Who might be interested in OSS?

Businesses supplying services to consumers (B2C)

Electronic interfaces and marketplaces

Why is so important the new OSS scheme?

Because the Union OSS is a big step for E-commerce sellers which simplifies up to 95% of VAT obligations, as it allows them to:

  • Register for VAT electronically in a single Member State for all intra-EU distance sales of goods and for B2C supplies of services;
  • Declare and pay VAT due on all supplies of goods and services in a single electronic quarterly return;
  • Work with the tax administration of their own Member State and in their own language, even if their sales are cross-border.
OSS scheme
Register for OSS

How does OSS affect your business?

OSS will reduce your VAT obligations generally however you must be aware of the new applicable threshold for intracommunity-distance sales which has been set in the amount of Eur 10.000 for the entire European Union territory. This means in some cases a significant reduction of the previous threshold from Eur 100.000 euros to Eur 10.000. As a result, there will be many sellers exceeding the new threshold and furthermore obliged to charge VAT at the applicable rate where the buyer/customer is located.

We are expecting some delays due to the number of applications, so it is essential to start the process as soon as possible.

Register for OSS
How can we help?

We can help you by monitoring and auditing your sales giving you instructions and recommendations to ensure you are VAT compliant within Europe. In addition, we can register your business for OSS in your country of establishment and submit your quarterly OSS return.

We are here to make things easier for your online business
You are more than welcome to call us or to schedule a zoom/teams call if you need further information or assistance