What does ioss mean?

ioss full name is "The Import One-Stop Shop", which means "one-stop import" in Chinese. It is an electronic portal that enterprises can use to fulfill their electronic value-added tax obligations for long-distance sales of imported goods. Business Obligations.

The operating environment of this tutorial: Windows 7 system, Dell G3 computer.

What is ioss

ioss is The Import One-Stop Shop (one-stop import), an electronic portal that enterprises can use , to fulfill its VAT e-commerce obligations on long-distance sales of imported goods.

IOSS allows suppliers and e-interfaces selling imported goods to buyers in the EU to collect, declare and remit VAT to tax authorities, rather than having buyers pay VAT when goods are imported into the EU as was previously the case . It can be compared to the domestic electronic tax bureau. A simple understanding is that oss targets local economic activities, and ios targets import-related economic activities. This is the distinguishing factor between the two.

What are the advantages of IOSS?

IOSS was established to facilitate and simplify the declaration and payment of VAT for imported goods (with a value not exceeding 150 euros) and sales over distances. Its functions are as follows:

First, it facilitates the collection, declaration and payment of VAT for long-distance cross-border economic activities between imported goods and EU buyers.

Second, IOSS also reduces the flow of value-added tax and reduces sellers’ capital expenditures.

Third, customs clearance declaration is fast and convenient, and there is a fast track

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