The Import One Stop Shop (IOSS)
Deliveries are considered drop shipments if no local fulfilment centre is used and there is no consolidation of stock in the EU. The item is imported from outside the EU and delivered directly to the customer in an EU country.
IOSS simplifies the collection and declaration of VAT for drop shippers. The Import One Stop Shop (IOSS) specifically applies to goods valued at no more €150. Read our articles on the IOSS below and learn how Vatglobal can assist your e-commerce company to become VAT compliant.