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February 28, 2023 at 11:22 am #7820
In general, VAT is a tax that is paid by the end consumer and collected by the seller. The seller then remits the VAT to the appropriate tax authorities.
As for why companies are moving towards e-commerce, it’s largely due to the shift toward digital and online shopping. E-commerce allows companies to reach a wider audience and streamline their operations. It can also be a more cost-effective way to sell products.
If you’re interested in learning more about e-commerce and how it can benefit your business, check out resources from Transform Agency or also try looking into Ecommerce Integrations.