Crossborderit (CBIT) acts on behalf of non-EU sellers
December 16, 2022
While the new special regimes seek to simplify the formal VAT obligations for ecommerce operators, in order to be able to make use of them from the outset, it is necessary to comply with a series of complex identification and registration obligations.
What is an intermediary
An Import One Stop Shop (IOSS) intermediary acts as a tax liaison between the IOSS scheme and remote sellers (specifically electronic interfaces such as e-tailers and web-based marketplaces) to manage the declaration and payment of VAT due by a business or taxable person to the relevant tax authority.
That's what we do at Crossborderit - we collect, report, pay and manage compliance for you!
Non-EU operators making distance sales of imported goods will be obliged to appoint an intermediary who will act in their name and on their behalf and who will be the holder of the legal-tax relations arising from the special import regime.
Crossborderit can take care of this without any problem
Fortunately for Shopify merchants, Crossborderit CBIT is internalized with the app along with Shopify's tax and duty calculator that allows merchants to calculate taxes at checkout, report shipments using their CBIT IOSS number and enter EU countries under the new "one stop shop" rules.
With easy onboarding and simple, flat shipping rates, it will be very easy to calculate duties, collect them and even pay them for you. Plus, CBIT offers simple DDP for these solutions for a great, hassle-free customer experience.
Discover the power of Shopify and Crossborderit for IOSS.