OSS / IOSS
You can register for the IOSS with Global VAT Compliance. Just speak to one of VAT experts and we will make sure your company is VAT compliant depending o...
Wed, 14 Jul, 2021 at 11:40 AM
If you are already VAT registered in an EU member state and you are not using a warehouse there in principle you can de-register from this country and only ...
Tue, 13 Jul, 2021 at 2:07 PM
Yes, this registration must be kept as regulations on consignment warehouses remain unaffected by the new VAT rules. As a result the company must keep its r...
Tue, 13 Jul, 2021 at 2:09 PM
It is possible to use the One Stop Shop procedure starting 2022. However, this is not recommended, as exceeding the current threshold of EUR 10,000 will res...
Tue, 13 Jul, 2021 at 2:08 PM
The OSS tax payment is made once as a total for all countries.
Tue, 13 Jul, 2021 at 2:08 PM
Yes, B2B transactions can not be processed in the OSS and they should be recorded in the local advance return.
Tue, 13 Jul, 2021 at 2:08 PM
There is no longer an obligation to issue invoices for cross-border distance sales declared via the OSS.
Tue, 13 Jul, 2021 at 2:08 PM
When a seller sells to more than one EU member states then the OSS schemes can be very beneficial. More specifically a seller can benefit from: - All ...
Tue, 13 Jul, 2021 at 2:02 PM
Companies using Amazon Pan EU Fulfilment service will require to keep their local VAT registrations where stock is kept. Cross-border stock transfers will n...
Tue, 13 Jul, 2021 at 2:03 PM
In short the changes that took place after July 2021 are: - Removing the distance selling thresholds for sales of goods and setting a unified threshold of ...
Tue, 13 Jul, 2021 at 2:04 PM