You need to be familiar with the rules if you wish to sell on Amazon Canada. This article will explain the steps required to sell on Amazon Canada. Find out about the tax implications of your products and how to get them to Canada. Also, learn how to ship products directly to Amazon FBA Fulfillment Centers.
Canada Taxes on Amazon Sales
The taxes for selling on Amazon Canada vary depending on where you live and what products you are selling. You will need to collect sales taxes if you make more than $30k per quarter. You will need to register for GST and HST with the government within four weeks. You can use the government tax calculator to determine if sales tax is required.
You will need to pay GST/HST when selling on Amazon Canada. You will need to pay an additional FX charge if you are selling in the US. You will need to convert your profits into Canadian dollars to avoid the US tax.
How to get your products on Amazon Canada
Amazon Canada has many benefits for international entrepreneurs. Because there are fewer competitors and a smaller market, you can set a higher price. The currency difference is also huge. The Canadian dollar is more valuable than the US dollar. This means you can make significant amounts of money.
You may consider hiring an agency to assist you in the difficult process of expanding your business to Canada. First, you will need a Canadian address. To forward your inventory to Amazon fulfillment centers, you can use a Canadian 3PL company. You should be aware of Canada’s inventory limits.
Ship directly to Amazon FBA Fulfillment Centers
You can save time and money by shipping directly to Amazon FBA fulfillment centres. You can label your boxes and schedule a UPS pickup. Then you can choose which inventory to ship. After you have selected the items that you wish to ship, you will be able to confirm your shipping information and agree to the charges before the items are shipped.
Amazon’s fulfillment centers can be found in many cities around the globe. Each center has its own processing facilities. They offer excellent customer service and are available to help customers 24 hours a day. It is important to pick a convenient location.
To sell on Amazon Canada, you will need an import-export bank account
Amazon Canada is a great place to grow if you are a seller in the US. This market is huge with annual sales of C$3.5 billion. It is crucial that US sellers get involved as soon as possible. The Amazon North America Unified Account is a solution for US sellers who want to tap into growing markets in Canada, Mexico and other countries.
You will need to open an account in either the U.S. or the Canadian markets before you can get started. Although it is not necessary to have an account in each market, having one account across all three will allow you to track your finances.