Do you have a webshop? Submit a single VAT return via the OSS System!
Does your webshop sell to EU individuals? Switch to OSS System until July 1, 2021!
One-Stop Shop benefits
1. One VAT return to rule them all
Your administrative burdens will be reduced by the OSS System, which makes it possible to submit a single VAT return to the National Tax and Customs Administration of Hungary.
2. A single domestic transfer
The entire amount of tax can be paid to a single tax authority which will then forward the respective taxes to the relevant tax authorities.
Switch to One-Stop Shop System with us!
VAT experts of RSM Hungary can help with:
- managing your webshop OSS System registration;
- preparing your company’s VAT return via the OSS portal;
- canceling your VAT registrations in other EU Member States that have become redundant as a result of registering for the OSS.
The VAT rules concerning distance sales will be subject to considerable changes as of 1 July 2021. Webshops that sell to individuals in the other EU Member States will benefit the most.
The One-Stop Shop (OSS) system offers simple, efficient, and one-stop electronic administration for taxpayers involved in distance sales in the Member States of the European Community to customers who are not subject to VAT (value-added tax).
