EU shipments made easy with Crossborderit's IOSS representation
December 16, 2022
If you are an online retailer outside the EU, you cannot register directly on the IOSS portal, you will need an EU registered IOSS representative who can assist you with VAT in all 27 EU states.
However, intermediaries such as Crossborderit are onboarding clients and setting up processes with a better understanding of the rules and systems.
It is important to emphasize that if the seller is not registered with IOSS, the buyer must pay VAT and usually a customs clearance fee charged by the carrier.
What are the benefits that an IOSS intermediary can provide you with?
Accelerated customs clearance: the IOSS system will help avoid delays at customs because VAT is collected at the point of sale.
Simplified compliance for traders: e-commerce sellers and marketplaces can use a single IOSS registration to declare and pay VAT on all low-value shipments at $150.
Simplified logistics: goods listed on the IOSS with the appropriate HS codes can move freely within the EU, so they can be imported into any member state and then transported to their final destination.
Crossborderit (CBIT) will help you simplify VAT compliance across the EU.
CBIT has it covered for you. With easy onboarding and simple, flat shipping rates, it will be a breeze to calculate duties, collect them and even pay them for you. In addition, CBIT offers simple DDP for these solutions for an excellent hassle-free customer experience.
On top of this, CBIT easily integrates with Shopify and WooCommerce (Magento coming soon) based stores, allowing retailers to calculate duties at checkout, report shipments using their CBIT IOSS number and enter EU countries under the new "Import One Stop Shop" rules.