From 19.2.2020 onwards, the platform Amazon Europe enables Slovenian companies do conduct their business on their site. The Ministry of Economic Development and Technology (MGRT) announced the solution as early as in November 2019, but they delayed this deadline. If you plan to engage in online trading you can start your business in Slovenia. This way you can offer your products on Amazon Europe platform.
Data d.o.o. has been supporting entrepreneurs who start their business in Europe by company registration in Slovenia for nearly 30 years. We provide professional accounting services. Additionally, our legal department can guide you how you can sell your products on Amazon Europe in accordance to Slovenian legislation.
Amazon Europe is one of the largest sales channels in the world – take advantage of it
Amazon is a sales channel with an extremely wide sales reach. Hence a very lucrative platform for companies who want to sell their products on line. In addition to selling your own products, you can also use their platform to make drop-shipping sales. You can even serve as an advertising space broker. In 2019, Amazon reported more than 280 billion dollars in net sales. Most of this was the retail sector.
Amazon enables sales with lower logistics costs
Selling through Amazon Europe has not been possible until this year due to their procedures not complying with Slovenian anti-money laundering and terrorist financing legislation (ZPPDFT-1). Since February this year, MGRT and Amazon Europe representatives have finally been able to resolve bureaucratic obstacles. This enabled sales on the Amazon plaform to Slovenian companies as well.
Selling through Amazon now enables Slovenian companies to access global markets without any special logistical costs and obstacles.
How can you participate on the platform with your Slovenian company?
In order to sell through Amazon Europe, you first need to register an appropriate legal form. Foreigners can register an LTD company in Slovenia with 7500€ share capital. During the company registration, the consultant on the VEM point has to insert the right business activity in your company’s act of establishment. Online or mail order sales fall under in the activity “Retail sale via mail order houses or via the Internet” (SKD code 47.910). The activity is not specifically regulated and does not require special education for its performance.
Online sales where products are delivered by mail (and there is no personal pick-up by customers) are also considered to be a silent activity and consequently do not require the use of an operating permit for the business address.
Do not hesitate and seize the opportunity to start selling your products on Amazon Europe with a company in Slovenia. For more information on company registration in Slovenia, EU, you can write to our email [email protected]. You can also contact us over the phone 00386 1 6006 270 or 00386 40 530 718 (Viber, WhatsApp). You can also follow us on Facebook.