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.
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.
If you use the EU’s new Import One Stop Shop (IOSS) to sell goods in Northern Ireland, you should notify UK authorities to ensure you don’t pay import VAT at the border. That’s according to guidance issued by HMRC. What
How you deliver your products to your customers is the most important consideration. In general, there are 3 ways you can sell to customers in Europe Delivery from outside the EU/UK direct to customer (“Drop shipping”) Local fulfilment from a
The VAT and customs laws in Europe have changed drastically in 2021. Brexit and a new EU VAT package have created complexities that could strangle the traditional e-commerce dropshipping model. Import VAT, customs duties and customs declarations are eroding sellers’
For e-commerce sellers that drop ship to customers in the EU, the new Import One Stop Shop (IOSS) is welcome news. However, while the IOSS simplifies VAT compliance, meeting the requirements of the IOSS is still technically demanding. But luckily, Vatglobal’s
The new Import One Stop Shop (IOSS) makes VAT compliance much simpler for companies that import goods for sale to customers in the EU. However, if your business is not established in the EU, you will generally be required to appoint
Businesses that decide to take advantage of the Import One Stop Shop (IOSS) must register for the IOSS through the portal of an EU member state. But what, precisely, does it mean to have an IOSS registration? Businesses based outside
The Import One Stop Shop (IOSS) provides significant benefits at each stage of the import and sales process. When you drop ship, the IOSS makes your imports more efficient. With the IOSS, VAT registration and compliance is greatly simplified. And
Picture the scene. You’re scrolling on your phone late at night. You should be in bed, but you’ve got yourself caught up in an argument on social media. Or you’ve gone down a Wikipedia vortex and now you’re an expert
One of the quirks of drop shipping is that customers often don’t know exactly how much they’re going to end up paying. The courier arrives with your shiny new pair of trainers but then won’t hand them over until you
Do you know that if you import low value goods into the EU, you need to start thinking carefully about VAT compliance. But why? Let’s start with the short answer. From 1 July, all commercial goods imported into the EU
