{"id":1749,"date":"2021-04-20T14:03:00","date_gmt":"2021-04-20T12:03:00","guid":{"rendered":"https:\/\/interstellar.accountable.de\/?p=1749"},"modified":"2023-04-27T11:08:49","modified_gmt":"2023-04-27T09:08:49","slug":"all-about-taxes-for-amazon-fba-sellers","status":"publish","type":"post","link":"https:\/\/interstellar.accountable.de\/en\/blog\/all-about-taxes-for-amazon-fba-sellers\/","title":{"rendered":"All about taxes for Amazon FBA Sellers"},"content":{"rendered":"

You plan on becoming an Amazon FBA Seller? Then it’s very important to know how to register and how to deal with your taxes. At first, the complex German tax law might seem very confusing. But no need to worry, we give you all the\u00a0information you need on how to\u00a0successfully\u00a0start your Amazon Business in this article.\u00a0<\/b><\/p>\n

Amazon Seller: Your taxes at a glance<\/span><\/h2>\n

Since very few Amazon sellers register an enterprise like a GmbH, we will limit ourselves to all the information you need as an Einzelunternehmer (sole proprietorship) in this article. With a GmbH, the topic is much more complicated and you should definitely consult a tax advisor if you would like to start such a business.<\/span><\/p>\n

\ud83d\udca1<\/span> Tip from Accountable:<\/b> You are not sure whether you should register a GmbH? You will find the answer in this article<\/a>!\u00a0<\/span><\/p>\n

Income tax<\/span><\/h2>\n

The income tax return is filed annually and the tax must be paid to the Finanzamt (tax office). As the name suggests, the amount refers to your income, i.e. your profit (income minus expenses). \u00a0<\/span>\u00a0<\/span><\/p>\n

But in Germany, you only need to pay tax on your profit, if it exceeds the Grundfreibetrag (tax free amount) of 9.744\u20ac (<\/span>as of 2021<\/span><\/i>). For married couples, this amount doubles to 19.488\u20ac. If you make more than this tax-free amount, you need to pay tax on your profits every year. How much you will have to pay depends on your profit, it determines your so called Steuersatz (tax rate). \u00a0<\/span><\/p>\n

If you make\u00a09.740\u20ac\u00a0(as of 2021<\/i>), your income tax is 0\u20ac. As soon as you earn more, your Steuersatz changes and you have to pay income tax, for example when your annual income is <\/span>12.000\u20ac, the income tax is already 366\u20ac. With an income of 39.000\u20ac, your tax will be 7.990\u20ac. The top tax rate is 42%, it applies to all annual income that is higher than 57.919\u20ac. This means, that every Euro above this limit is taxed at a rate of 42%. \u00a0\u00a0<\/span><\/p>\n

\ud83d\udca1<\/span> Tip from Accountable:<\/b> Even if your profit is below 9,744\u20ac, you must file a tax return, even though you don’t have to pay taxes. This is the only way you can prove to the Finanzamt that your income is really below the tax-free amount.<\/span><\/p>\n

Value-added-tax (VAT)\u00a0<\/span><\/h2>\n

In case you’r not taking advantage of the\u00a0<\/span>Kleinunternehmerregelung<\/span><\/a>\u00a0(small business regulation), you have to pay VAT and list it on your invoices. It is payed either monthly or quarterly to the Finanzamt (finance office). The VAT rate can be 19% or 7%, depending on the sold product. The reduced tax rate of \u00a07% applies for example on the following products:<\/span><\/p>\n