Shopify today is one of the most popular ecommerce platforms. Back in 2004, the site was created by three Canadians inspired by the poor online experience they had while shopping for snowboarding equipment. In 2021, Shopify has gone from strength to strength, doubling its number of online merchants each year, growing to a massive 1 million active stores currently operating. Amongst the excitement of selling on your own website with Shopify, often the more complex yet essential aspects of international ecommerce are overlooked. For both EU and non-EU sellers who use Shopify to reach EU customers, it’s crucial to understand VAT and its impact on your business.
Source: simplyvat.com
