taxes need to be paid separately. Nowadays, many logistics companies can provide two methods of tax payment, namely, buyers pay tax and sellers pay tax. In addition, everyone who imports or exports goods is also a taxpayer who pays customs duties.
In general, opening a store on AliExpress also requires tax. The above article introduces the relevant regulations and payment methods of taxes for your reference. In the process of doing AliExpress, it is very important to comply with relevant tax regulations. If you are unclear about the specific regulations, you can consult professionals or relevant departments to avoid unnecessary trouble. At the same time, rational use of various tax payment methods can also reduce the cost of tax payment and improve one’s competitiveness. Since AliExpress is a platform for external sales, tariffs need to be paid, which are generally borne by the buyer.