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Show HN: Fruits – Sell digital products via your website, newsletter, etc

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Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#71

Post by emteycz »

brtkdotse wrote: post #70
emteycz wrote: post #63

Earlier quoted context omitted.

This thread (and it being upvoted to the top) is a prime example of why there isn't any Big Tech in EU - because we slam down even fun little startups with this legalese bullshit as soon as they appear.

"legalese bullshit" - you sell a product, you need to handle VAT. Every single business in the EU abides by this, why should a business be exempt just because they're on the internet?

That's not true, there's a rather large minimum until you need to think about VAT. 100k EUR/year where I live.

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#72

Post by mlatu »

emteycz wrote: post #69
mlatu wrote: post #68

Earlier quoted context omitted.

all i can hear is "if only the whole world was as unregulated as the US"-mimimi

Quoted post unavailable.

At least i got health insurance for my problem.

No insurance in the world will cover you when you ask a lawyer to explain the world to you.

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#74

Post by bryanrasmussen »

emteycz wrote: post #66
bryanrasmussen wrote: post #65

Earlier quoted context omitted.

The 24 Unicorns in Germany https://www.failory.com/startups/germany-unicorns

Yeah lol, 24? With the size of German economy it should be 240 or 2400, definitely not 24. (if it was irony then I'm sorry I didn't recognize it)

you're correct 240 if you say well the American economy is 10 times the size of the German (it's a little over 12 I think) but I wonder if we might see that the rate of German unicorns is growing at about the level it should be in recent years, that is to say the disparity in number of Unicorns is more Germany starting late than anything else.

Aside from that of course the EU has made it relatively clear it does not really want unicorns like Twitter or Facebook. So I mean if you take away PII violating companies from the mix then things might look more equal also - but perhaps that is more of that pesky legalese bullshit you seem to find onerous.

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#75

Post by huhtenberg »

Hackbraten wrote: post #36

As a creator of digital products: great site, congrats! As a consumer: PayPal only? I’m outta here. I don’t like my money randomly frozen on a whim. Are you folks planning to offer Giropay for the consumer side? That’s pretty much the only payment service I can use nowadays.

PayPal allows paying with a credit card without needing to create an account.

If the OP doesn't have this, there's literally a checkbox for this in the merchant's settings on the PayPal's admin panel. The drawback however is an elevated risk of fraud.

Edit: ... and they don't have this enabled - https://fruits.de/c/v9kgq

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#76

Post by donjoe »

Aillustrator wrote: post #45

How will taxes be handled? I am in Europe. That means every time I sell something, I need to charge taxes depending on the country of the buyer. And once a year, I have to make a report for the tax authorities with all the revenues I made with all the countries. Does fruits abstract that away somehow?

This!

fruits will:

- charge the buyer with the applicable tax between fruits (company in Germany) and the buyer in Country XYZ

- each buyer will receive an invoice (issued by fruits)

- the seller will receive a single credit note for all sales within that month targeting a German company (fruits)

As I can see from the comments (above and below), we need to come up with a way explaining intl taxation more thoroughly.

Disclaimer: I am the developer and not the tax attourney. In case you do have any questions, feel free to contact us (or me) and we will set up a meeting with our Tax-Daniela which will be able to explain taxation-related tasks in detail with a proper legal background :-)

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#77

Post by andybak »

It sends you a code that expires and there's no way to request another.

In general - please let codes last at least an hour or so. I always get distracted waiting for the code and have to request another one - often several times. Unless you can guarantee instant code delivery (which you probably can't) then I am going to go off and do something else and I probably will forget to check for a while.

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#79

Post by a2128 »

huhtenberg wrote: post #75
Hackbraten wrote: post #36

As a creator of digital products: great site, congrats! As a consumer: PayPal only? I’m outta here. I don’t like my money randomly frozen on a whim. Are you folks planning to offer Giropay for the consumer side? That’s pretty much the only payment service I can use nowadays.

PayPal allows paying with a credit card without needing to create an account. If the OP doesn't have this, there's literally a checkbox for this in the merchant's settings on the PayPal's admin panel. The drawback however is an elevated risk of fraud. Edit: ... and they don't have this enabled - https://fruits.de/c/v9kgq

Content creator payouts are also paid through PayPal, so unless there's another feature I'm not aware of, it seems PayPal will get the opportunity to freeze the money either way.

Re: Show HN: Fruits – Sell digital products via your website, newsletter, etc

#80

Post by donjoe »

ar0 wrote: post #34

Great idea. However, I think you need to be careful in the VAT area not to overpromise: I selected “selling from Switzerland to Switzerland” and your calculator quoted a VAT of 0%, which is of course false (selling stuff in Switzerland requires deducting 7.7% VAT). My guess would be that you only cover VAT within the EU, but of course there are VAT regimes outside of the EU too; so “we also take care of VAT collectio…

disclaimer: developer, not tax attorney :-)

Our connected tax office figured out taxation concerning international transactions. Why and how different taxation rules apply depends on a couple of instruments and setups such as reverse tax charges, MOSS and others.

It basically burns down to fruits:

- charging the buyer with the applicable tax between fruits (company in Germany) and the buyer in country XYZ

- each buyer receiving an invoice (issued by fruits)

- the seller receiving a single credit note for all sales within that month targeting a German company (fruits)

We will have to clarify taxation as I can see from comments in this thread - thanks for your input!

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