What is OSS? From July 1st, 2021, the One-Stop-Shop will take effect for transfers in e-commerce. In this article, we have briefly summarized what this means for you as a seller in your own name.
Important
Please research the OSS beyond this article. You are also welcome to use the links provided here.
Overview
The OSS is an electronic portal that enables companies in e-commerce to pay VAT for online sales of digital and physical products regardless of location.
Advantages of the OSS
- Electronic registration for VAT in a single Member State for all intra-Community distance sales of goods and supplies of services to final consumers.
- Declaration and payment of VAT on all these supplies of goods and services, once a quarter by electronic transfer.
- Cooperation with the tax authority of your own Member State and in your own language, even for cross-border sales (Source: https://ec.europa.eu/taxation_customs/business/vat/oss_en).
OSS for EU companies
If your VAT-liable company (not a >>deemed supplier) is based in the EU, you can pay VAT for the following supplies electronically via the OSS portal:
- Supplies of >>B2C services taking place in a Member State in which the company is not established.
- Distance sales of goods within the EU.
OSS for non-EU companies
If your VAT-liable company is not based in the EU, you can pay VAT for the following supplies electronically via the OSS portal:
- Distance sales of goods within the EU.
More about the OSS
https://ec.europa.eu/taxation_customs/business/vat/oss_en
https://ec.europa.eu/taxation_customs/business/vat/vat-e-commerce/glossary_en