Who may need IOSS number:
- EU and non-EU businesses
- EU and non-EU marketplaces.
- a non- EU business has to appoint an EU company as an intermediary to be able to be registered for IOSS.
When is IOSS applicable:
- declaration of B2C import of goods (Low-value goods)
What are the benefits:
- you need to file a single IOSS VAT return
- the customer receives no hidden costs and no further fees
- dropshipping without delay as it is held without border controls