How to Manage VAT and IOSS When Selling on Multiple Marketplaces
IOSS: Impact on Cross-border E-commerce
IOSS for Small Businesses: Everything You Need to Know
Are you a small business owner selling goods online to customers in the European Union (EU)? If so, you may have heard about the new Import One-Stop Shop (IOSS) system. IOSS is a game-changer for small businesses like yours, simplifying the VAT collection process and making it easier for you to sell to customers in […]
IOSS and Brexit: What You Need to Know
If you’re an e-commerce business selling to customers in the EU or the UK, you might have heard about IOSS and Brexit. IOSS, which stands for Import One-Stop Shop, is a new system introduced by the EU to simplify the collection and payment of VAT for cross-border e-commerce transactions. Brexit, on the other hand, is […]
IOSS vs Traditional VAT Compliance: Pros and Cons
The world of e-commerce has transformed the way businesses operate. With the rise of online shopping, cross-border transactions have become common, leading to new challenges for tax compliance. The European Union (EU) introduced a new VAT regime called the Import One-Stop Shop (IOSS) in July 2021. In this blog post, we will explore the differences […]
VAT Compliance in the EU: Tips for Non-EU Businesses
If you’re a non-European Union (EU) business looking to trade with the EU, it’s essential to understand the Value Added Tax (VAT) system. VAT is a consumption tax that applies to most goods and services sold in the EU. Non-EU businesses must navigate complex VAT rules and regulations to ensure compliance and avoid penalties. In […]
The Role of the European Single Market in Cross-Border eCommerce Compliance
The European Single Market is a key driver of cross-border eCommerce in Europe. It allows businesses to sell their products and services to customers across the EU without facing trade barriers such as customs duties or other restrictions. However, with the growth of cross-border eCommerce, businesses must also comply with various regulations and standards. In […]
The Role of e-Invoicing in Cross-Border eCommerce Compliance
With the growth of eCommerce, businesses are now able to sell their goods and services to clients all over the world. Cross-border eCommerce has many advantages but there are also many compliance issues that companies must deal with. Managing the invoicing process across various countries and legal systems can be very difficult. This is where […]
Can Businesses Still Get Registered for IOSS?
Yes, businesses can still get registered for IOSS. Considering that the 1st of July was not a deadline but when the system went live, businesses are still eligible to get registered for the IOSS under the scheme that best suits them. Check out below the rules to get your business in line with the new […]
Understanding Free Trade Agreements and Their Impact on eCommerce Compliance
Free trade agreements (FTAs) are an important aspect of international commerce, as they aim to reduce barriers to trade and promote economic growth by eliminating tariffs and non-tariff barriers between countries. In recent years, the rise of eCommerce has made it easier than ever for businesses to participate in cross-border trade, and free trade agreements […]