April 2024 - AMS Group

START YOUR BUSINESS IN EUROPE!

🚀 New Opportunities for Your Business in Europe! 🌍 We are excited to announce a new collaboration between leading experts in accounting, legal, and IT consulting. Dmitri Schmidt from AMS Group OÜ, Irina Kablukova from Accounting Resources OÜ, and Abhishek Mathur from Bon Accord OÜ have joined forces to offer a comprehensive new service – Turnkey Company Registration in Estonia.

How can a startup avoid tax issues when launching sales of digital products in the EU market?

When launching a business focused on selling digital products in the European Union countries, startups face a number of tax obligations. Special attention should be paid to VAT taxation rules, as they significantly differ from the rules applied to traditional goods and services. One of the key points is the threshold of 10,000 euros for the single European market, which, when exceeded, requires Estonian startups to obtain an Estonian VAT number to use the OSS system.