Everything You Need To Know For IOSS Trade In The EU
Is your business one of the 47% of UK businesses whose sales and revenue have been impacted due to a reduced or complete halt to trading with the EU?
IOSS, also known as Import One-Stop Shop, was introduced in 2021 to help simplify the collection and declaration of VAT in the EU. The electric portal will give you a single IOSS number for VAT registration in all 27 EU Member States, enabling you to pay via a single monthly payment and preventing the end customer from acquiring any unexpected charges.
Here’s the complete library of everything you need to know regarding trading under IOSS regulations in the EU.