MyDutyCollect IOSS INTERMEDIARY

Official intermediary for EU VAT IOSS in Ireland

Cross-Border Ecommerce & Tax Compliance Solutions

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Representing eCommerce merchants and organisations around the world!

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WHAT IS IOSS (IMPORT-ONE-STOP-SHOP)?

From 1st July 2021, the value added tax (VAT) exemption for the importation of goods with a value not exceeding EUR 22 will be removed. As a result, all goods imported to the EU will be subject to VAT. The Import One-Stop Shop (IOSS) was created to facilitate and simplify the declaration and payment of VAT for distance sales of imported goods with a value not exceeding 150 EUR. The IOSS also makes the process easier for the buyer, who is only charged at the time of purchase, and therefore does not face any surprise fees when the goods are delivered. If the seller is not registered in the IOSS, the buyer has to pay for the VAT and usually a customs clearance fee charged by the transporter at the moment the goods are imported in the EU. Contact MyDutyCollect IOSS team to find out about registering for an intermediary IOSS@mydutycollect.eu

Expert Consultants

Our cross-border customs and tax consultants can advise on IOSS best practice to ensure VAT compliance.

3 Step Registration

Our experienced team can guide our eCommerce clients through the IOSS registration within a few days.

IOSS Management Tools

Our IOSS team have developed a suite of tools, tips and templates designed to streamline and simplify IOSS management and reporting.

IOSS REGISTRATION PROCESS

  • If your business is not based in the EU, you will normally need to appoint an EU-established intermediary to fulfil your VAT obligations under IOSS.
  • Your IOSS registration is valid for all distance sales of imported goods made to buyers in the EU for sales below €150

1

Registration for IOSS intermediary

Online Registration Requirements

• Business details, company name, and registration number.
• ID of business owner.
• Signed Power Of Attorney (POA),

2

Validation by MDC as an IOSS intermediary

Approval Process

• Financial risk assessment.
• KYC control process.
• Definition of deposit/ Escrow account agreement.
• Intermediary link form.

3

Monthly VAT/IOSS declaration

Monthly VAT Returns

• Merchant to provide Dataset of shipments including VAT of destination (consumption), provided by non EU seller to IOSS intermediary.
• Based on the declared VAT amounts (in datasets), a monthly tax declaration will be sent to the tax authority on behalf of seller.
• Based on the declared VAT the VAT amount will be transferred to the tax authority on behalf of seller and recorded by MDC.

PRICING

Choose your package?

Contact us for more information about our IOSS solutions and to discuss the best option for your business.

Are you a Postal, Logistics, 3PL or representative body?

Contact us to find out about our Partnership program and range of benefits and solutions  for your clients?

****Includes 1500 Monthly Orders (€0.10 per extra order)

IOSS Annual plan

Questions?

Contact our IOSS team to setup a call and answer any questions you may have?
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Role of an Intermediary?

Taxable persons (suppliers and electronic interfaces) who are not established in the EU or in a third country with which the EU has concluded a VAT mutual assistance agreement need to appoint an intermediary to be able to use the import scheme.
Other taxable persons (i.e. the ones established in the EU) are free to appoint an intermediary, but are not obliged to do so.
“We have recently assisted one of our clients to register for IOSS with MDC. The process was clear and smooth, congratulations.”
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Cinzia Beretta

2G Business Ltd
https://2gbusiness.co.uk/
“All MDC team made the IOSS registration and reporting a smooth process. They were always willing to help us when we had any question and did not hesitate to jump on a call with us. Response time and general customer service have been as expected.”
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Enderson Velasquez

Global VAT Compliance
www.globalvatcompliance.com
“Everything so far has gone very smoothly, including both the onboarding process and now normal monthly processing of EU VAT. We've been very, very happy with your service and glad we found you.”
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Ben Monk

OneBookSelf
https://www.onebookshelf.com/
“It's working really well for us. It's easy to complete and straightforward.”
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Jon Lane

Passenger
https://www.passenger-clothing.com/

Get to know our business partners

Learn more about how our combined solutions will enhance your business.

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Spectos

By combining our expertise in logistics, supply chain and cross border solutions, we can support our customers in successful enterprise-wide initiatives

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Reason Solutions

Our cooperation agreement combines MyDutyCollect cross-border customs, taxes and compliance portfolio & Reason Solutions’ tech platform for postal administrations around the world

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