I have been a seller on Amazon for two years now.I have two excellent products.
Unfortunately I do not seem to be making any profit off them as I am based overseas and to be honest been registered for Vat straight away is making it very hard to have any success with this business especially a new business
I was thinking about transferring my account just thinking about it to a UK based company
If this company sees the potential of my account which I can see everything would be great but with paying VAT the profit margins are so low
As of yet I have not broke the 85 thousand threshold to be VAT registered but the fact I am based overseas I still had to register for VAT
My question is If I did transfer the account to this UK based business , since they are based in the UK could they deregister for VAT how would Amazon view this , would there be any issues ,is this possible
Thank you in advance