European Sales
Our self-service product enables you to seamlessly sell to all 27 EU member states without customs or VAT friction from just €10 a month.
Simplifying Transfers
We can transfer you over to your new EU IOSS number, we will manage your monthly IOSS Return submissions and IOSS VAT payments.
Centralised VAT Payments
Simple payment options including credit card and bank transfer - in your local currency - hassle free from start to finish
A streamlined process
How does it work?
MyVAT is owned by Desucla, one of the largest Fiscal Representation businesses in the world. This is how it works;
- We register your business for Import-One -Stop-Shop (IOSS) and give you your own unique IOSS number for shipping to Europe.
- You charge your EU customers the relevant VAT at point of sale and use your IOSS number when you ship relevant goods to Europe.
- On or before the 15th of each month, you login to the MyVAT platform to report your sales for the previous month. This is designed to be a very simple process and, if needed, our system can even help you find the correct currency exchange rates and VAT rates to use.
- If a VAT payment is due for the month, you make a single local payment in your home currency to MyVAT (either by card or bank transfer) and we process the onward payments to the relevant tax authorities.
simplifying transferring
Transferring your IOSS service to us (FOR FREE)
We have experience in transferring clients from other IOSS providers in a smooth and seamless approach.
The first step is to understand your current IOSS position including sharing:
- Your current IOSS number
- Your last returns (NIL or otherwise)
- Any corrections to be made for historic periods
- Your volume (to help ensure you are on the lowest cost service)
Our dedicated transfers team will support you in registering on our platform, and managing the transfer. This usually requires cancellation of the old IOSS number and the issuing of the new IOSS number. This usually happens in a few short days with us – we time things to ensure minimum impact on your business.
Once setup you can share your monthly sales data in a number of easy to use ways, settle and focus on your business safe in the knowledge you are compliant.
Alternatively – IOSS is not mandatory but is designed to simplify selling to Europe and make things as efficient as possible. If you do not register for IOSS you can either:
- Have your customers pay the VAT due themselves when they take delivery of your item(s). This often comes with additional courier costs for the seller and significantly impacts client experience and repeat business.
- Register for VAT locally in Europe and obtain a VAT number in each country you sell into, paying duty and VAT on import and charging VAT to the customer subject to the normal rules. This approach creates significantly increased cost, compliance and reporting responsibilities across multiple countries.
The EU hopes IOSS is an attractive alternative to the above options and will streamline trade with the bloc. With your IOSS registration you can access the whole of the EU and you only need to submit one VAT return together with a single VAT payment each month. Your IOSS return and associated payment must be submitted to and processed by your IOSS Intermediary.