Drop shipping is defined as the form of trade in which goods are sent directly from the supplier to the customer without the seller picking them up at all. Specifically, the seller instructs his supplier to prepare the order he has received from his customer and send it directly to the address he will indicate.

China's economic boom in recent years has led to the flourishing of the above process as there aspiring Drop Shippers can find the right suppliers to support them, at extremely low prices. There is even the possibility of creating stock in supplier warehouses, in order to gain an advantage in price and delivery times. The example of China, of course, is not restrictive, as this form of trade can be exercised by any country on the planet that has a supplier available to support it.

For this process, 3 basic questions arise:

1. Do I need to start work?
2. Do I have to pay income tax on my winnings?
3. What about VAT? Do I have to cut receipts for my sales?

The answers to all 3 questions are specific and simple. Drop Shipping according to Greek tax and accounting legislation must be exercised through a business and income tax must be paid on the profit arising from it. Regarding the issue of VAT, the answer depends on the country of establishment of the supplier.

The specialized team of "OptimusTax" can provide you with all the necessary solutions for the proper implementation of the commercial practice of Drop Shipping in accordance with Greek tax and accounting legislation, with the lowest tax cost for you.