Are complex EU VAT regulations hindering your expansion into the EU?
Our full-service VAT solutions for OSS and IOSS streamline compliance, allowing you to focus on growing your business without the administrative stress.
WHY US
With a proven track record of helping businesses simplify their VAT processes, we are your trusted partner in navigating the complexities of compliance.
BENEFIT
A great little app that some of the big guns have clearly been taking their cue from. Looks like Incomee might actually be cleaner and simpler to use than competitors.
A great little app that some of the big guns have clearly been taking their cue from. Looks like Incomee might actually be cleaner and simpler to use than competitors.
A great little app that some of the big guns have clearly been taking their cue from. Looks like Incomee might actually be cleaner and simpler to use than competitors.
• Expertise and Support from the EU: As a full-service EU based Vat services firm rather than a software as a service vendor, we provide a fully integrated service for EU VAT registration and filings.
• VAT Compliance: The EU’s rules regarding VAT for digital services are complex. We provide tools and services that ensure North America businesses comply with these regulations, ensuring they charge the correct VAT rates for each EU member state.
• Streamlined payment solutions: North American businesses can avoid expensive quarterly international bank wire costs and foreign exchange transactions fees by using our Vat payment system. This allows North American businesses pay their quarterly Vat payments in USD to a domestic US account.
• Simplified EU VAT Registration: Our expertise in EU Vat means that we are able to provide a more streamlined registration process, making it easier for North American businesses to get registered for EU VAT OSS or IOSS.
• Reporting & Filing: Keeping track of sales, VAT collected, and ensuring timely and accurate filings can be daunting. We provide consolidated reports, making the filing process more straightforward and ensuring businesses meet all deadlines.
• Service not software: We are not a software as service vendor, our Vat teams work with the most popular e-commerce platforms, making it easier for businesses to work with us.
VAT OSS: Any business, regardless of location, that sells digital services to individual consumers in the EU must charge VAT based on the consumer's location. This includes services like streaming, software downloads, e-books, and online courses.
IOSS: Businesses selling goods valued at €150 or less directly to EU consumers should register for IOSS to simplify VAT collection and payment. Non-EU businesses, such as those in the U.S. and Canada, must appoint an EU-based VAT intermediary to register for IOSS.
VAT OSS: Non-EU businesses can choose an EU member state to register for the Non-Union OSS scheme. This selected country becomes the 'Member State of Identification' (MSI). Once registered, businesses can declare and pay VAT on B2C services sold to consumers in all EU member states via a single quarterly return.
IOSS: Non-EU businesses must appoint an EU-based VAT intermediary to register for IOSS. The intermediary will handle the registration process, and once completed, the business will receive a unique EU IOSS identification number.
Under the IOSS, sellers collect VAT from EU consumers at the point of sale. The applicable VAT rate is based on the consumer's location. For example, a French customer purchasing a t-shirt would pay VAT at 20%, while a German customer would pay 19%. The collected VAT is then paid monthly in euros (EUR) to the tax authority of the member state where the business is registered for IOSS.
Navigating EU VAT regulations can be complex. EU VAT NAVIGATOR offers:
Expertise and Support: Integrated services for VAT OSS and IOSS registration and filings.
VAT Compliance: Tools and services to ensure businesses charge the correct VAT rates for each EU member state.
Streamlined Payment Solutions: Options to avoid expensive international bank wire costs and foreign exchange fees.
Simplified Registration: A more streamlined registration process for VAT OSS and IOSS.
Reporting & Filing: Consolidated reports to simplify the filing process and ensure all deadlines are met.
No, specific software or applications are not required to make the VAT OSS or IOSS filings . If you use the EU Vat Navigator service you can use your existing systems and e-commerce platforms to comply with these schemes' requirements.
