How does IOSS help me?

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Breaking down barriers with the EU's IOSS

The European Union (EU) presents a vast and lucrative market for businesses. However, the VAT (Value Added Tax) obligations associated with selling goods into the EU can be complex and time-consuming to manage. That's where the EU's Import One-Stop Shop (IOSS) comes in - it's a scheme designed to simplify your VAT obligations, making selling into the EU easier than ever before.

Simplifying VAT Obligations

IOSS allows you to register for VAT in just one EU member state. This registration covers all 27 EU members, greatly reducing your reporting requirements and leaving you more time to focus on selling. Moreover, IOSS facilitates quicker, more efficient customs clearance, meaning your goods get to your customers faster, improving their experience.

Enhancing Your Customers' Experience

Beyond simplifying VAT obligations, IOSS also enhances your customers' experience. With IOSS, VAT is charged at the point of sale, rather than at the point of import. This means your customers can see the full cost upfront, with no surprise import fees to pay upon delivery. It also facilitates faster 'Green Clearance' through customs, meaning fewer shipping delays.

Protecting Your Bottom Line

IOSS is more than a tool for simplifying VAT - it's a strategy for protecting your bottom line. By reducing compliance costs, reclaiming VAT on refunds, and removing import VAT payments, IOSS can enhance your business's profitability. Plus, for consignments with a value below €150, there's no customs duty to pay.

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How MyIOSS Can Help

At MyIOSS, we understand that as a business owner, your time is valuable. That's why we're committed to helping you take full advantage of the benefits of IOSS, without the administrative hassle.

We offer a quick, affordable IOSS registration service that gets you trading with the EU in just 3 days for a flat fee of €50. We also guide you through the process of calculating and charging VAT at the point of sale, and assist with filing your monthly IOSS returns.

By choosing MyIOSS, you can reduce your VAT-related compliance costs, improve your customers' experience, and protect your bottom line. Contact us today to get started with your IOSS registration.

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