IOSS – import distance selling
Does your webshop sell goods imported from third countries to EU private persons in a value not exceeding 150 Euros? Switch to the IOSS (Import One Stop Shop) system from 1 July 2021!
IOSS consulting
Advantages of the IOSS system
1. One VAT return to replace all
With the help of the IOSS system, your administrative burdens will reduce as it is sufficient to file only one tax return with the state tax authority concerned.
2. One consolidated transfer
The tax payment obligation of your webshop can be fulfilled by a single consolidated transfer that will be broken down and forwarded to the member states concerned by the state tax authority.
Switch to the IOSS system with us!
The tax advisors of RSM provide the following services to webshops:
- We register your webshop in the IOSS system.
- If your company is established in a third country and imports goods to Hungary this way, we will act as your IOSS representative (agent).
- We prepare your company's IOSS VAT return.
- We support you in establishing the VAT payable and cooperate in the transfer if requested.
Optimize the taxation of your webshop! The OSS/IOSS, i.e. the One Stop Shop/ Import One Stop Shop system launched on 1 July 2021 supports webshops by allowing them not to register for VAT purposes and file tax returns separately in each member state concerned by their sales. If your webshop needs OSS or IOSS registration, do not hesitate to contact the experts of RSM Hungary! ask for a proposal!