FISCAL INTERMEDIARY SERVICES
IOSS, OSS, FISCAL REPRESENTATION
SLASH COSTS, RED TAPE & PROTECT YOUR BRAND!
SIGN UP TODAY!
WHAT IS IOSS?
All goods entering the EU are subject to VAT irrespective of their value (the previous €22 threshold has been scrapped). IOSS is a new system for collecting and paying VAT on all goods with a value of less than €150 imported into the EU. A single IOSS registration covers all the EU Member States you sell to!
Do you sell goods valued at less than €150 to the EU? If so IOSS is for you!
But most importantly, IOSS costs per package are a tiny fraction of DDP, making IOSS the DDP-killer!
BENEFITS OF IOSS
The Cheapest Way to Send your Goods!
Our starting rate costs an average of €0.06 per package,
and the more packages you send, the cheaper it gets!
Are you paying more than €0.06 per package for red tape, expensive DDP charges and the destruction of your brand? IOSS is a no-brainer!
Single VAT Registration!
A single IOSS registration covers VAT returns in 27 EU Member States, so you can focus on sales and growth, while we handle your VAT returns for you!
VAT on Checkout!
For UK businesses and their EU customers it is a return to business as usual! VAT collection is at checkout, where your EU customers expect it, but at their national VAT rate applied directly. Make sure you improve your company's liquidity by collecting VAT at checkout!
Why pay excessive DDP shipping rates and surcharges when you don't have to? DDP costs are akin to modern highway robbery!
Protect your Brand!
Don't destroy the brand you've worked hard to create by passing on VAT obligations and higher costs to your customers!
Cheaper Carrier Costs
As carriers switch to IOSS-clients to reduce their costs and red tape, it will be become increasingly difficult and more expensive to ship any other way. One of the ways carriers will encourage their clients to adopt IOSS is to offer them better shipping rates.
IOSS was designed for smoother business operations and a quicker customs release, meaning faster delivery times for your customers.
HOW IT WORKS
1. VAT Collection
Country-specific VAT rates can now be applied at checkout. Inform your customers that you are IOSS-compliant, so they can shop with confidence without unpleasant delivery surprises!
2. Sales Data Verification
You send us your sales data on a weekly basis, so we can track your IOSS obligations and input and verify your data.
3. IOSS Intermediary
EUify IOSS will calculate and manage your monthly VAT obligations and liaise with the Dutch tax authorities on your behalf.
4. VAT Returns & Payments
EUify IOSS will file your VAT returns and payments on a monthly basis, ensuring uninterrupted deliveries to your customers.
ROADMAP TO IOSS REGISTRATION
MEET THE CUSTOMER
Before we can register you for IOSS, we need to get to know you and your company better, as we will be responsible for both collecting VAT from you and paying your import VAT. As part of our responsibility to the Dutch Tax Authorities, we are required to carry out due diligence on our clients with a " Know Your Customer Procedure".
IOSS was set up not only for VAT simplification but also to combat VAT fraud. We are committed to helping genuine businesses operate as effectively as possible, and ensuring that we play our part in combatting VAT fraud. That’s why, as an EU intermediary, we take our due diligence responsibilities very seriously and require the necessary documentation before taking your application forward. In the end we all benefit from a transparent and fair system that benefits genuine businesses.
The "Know Your Customer Procedure" is part of the registration process. Customer due diligence will be carried out on the basis of the information entered into the EUify-iOSS registration form by your company’s representative. You will receive the agreements required for our services upon acceptance. On receipt of your signed agreement(s) and payment of the required registration fee, we will register you as a non-EU based seller for the iOSS scheme with the Dutch Tax Authorities.
Once we have received and validated your registration details, we will calculate your estimated advance Import VAT payment. We will then send you our IOSS contract and invoice. After we have registered your company with the Tax authorities, we will issue you with your IOSS VAT ID and you can start shipping!
EUify is a one-stop-shop for third-country trading in the EU, providing a complete range of EU trade, tax and business administration consultancy services and solutions: Netherlands company formation, language services, warehousing & fulfilment as well as IOSS & VAT registration, reporting & returns.
We’re independent! Whereas most other IOSS services are offered by fulfilment centres and logistics operators, restricting you to their services, with EUify IOSS you are free to use whichever service best suits your needs - and your budget! Our pricing is transparent and most importantly, you can pick up the phone and talk to a human when you have questions!