Taking over an Amazon account
If you are taking over an already existing Amazon account from another vendor, it is very important to make sure that everything is set up correctly. Not following the proper measures can lead to incorrect VAT filings and penalties from the Tax Authorities.
In order to avoid this, please make sure to follow the steps from the checklist below:
1. Before starting to sell your goods through the Amazon account, make sure to agree on a cut off date with the previous account owner. It is important that the previous account owner stops selling his goods through this account, before you start any new sales.
2. It is very important to inform your account manager about the agreed cut off date. He will inform the software team, so that they know from what date the data is yours and not from the previous owner.
3. When you have started to sell your goods through the Amazon account, you can connect it to the hellotax software. Please do not connect it before you start selling, so that we do not start pulling the wrong data.
Please be aware: If you do not execute the takeover properly, hellotax can not ensure to file correct VAT returns to the Tax Authorities. In this case the penalties for the wrong filings will not be met by hellotax.
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