China-based E-Commerce merchants typically target the European
Union and its market to boost their business growth and success. According to
Research and Markets, Europe is the third biggest E-Commerce market worldwide.
However, despite dominating the E-Commerce industry, not many Chinese
business-owners are able to penetrate the market in Europe – for a few reasons.
Just like in any other country or territory, business-owners are
required to submit the necessary information and documents to the European tax
authorities to prove that their business is legitimate. Unfortunately, not many
Chinese entrepreneurs know how or where to provide them – this discourages or
prevents them from expanding their business in Europe; they are neither aware
or informed that once you’re registered in a country in Europe, your goods can
be typically imported to the other nearby European countries.
Sterlinx offers a free -- for a limited time -- UK company formation
service specifically for merchants based in Asia – China is their top priority
due to the number of products that they can provide to the E-Commerce market --
not just in Europe, but worldwide. According to Ariful Islam, Co-Founder and
CEO of Sterlinx, the easiest and most
effective way of ensuring that China-based merchants can sell their goods in
Europe is to register their business in the United Kingdom. “A UK-based
business not only gives you access to the British market, having an office and
warehouse based there also allows you to freely sell your products in Europe.”
said Islam.
Once a business is registered in the UK, customer service is
proven to improve. Most consumers are given the impression that the company is
much more reliable when they purchase their products from businesses with a
European address – and that’s exactly what Sterlinx aims for – to aid in their
clients’ reputation and reliability. Sterlinx helps in UK Business Registration. A
customer’s product also arrives much quicker when the goods that they order are
shipped from the UK to parts in Europe. Sterlinx provides Ecommerce Accountants ,
E-Commerce businesses a warehouse to store their products and help them ship
out the goods to their clients’ customers.
The fulfilment service that Sterlinx offers to their clients has
been proven to attract China-based E-Commerce entrepreneurs due to its
convenience in both the merchant and their customers. Shipping out products
from China to Europe usually takes almost a week before they arrive; whereas
storing their goods in the UK is guaranteed to arrive the next day or two.
Delivering the items to the consumers is also found to be the most stressful
process for the merchants due to the risk of mishandling, loss, theft, and
damage. Customers almost always ask for a refund when their ordered goods are
delivered to them broken – this is detrimental to business-owners as they’re
legally obligated to refund a consumer’s money over something that they have no
control of.
Another reason why Chinese manufacturers and entrepreneurs are
discouraged from expanding their business in Europe is because of their lack of
awareness as to what they are legally facing and what prerequisites their
business must adhere to. Strict rules and regulations are enforced by the
European government – they vary from country to country. What’s apparent is
there are countless laws that merchants must comply with and abide by. VAT
registration, for instance, is required by the European Union. But providing
the accurate products description to determine the VAT charges billed to you is
not something that every business-owner in China knows how to provide.
Sterlinx’s legal services ensures that their clients are aware of
their risks and liabilities when selling in Europe. They are also guided by
Sterlinx’s lawyers to help them better understand the VAT laws in Europe. Tax
authorities in Europe require merchants to provide a detailed description of
their goods and its type, as well as its value. Failing to provide the correct
information to the authorities means that they would have to face a hefty fine
and possibly face legal consequences. Sterlinx eliminates that dilemma that
their clients may face by helping them understand what to provide to the tax
authorities. If you are looking for Amazon FBA Accountant then you
are at right place.
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