Procedure To Get An IOSS Number In 2022

Here's a detailed procedure to get an IOSS number if you are from the EU or if you are from outside EU countries.

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    Table of Contents

    Introduction

    Procedure to get an IOSS Number

    The IOSS number is the next step to make the VAT collection process easier for both sellers/marketplaces and customers. Anybody who is offering goods to the countries in the EU from the EU itself or outside the EU needs to have an IOSS number. However, it’s not mandatory to get an IOSS number but relatively gets important to have one.

    As discussed above, an IOSS number offers us many advantages but how to get an IOSS number is still a question for many. But do not worry as we’ve got your back!

    Here’s a detailed procedure to get an IOSS number if you are from the EU or if you are from outside EU countries.

    1. Registering from EU countries-

    If you are a marketplace/seller residing in the EU countries themselves, then you have two options in your hand,

    • To directly register it with the authorities
    • To register through an intermediary

    You have two options as discussed above, to directly register it with the authorities and fill in all the necessary details and the authorities will verify it within 2 days of such complete procedure.

    And if you choose to get an IOSS number through an intermediary then the process gets a bit easier. ODINT Consulting will take care of everything for you, helping you fill in the necessary details and all the compliances to make the procedure to get an IOSS number, easier for you.

    2. Registering from outside of EU countries-

    If you are a resident from outside the EU countries, then you only have one option left which is to register through an intermediary. You do not have any other option to register for an IOSS number.

    You can choose any of the intermediaries that have been appointed by the authorities to help you throughout the procedure of the IOSS number. The intermediary will guide you throughout the process and check if you are complying with all the necessary guidelines, rules and regulations, and legalities.

    And, if you are applying through an intermediary then the country will provide the IOSS number after all the verifications by the authorities, the procedure to get an IOSS number will be then given to the intermediaries. And from then, you can get access to the IOSS number.

    If the intermediary is representing many such clients then he’ll be given different IOSS numbers for such people.

    But, in both of the cases, the process is quite tedious so it’s better to trust agencies and firms who have expertise in doing so to get your work done faster and easier, and ODINT Consulting is here to do so for you!

    Conclusion

    The IOSS number is the next step to make the VAT collection process easier for both sellers/marketplaces and customers. Anybody who is offering goods to the countries in the EU from the EU itself or outside the EU needs to have an IOSS number. However, it’s not mandatory to get an IOSS number but relatively gets important to have one.

    The new rules on electronic sales of goods (e-commerce) are coming into force on 1 January 2021. These rules will allow sellers and marketplaces to benefit from a single point of contact: an Import One-Stop-Shop (IOSS) number.

    The purpose of these new rules is to simplify and modernize administrative procedures for businesses supplying services and selling goods in the European Union. The new procedure will be much easier for everyone involved – for business operators, tax administrations, and consumers.

    There are two ways to register for an IOSS number, by registering directly or by registering through an intermediary. If you are from EU countries then you have got both the options but you are from outside the EU countries then you can only register through an intermediary that the country will appoint.

    FAQ’s

    If you are trading with any of the EU countries, then you have to register for an IOSS number even if you are a marketplace or seller.

    It simplifies the procedure of payment of VAT, provides you freedom from unnecessary customs tas and other taxes, and centralizes the process.

    If you are working at a marketplace, then the marketplace itself will give you an IOSS number that too an individual of yours. So you do not have to worry about any procedures and requirements.