Amazon.ie (Ireland) Launches in 2025
Amazon is gearing up to make waves in Ireland with the launch of its dedicated platform, Amazon.ie, in 2025. While the exact launch date remains under wraps, this development is expected to completely transform Ireland’s e-commerce market. We will take a closer look at Amazon’s history in Ireland in this blog post, along with how the new platform will help small and local businesses there.
Amazon’s Irish Journey
Amazon has been part of the Irish business ecosystem for nearly two decades. Its first office in Ireland opened in 2004, followed by a Customer Service Centre in Cork in 2006. By 2022, the company unveiled a sprawling Fulfillment Center in Baldonnell, Dublin, covering over 50,000 square meters. This facility underscores Amazon’s commitment to enhancing logistics for businesses and consumers alike.
Today, Amazon employs more than 6,000 people across Ireland, contributing significantly to the local economy.
Empowering Irish Entrepreneurs with Amazon.ie
Until now, Irish sellers had to rely on international Amazon platforms, such as Amazon.co.uk, to reach their customers. The launch of Amazon.ie changes this dynamic, offering a localized platform tailored to Irish consumers. For small and medium-sized businesses, this presents a unique opportunity to expand their reach within the local market. Before the official launch, over 1,000 Irish SMEs were already selling on Amazon’s global platforms, generating export sales exceeding €150 million in 2022. With Amazon.ie, these companies can reach a growing client base and significantly optimize their operations.
Innovative Logistics with An Post Partnership
Amazon has partnered with An Post, Ireland’s national postal service, to ensure seamless delivery across the country. This five-year agreement leverages An Post’s extensive network and expertise, paving the way for reliable and efficient logistics.
Getting Ready to Sell on Amazon.ie
For businesses aiming to capitalize on the opportunities offered by Amazon.ie, preparation is key. Here are some crucial steps to consider:
- VAT Compliance: Registering for a VAT number is essential for businesses operating on Amazon.ie.
- Selecting a Fulfillment Model: Choose between Fulfillment by Amazon (FBA) or Fulfillment by Merchant (FBM) based on your logistics and operational needs.
- Adapting Product Listings: Make sure customer service and product descriptions are appropriate for the Irish
market.
Managing VAT and Storage Requirements
Sellers planning to store inventory in Ireland must meet specific VAT obligations. Amazon mandates valid VAT numbers for goods stored in its Irish Fulfillment Centers. Businesses also need to document any cross-border movement of goods to ensure compliance with EU regulations.
If inventory is stored outside Ireland but sold to Irish customers, sellers must monitor the €10,000 EU distance selling threshold. Crossing this threshold requires VAT registration in Ireland or opting for the VAT OSS system for simplified reporting.
Choosing Between FBA and FBM
- Fulfillment by Merchant (FBM): Sellers handle packing, shipping, and returns independently, offering full control but requiring more resources.
- Fulfillment by Amazon (FBA): Amazon manages storage, packing, and shipping, making logistics simpler but at a higher cost.
Each model has its pros and cons, and the choice will depend on your business’s strategy.
Simplifying Invoicing and Compliance
Issuing VAT compliant invoices is mandatory for sellers on Amazon.ie. Businesses can simplify this process by utilizing automation tools, such as Amazon’s invoicing solutions.
How FZCO Accountants Can Assist
Understanding VAT registration, compliance, and accounting requirements can be complex. We at FZCO Accountants Limited are experts at assisting companies in overcoming these obstacles. From securing a VAT number to ensuring full compliance with Irish tax laws, our team is here to support you.
Looking Ahead: The Potential of Amazon.ie
The launch of Amazon.ie is a game-changer for Irish businesses, providing them with a powerful platform to connect with customers and grow their operations. However, success will require careful planning and adherence to regulatory requirements.
If you are ready to explore the opportunities offered by Amazon.ie, contact FZCO Accountants Limited today. Let us guide you through the complexity of VAT and e-commerce accounting, so you can focus on building your business.