Choosing an official IOSS intermediary is not only important but crucial and time-saving for many businesses that have final consumers in the European Union. The new VAT system, which comes into force on 1 July, is part of the EU’s 2021 VAT reforms package, which forces traders to get registered for VAT IOSS promptly. The question is: what are the advantages of appointing an IOSS intermediary? We have the answers for you. Check them out here.
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READ MORE: My Duty Collect is Now an IOSS Intermediary
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MAIN ADVANTAGES:
- Quick & objective registration;
- Legal tax representation;
- Continual VAT submissions control;
- Streamlined VAT filings;
- Reliable tax expertise.
How to Appoint the Right Intermediary?
Companies around the EU have started offering intermediary services, however, it’s important to make sure that they are officially registered with the tax authorities in their country of establishment. A simple tax registration ID number is sufficient to prove the authenticity of the intermediary company.
Legal intermediaries established in Ireland must have an official IN number provided by Revenue and replicate it when negotiating with new customers. An agent link form with an ID number should be enough to legitimate the intermediary services.
Language can also play a huge role when choosing the right intermediary. It’s important to be able to read and be aware of the conditions you are dealing with because you will be transferring the responsibility of your VAT filings and submissions to another company.
We Are Here to Help You
As we are an official IOSS intermediary in Ireland, we can give you all the necessary support to get your company registered. The main advantage you will have when choosing us is the trustworthiness of an experienced cross-border taxes company based in one of the two remaining English-speaking countries in the European Union. Wait no longer.
Not sure how the new EU VAT IOSS system will affect you and your business? Subscribe to our blog and visit our website and LinkedIn page for more updates. You can also reach us by sending a message to info@mydutycollect.com. We will be delighted to hear from you.
