Set Up an Amazon Store in Ireland
Set Up an Amazon Store in IrelandUpdated on Monday 03rd September 2018
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Setting up an Amazon store can be a great idea for conducting business activities in Ireland through the online environment, as the online shopping is becoming more popular in this country. In a recent study, conducted in 2017, 30% of the Irish participants declared that mobile phones will become their main instrument for online purchases, while 25% mentioned that they purchase goods and services from websites on a weekly basis; our team of lawyers in Ireland can provide in-depth advice on the main requirements related to the registration of an Amazon business.
What are the advantages of setting up an Amazon store in Ireland?
One of the main requirements for setting up an Amazon store is to be a resident of one of the countries accepted by Amazon. Ireland is included in the list of the eligible countries, so there are no restrictions in this sense. It is also important to know that one of the main advantages of an Amazon store is given by the large consumer market it covers in Europe, estimated at approximately 340 million online buyers at the level of 2018. Other advantages of an Amazon business are given by the following:
- • Amazon allows both natural persons and legal entities to register an online store;
- • when referring to legal entities, Amazon offers a new service that automatically generates value added tax (VAT) invoices on the respective sales;
- • the platform also offers the possibility of marketing certain products for business-to-business partnerships;
- • in the case of transactions that have a large volume, the company can benefit from lower fees.
Minimum requirements for starting an online business in Ireland
In order to sell products or services as an online business, any company registered in Ireland has to register with the local authorities, and this is a compulsory requirement for any newly formed business, regardless of the manner in which it will conduct its activities; our team of Irish lawyers can assist with legal advice on the registration steps.
Furthermore, investors should have a suitable payment method - such as PayPal, or they may choose a merchant account addressed to their type of business. Other steps can be requested when starting an online business and investors are invited to contact our law firm in Ireland for tailored advice regarding any matter concerning this subject.