IOSS Registration in the EU: Simplifying Cross-Border VAT for E-Commerce
The European Union introduced the Import One-Stop Shop (IOSS) to make e-commerce VAT compliance simpler, faster, and fairer across all member states. For businesses selling low-value goods (under €150) to consumers in the EU, IOSS is a game-changer. It creates a unified digital system to handle VAT collection and reporting — reducing friction at customs,…