Get to Know Our Compliance Solution for the UK

With the UK’s official withdrawal from the European Union, relations between British and EU-based traders took new commercial, political and even social directions. Currently, countries on both sides are struggling to comply with numerous new rules and requirements that have added more complexity to the flow of goods in the region. Although economic agreements facilitate […]

Streamlining IOSS Compliance: How Automation Simplifies VAT Reporting

The implementation of the Import One-Stop Shop (IOSS) scheme in the European Union has revolutionized how businesses handle Value Added Tax (VAT) for cross-border e-commerce. IOSS allows companies to collect and remit VAT at the point of sale, simplifying the process and improving the customer experience. However, complying with VAT regulations can still be complex […]

Are IOSS and ICS2 the same?

Without much ado, the answer is no. Although they are both related to cross-border eCommerce, IOSS (Import One-Stop Shop) and ICS2 (Import Control System 2) are two separate systems with different purposes. Import One-Stop Shop (IOSS) IOSS is a simplified VAT payment system that was introduced in the EU in July 2021. It allows businesses […]

The ViDA Proposal: Revolutionizing VAT in the Digital Age

The European Commission’s proposal on VAT in the Digital Age (ViDA) marks a significant step toward modernizing the European Union’s VAT system. Unveiled in December 2022, ViDA aims to address the challenges posed by the digital economy and streamline VAT processes across EU member states. This blog post provides a concise overview of the key […]

IOSS and Customer Experience: How it Affects Online Shoppers

In the dynamic world of e-commerce, where global transactions are the norm, the Import One-Stop Shop (IOSS) has emerged as a key player in reshaping the customer experience. This blog post explores the intersection of IOSS and customer satisfaction, delving into the ways this VAT compliance mechanism can influence and enhance the online shopping journey […]

IOSS vs. OSS: Understanding the Difference

The landscape of international trade and e-commerce is constantly evolving, and businesses engaging in cross-border transactions must navigate through various regulatory frameworks. Two significant components that have garnered attention in recent times are the Import One-Stop Shop (IOSS) and the One-Stop Shop (OSS). In this blog post, we will delve into the key differences between […]

IOSS: Impact on Cross-Border E-commerce

In the ever-evolving landscape of e-commerce, the Import One-Stop Shop (IOSS) has emerged as a transformative solution, significantly impacting businesses engaged in cross-border transactions. Understanding the implications of IOSS is crucial for e-commerce players looking to navigate the complexities of international trade seamlessly. This blog post explores the profound impact of IOSS on cross-border e-commerce […]

IOSS for Small Businesses: Everything You Need to Know

In recent years, the global e-commerce landscape has undergone significant changes, especially with the rise of cross-border transactions. Small businesses, particularly, have found themselves navigating various regulations and compliance requirements. One such development is the introduction of the Import One-Stop Shop (IOSS), a game-changer for businesses involved in international trade. This blog post will delve […]

Unlocking Business Success: The Benefits of Using IOSS

In the fast-paced world of e-commerce, businesses constantly seek innovative solutions to streamline their operations and enhance customer satisfaction. One such solution gaining prominence is the Import One-Stop Shop (IOSS). This system, implemented by the European Union, offers numerous benefits to businesses engaged in cross-border trade. In this blog post, we’ll delve into the advantages […]

New EU Customs Reforms to Impact Shoppers and eCommerce Giants

The European Union (EU) is introducing significant customs reforms in the e-commerce sector, aiming to address fraudulent practices and streamline the import process. These reforms will affect shoppers purchasing goods valued under €150 and will also target eCommerce giants like Amazon, preventing them from imposing hidden fees and unexpected paperwork on customers. In addition to […]