How does VAT work for sellers on bol?

Why do you need to account for VAT as a seller on bol?

Because as a seller on bol you have the same tax obligations as any other business, and VAT is one of the most important of these. Bol is the leading online marketplace in the Netherlands and Belgium, giving you access to a large customer base and an established e-commerce infrastructure. The tax obligations come with that: you need to understand and meet them.

VAT is a complex topic that differs from country to country. If you sell in both the Netherlands and Belgium, it's essential to know the basic principles. If you're just getting started, we cover the broader administration in starting to sell on bol.

What is the threshold for sales to other EU countries and how does the OSS scheme work?

Within the EU, a threshold of 10,000 euros applies to distance sales to other EU countries. If you exceed it, you're required to pay VAT in that country and apply the local VAT rates. You file your return for other EU countries through the One Stop Shop (OSS) scheme: you pay the Dutch government, and it pays the VAT on your behalf to the EU country where you sell.

If you sell from the Netherlands to Belgium as well, keep a close eye on whether you exceed the threshold. If you do, your return runs through the OSS scheme. For the practical side of your return, invoices and the OSS scheme, read VAT, invoices and the OSS scheme on bol.

Which VAT rate should you apply to your products?

The right rate depends on the country and the product category. VAT rates differ not only by country but also by product category. It's important to apply the right VAT rate so you comply with the law and regulations. Mistakes in VAT rates can lead to fines and legal problems.

When do you need to register for a VAT number in another country?

As soon as you store stock in another country. Then you register directly for a VAT number in that country, regardless of whether you cross a revenue threshold. This is separate from the threshold for distance sales: storing stock abroad is on its own already a reason to register.

Why should correct VAT registration be a priority?

Because non-compliance can have serious consequences, such as fines and legal disputes. As a seller on bol, it's your responsibility to stay up to date on the latest VAT rules and regulations in the countries where you're active.

Consider seeking professional advice or having your bookkeeping handled by an accounting firm with experience in e-commerce and VAT. They can guide you through complex VAT questions and make sure you comply with the law. One such expert is One World eCom.

If you take your VAT obligations seriously, you can sell internationally on bol with confidence. VAT legislation remains complex, and this blog is informational and not tax advice, so seek professional advice if in doubt. Besides the tax side, your costs also determine what you keep in the end, and we covered which ones matter in which costs determine your profitability on bol.

Summary: what to keep in mind

• You apply the right VAT rate yourself and pay the VAT. Rates differ by country and product category.
• For distance sales within the EU, a threshold of 10,000 euros applies. Once you go above it, you charge the local rate and declare it through the One Stop Shop.
• If you store stock in another country, you register there for a VAT number. This is separate from the threshold amount.
• Non-compliance can lead to fines and legal problems. Stay up to date on the rules in every country where you're active.
• If in doubt, seek professional advice. This blog is informational and not tax advice.