Hundreds of domestic webshops can commit infringements
It is difficult for them to comply with the law, so hundreds of domestic online shops often risk million HUF worth fines – was said at the conference of EY. An upcoming EU directive could pose further challenges for e-commerce players.
International and domestic e-commerce is growing enormously every year. In the European Union, the number of packages worth less than 22 euros (VAT-free level) has already reached 200 million pieces in 2015, while more than 70 million pieces above this threshold are transported annually. The volume of goods ordered is increasing by 15 percent year on year, and webshops are playing an increasingly important role in the commerce sector – was said at the industry-specific conference of EY.
Related news
Amazon brings same-day perishable food delivery to 1K cities and towns
The retailer plans to expand the service, which allows shoppers…
Read more >Alcampo Launches ‘Innovative’ Advertising Campaign
Spanish hypermarket chain Alcampo has launched an outdoor advertising campaign…
Read more >Wholesale platform Faire expands in Europe
Faire, an online wholesale platform from the United States, is…
Read more >Related news
Egg market 2025: price increases and opposing trends in the world
In the third quarter of this year, a decline in…
Read more >Eurozone inflation remains at 2 percent in July
After June, annual inflation in the eurozone was 2 percent…
Read more >Nearly two-thirds of Hungarian SMEs plan to raise salaries in the next 12 months
65 percent of small and medium-sized enterprises (SMEs) plan to…
Read more >