AM/PM Podcast

#412 - Expanding Your E-commerce Business into Europe with Melanie Katsaris' Tax & Compliance Expertise

6 snips
Sep 12, 2024
In this engaging discussion, Melanie Shabangu-Katsaris, co-founder of Avask, dives into the exciting world of global e-commerce. She highlights the significant opportunities for sellers to expand into Europe, emphasizing the importance of understanding local regulations like VAT compliance. With a nod to the vibrant Amazon-seller community, Melanie shares memorable industry moments, including a Beyoncé concert. Ultimately, she outlines how her company simplifies the complexities of international compliance and logistics, supporting sellers to thrive across borders.
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ANECDOTE

Beyoncé Concert VIP Experience

  • Melanie shared a memorable experience of attending a Beyoncé concert in a VIP skybox with Kevin and others from the Amazon seller community.
  • This event highlights the close-knit and fun culture among Amazon sellers beyond just business.
INSIGHT

US vs Europe E-Commerce Differences

  • Selling in the US is simpler due to mature e-commerce infrastructure and easier tax registration compared to Europe.
  • Europe has complex VAT, customs, and multiple markets requiring more compliance but offers significant growth opportunities.
ANECDOTE

Personal VAT Refund Penalty Story

  • Kevin shared a personal story about losing $7,000 in VAT refund penalties at Chicago airport after shopping in Paris.
  • The story illustrates the importance of strict VAT compliance and customs regulations enforcement.
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