Integrated TPLink with direct UI Via IP Model
I hope you trim the zip ties on all the units you've been shipping out to clients for the last month.
Topic: Official Thread: AMT - page 302. (Read 678353 times)
I hope you trim the zip ties on all the units you've been shipping out to clients for the last month.
Integrated TPLink with direct UI Via IP Model
Integrated Raspberry PI Model
We have to pay the VAT anyway. When the goods come from ouside the eurozone and arrive at the customs, they check the value of the goods + transport. If the think the value can be correct, then we pay 21% over the goods + transport when it arrives at home. If they have doubts.... then it's going to take a long time.
Bulgaria has very low taxes for companies to pay. Corporate tax is 10% and is regulated by the Corporate Income Tax Act (ZKPO).
Clients however pay 21% (here in Spain) when the goods arrive.
So, if the goods are send from inside the European Union (euro-zone) only then we don't need to pay VAT. Where ever we pay the bill, has nothing to do with that.
What AMT is saying to you, not to me, is that they are sending from within the euro-zone?
Bulgaria has very low taxes for companies to pay. Corporate tax is 10% and is regulated by the Corporate Income Tax Act (ZKPO).
Clients however pay 21% (here in Spain) when the goods arrive.
So, if the goods are send from inside the European Union (euro-zone) only then we don't need to pay VAT. Where ever we pay the bill, has nothing to do with that.
What AMT is saying to you, not to me, is that they are sending from within the euro-zone?
AMT responded to the Bulgarian bank matter...
We use a Bulgarian bank for our European clients as we have several. Otherwise they will incur a VAT (value added tax) charge which is an additional 20% on top of the purchase price. So their 1.2 would cost them $5,999 + $1180 + import taxes on the total value. By operating within the European Union, we are able to save them VAT costs and import taxes as well.
Can anyone refute this?
We use a Bulgarian bank for our European clients as we have several. Otherwise they will incur a VAT (value added tax) charge which is an additional 20% on top of the purchase price. So their 1.2 would cost them $5,999 + $1180 + import taxes on the total value. By operating within the European Union, we are able to save them VAT costs and import taxes as well.
Can anyone refute this?
Doesn't make sense, you have to pay VAT regardless if you are in the EU. If you buy something within the EU you have to pay VAT included in the price, if you by something from outside the EU you have to pay VAT when it enters the country. There is no getting out of paying VAT.
If you are a VAT registered company then you can get an invoice that does not have VAT on it, but you still have to pay VAT when it enters the country.
Plus there are no import duties for computer components or equipment entering the EU from the US
AMT responded to the Bulgarian bank matter...
We use a Bulgarian bank for our European clients as we have several. Otherwise they will incur a VAT (value added tax) charge which is an additional 20% on top of the purchase price. So their 1.2 would cost them $5,999 + $1180 + import taxes on the total value. By operating within the European Union, we are able to save them VAT costs and import taxes as well.
Can anyone refute this?
We use a Bulgarian bank for our European clients as we have several. Otherwise they will incur a VAT (value added tax) charge which is an additional 20% on top of the purchase price. So their 1.2 would cost them $5,999 + $1180 + import taxes on the total value. By operating within the European Union, we are able to save them VAT costs and import taxes as well.
Can anyone refute this?
okay, i just re-read this thread... they clearly state they are doing business in Eastern Europe and mention Technobit by name. I'm cool.
My bank transfer request from AMT is to US Bank, not Bulgaria.
Even so if THEY get boards, parts or even whole turnkey equipment from Technobit, they should keep that out of sight from their customers. If I buy American, I don't expect an eastern european payment. You may know that I buy from Technobit, but he is not offering these systems on his website. If he did, I would have bought and paid them already.
I may have missed it so i apologize in advance... has AMT stated that they are buying from Technobit?
No prejudices here - but bulgaria (in general most of eastern europe) is very shady from business point of view
It might have something to do with them buying boards and parts from TechnoBit.
Just sayin'
No prejudices here - but bulgaria (in general most of eastern europe) is very shady from business point of view
I wish AMT would answer this question about the Bulgarian Bank.
well, i'm walking over to the bank at lunch today to make this payment. crossing my fingers.
Crossed fingers = you trip over and never make it to the bank.
US Company receiving payments in Bulgarian bank account...are you f***ing kiddin me?
"If there are any fees just cut them from the payments, that's fine...infact if even if you only send us like $100 that's fine, just make sure you send it right away"
ok, you have a small point there. god i hate this industry. wish i would have just kept my little BFL 60gh and been happy.
well, i'm walking over to the bank at lunch today to make this payment. crossing my fingers.
Crossed fingers = you trip over and never make it to the bank.
US Company receiving payments in Bulgarian bank account...are you f***ing kiddin me?
"If there are any fees just cut them from the payments, that's fine...infact if even if you only send us like $100 that's fine, just make sure you send it right away"
i guess so.
They want you to send same day wires, and if your bank charges you a fee they'll just take you at your word and let you deduct it from the total?
well, i'm walking over to the bank at lunch today to make this payment. crossing my fingers.
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