Let Crossboderit handle IOSS for you
Published 17 June 2021
July 1st is fast approaching and many online merchants who ship to the European Union while outside of the EU still do not have an IOSS representative. Fortunately, there is still time to request Crossborderit's easy, reliable and effective representation.
If you are still unclear of the context, the EU has created the Import One Stop Shop (IOSS) with the intention that online merchants fulfill their e-commerce obligations with VAT on distance sales of less than 150 Euros.
This means that if you are not based in the EU you will need to enlist the help of an IOSS representative such as CBIT to handle your IOSS entries and compliance with the new rules.
Retailers will be able to collect VAT on sales made by their customers (of low value), and report it to the carriers so that they can inform customs when the goods are imported into the EU.
If you are still unclear of the context, the EU has created the Import One Stop Shop (IOSS) with the intention that online merchants fulfill their e-commerce obligations with VAT on distance sales of less than 150 Euros.
This means that if you are not based in the EU you will need to enlist the help of an IOSS representative such as CBIT to handle your IOSS entries and compliance with the new rules.
Retailers will be able to collect VAT on sales made by their customers (of low value), and report it to the carriers so that they can inform customs when the goods are imported into the EU.
Make Crossboderit your e-commerce VAT partner
- Do you want to streamline your VAT processes?
- Want to improve your customers' experience?
- Do you want to make sure your customers are always VAT compliant and do not receive extra costs?
- Do you want to make customs simpler?
Contact the Crossboderit team to get the advice you need on the new IOSS. CBIT has it covered for you. With simple onboarding and flat, simple shipping rates, it will be a breeze to calculate duties, collect them, even pay them for you. Plus CBIT offers simple DDP for these solutions for an excellent hassle-free customer experience.
Sign up with Crossborderit and ship hassle-free.
Sign up with Crossborderit and ship hassle-free.
