Maybe you have got an email with regards to eBay User Agreement?

You have received an email talking to User Privacy Notice your User Agreement, and eBay Agreements if you are selling on eBay. We've seen several users asking about any of it we chose to describe.
In 2016, we began the process of realigning our legal structure to better reflect how we manage and operate our platforms.

As a result, starting 1 June 2018, eBay users residing in any country but the USA, Canada and the European Union will begin contracting with eBay Marketplaces GmbH, Helvetiastrasse 15/17, 3005 Bern, Switzerland, for their User Agreement, Billing Agreements, and any other agreements that they might have previously had with eBay International AG.

Well, all we really have to know is that a brand new e bay has started a new company in Switzerland, and also most of sellers not residing in the US, Canada or the European Union will obtain their invoices from the brand new company (eBay market places GmbH), and also their own payment will likely be out for it well. There is not anything you must accomplish in your accounts. It all happens automatically.
Are you living in Taiwan, Turkey, Norway, Switzerland or Liechtenstein?
If you are, starting you may well be charged with VAT on the prices that you pay your invoice. Check your bills to determine whether you are already being charged or not. There will not be no effect if you do pay for it.
As a consequence of the change of your eBay contracting entity, eBay Marketplaces GmbH will also be your new data controller for the purposes of our User Privacy Notice. eBay Marketplaces GmbH will continue to maintain your data in accordance with our global privacy standards, known as our Binding Corporate Rules.

Considering more info the GDPR (the brand newest data protection law) will enter only 1 week prior to this update, it's reasonable to believe they're connected. If you would like to know more about this GDPR, then you may go to its official site.

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