Import-One-Stop-Shop (IOSS) in Ireland
The new EU VAT Registration Rules for E-commerce for hassle-free customer experience.
The fees for the Nathan Trust IOSS solution are as follows:
Fees for year 1 are €2,985 + vat. Please note, if we are invoicing a company or sole trader resident outside the EU, then there will be zero vat on the invoice.
Companies that are not established in the EU, or companies in a third country with which the EU has not concluded a VAT mutual assistance agreement, will need to appoint an intermediary to be able to use the import-one-stop-shop.
The EU has VAT mutual assistance agreements with the following countries:
If your country is listed above, you do not need to appoint a tax intermediary in Ireland. This list is being updated on a regular basis.
Nathan Trust can act as your Fiscal Representative in Ireland.
If you are selling goods or products to consumers in the EU (B2C) and the consignment value is €150 or less, then you should register for an EU VAT number. This is also known as the Import One-Stop-Shop or IOSS.
If you do not have a company in the EU, then you can pick any EU country to register for an EU VAT number. UK companies need to have an EU VAT number too.
If you do not have an EU VAT number, then the customer will be liable to pay the VAT on the order before it is released from customs. This will likely delay the delivery of the goods and lead to unhappy customers.
We are experts at helping non-EU companies register for the IOSS in Ireland, We provide a full service EU VAT/IOSS solution.
If the consignment value of the goods is less than €150, this comes under the IOSS regime.
It is not relevant if the company is part of the EU or not.
Let's look at the following example:
Note that non-EU businesses are required to appoint an intermediary to take advantage of the mechanism.
No, you do not need an EU company to register for IOSS in Ireland. We are working with a number of UK, US, Indian and Chinese companies helping them to register for IOSS in Ireland and manage their monthly IOSS returns.
This should only take 4 weeks but it can take longer. As a rule, we tell our clients that when working with government agencies, everything takes longer than you expect.
Sales with a consignment value of less than €150 are subject to IOSS but are exempt from Customs Duty.
As a result of Brexit, UK companies are no longer part of the EU VAT area for goods. UK companies that are supplying customers in the EU will need to register for IOSS in an EU member state.
The UK is a 3rd country like the US, China or India.
UK companies need to appoint a Tax Intermediary/Fiscal Representative. Nathan Trust provides this service.
Companies registered under the IOSS are not entitled to deduct any VAT expense incurred in any EU country. The IOSS is designed to facilitate the payment of VAT, not the reclaiming of VAT expenses.
Companies must retain detailed records of all transactions. This information must be retained for 10 years:
If you are a UK company that needs to register for IOSS, then Ireland is the best choice because:
As a registered tax agent in Ireland, we provide the following services:
We provide a full services solution for all your EU VAT/IOSS requirements.
Haley Bishop, Hygge Bands
"Super happy to have found Nathan Trust who helps with our EU tax (IOSS) needs. We were a bit lost with what to do but Nathan Trust made everything so simple from the beginning. Thanks!"
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