If you want to sell on Amazon Canada, you need to know what the rules are. In this article we will cover the main steps to start selling on Amazon Canada. Learn about the taxes that apply to your products, how to get your products to market in Canada, and how to ship your products directly to Amazon FBA Fulfillment Centers.
Taxes for selling on Amazon in Canada
Taxes for selling on Amazon in Canada differ depending on your province and the products you sell. If you sell more than $30k in a quarter, you’ll need to collect sales tax. In addition to sales tax, you’ll need to register with the government for GST or HST within four weeks. If you’re not sure if you’re required to collect sales tax, you can use a government tax calculator to find out.
When selling on Amazon in Canada, you’ll need to pay GST or HST, which you must pay to the Canada Revenue Agency (CRA). If you’re selling in the US, you’ll need to pay an additional FX fee when converting to USD. To avoid paying the tax on US purchases, you’ll need to convert your profits to Canadian dollars.
Getting your products to market on Amazon in Canada
Amazon Canada offers a variety of benefits for international entrepreneurs. The market size is much smaller, and there are fewer competitors, which allows you to set a higher price. In addition, the difference in currency is enormous. This means that the Canadian dollar is worth more than the US dollar. This means that you can make a significant amount of money.
If you’re thinking of expanding your business into Canada, you may want to hire an agency to help you navigate the complicated process. First of all, you’ll need to have a physical Canadian address. Second, you can use a 3PL company in Canada to forward your inventory to Amazon’s fulfillment centers. However, you’ll have to be aware of the inventory limits in Canada.
Shipping directly to Amazon FBA Fulfillment Centers
Shipping directly to Amazon FBA fulfillment centers can save you time and money. This service allows you to label your boxes, schedule a UPS pickup, and choose which inventory you want to send. Once you’ve chosen the items you want to ship, you can confirm the shipping information and accept the charges before your items are shipped.
Amazon’s fulfillment centers are located in multiple cities around the world. Each one has different facilities for processing orders. They also provide excellent customer service and help customers around the clock. You’ll have to make sure to choose a location that is convenient for you.
Setting up an import-export account to sell on Amazon in Canada
If you’re a US seller who wants to expand into Canada, the Amazon Canada marketplace offers many opportunities for growth. It’s a huge market with C$3.5 billion in annual sales, so it’s crucial for US sellers to get involved early. Amazon has a solution for US sellers looking to tap into the growing markets in Canada and Mexico: the Amazon North America Unified Account.
Before you get started, you’ll need to open an account in the U.S., the Canadian market, and any other marketplace where you plan to sell products. While it’s not necessary to open an account in every single market, having a single account in all three marketplaces will help you track your finances across markets.
