OSS VAT Explained for E-commerce and Amazon FBA Sellers
Have you heard of OSS VAT or One-stop-shop (OSS)? It is a new VAT scheme by EU Union to improve the VAT compliance. In today’s video, we will talk about OSS VAT system and how you can take advantage of it as a business owner. So if you are an e-commerce seller or planning to be one, this video is perfect for you.
Read the full blog here: [ Ссылка ]
Timestamps:
0:00 Intro
1:18 What is the traditional EU VAT system?
1:57 What is OSS and how does it work?
3:03 1) Register for VAT in a single EU Member State
3:21 2) Collect the correct VAT rate from your customer.
3:35 3) Report and remit the VAT due on your sales.
4:11 Frequently Asked Questions
6:20 Outro
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