IOSS Intermediary Service

IOSS (Import One-Stop Shop) is an EU VAT scheme designed for businesses selling goods valued at €150 or less to EU customers. It simplifies VAT collection and payment by allowing sellers to declare and remit VAT through a single intermediary.

No, VAT (Value Added Tax) is a consumption tax applied in the EU, while IOSS is a system that facilitates VAT collection and payment for non-EU businesses selling low-value goods to EU consumers.

Businesses selling goods under €150 directly to EU customers need an IOSS number to simplify VAT reporting. Both EU and non-EU sellers can benefit, especially when using an intermediary service.

Non-EU businesses must register through an IOSS intermediary, like Ship24, by providing business registration documents, ID of the legal representative, and a signed contract. EU-based businesses can register directly or via an intermediary.

Once registered, sellers must collect VAT at the point of sale, submit a monthly VAT report, and transfer the collected VAT to EU tax authorities. Ship24 streamlines this process with expert support and efficient tools.

Registration timelines vary. With Ship24, businesses can get their IOSS number in as little as 3 days, with most registrations completed within 4 days. This fast turnaround helps sellers begin operations quickly.

Ship24 offers competitive pricing for IOSS registration:

• One-time registration fee: €99 (paid via Stripe)
• Monthly intermediary service fee: €49
• Monthly 1% fee: Based on the total value of goods declared under IOSS

Sellers on marketplaces like Amazon can use the marketplace's IOSS number if applicable. For tailored solutions, Ship24 provides expert support and cost-effective services.