Find here what you need for Shopify and IOSS
The Import One-Stop Shop (IOSS) is the electronic portal businesses can use since the 1st of July 2021 to comply with their VAT e-commerce obligations on distance sales of imported goods. The IOSS allows suppliers and electronic interfaces selling imported goods to buyers in the EU to collect, declare and pay the VAT to the tax authorities, instead of making the buyer pay the VAT at the moment the goods are imported into the EU as it was previously the case. The IOSS facilitates the collection, declaration and payment of VAT for sellers that are making distance sales of imported goods to buyers in the EU. The IOSS also makes the process easier for the buyer, who is only charged at the time of purchase, and therefore does not face any surprise fees when the goods are delivered. If the seller is not registered in the IOSS, the buyer has to pay the VAT and usually a customs clearance fee charged by the transporter. Crossborderit has you covered. With simple onboarding and easy flat shipment fees, it is easy to calculate the taxes, collect them and let Crossborderit (CBIT), report, pay, manage Compliance for you.
An Import One-Stop-Shop (IOSS) intermediary acts as a fiscal link between the IOSS scheme and distance sellers (specifically electronic interfaces such as e-tailers and web-based marketplaces) to manage the declaration and payment of owed VAT tax for a business or taxable person to the relevant tax authority.That's what we do at Crossborderit. We collect, report, pay and manage compliance for you!
Obtaining an IOSS number will cost you €60.00. CBIT Monthly subscriptions are €99.00, inclusive of 100 orders. Any order in excess of 100 will be billed at a rate of €1.00 per order. In addition, we charge 3% for payment processing.
Goods acceptable for IOSS number usage are the following: Dispatched or transported from outside of the EU at the time they are sold. Dispatched or transported in consignments with a value not exceeding a total of EUR 150 (low-value goods) even if the order contains more than one item. Not subject to excise duties (typically applied to alcohol or tobacco products).
Our IOSS covers all European Union Countries. Here's a list of all European Union Countries for your reference:Austria, Estonia, Italy, Portugal, Belgium, Finland, Latvia, Romania, Bulgaria, France, Lithuania, Slovakia, Croatia, Germany, Luxembourg, Slovenia, Cyprus, Greece, Malta, Spain, Czech Republic, Hungary, Netherlands, Sweden Denmark, Ireland and Poland.
Our only requirement is your sole trader registration document and your registered personal or VAT number.
We simplify the process by allowing you to register, pay the application fee, integrate your store through our system, and schedule a meeting with one of our support staff. Upon confirming all 4 stages, we will apply for your IOSS number. The entire process takes between 7 and 10 business days.
You are not bound to any contract with Crossborderit. There's no refund provided if you deregister in the middle of the month. You also need to give us time to deregister you from the Swedish Tax Authority of maximum of 3 months.
When declared to customs, representatives register the package and the IM number. This is saved in a central database within the EU. We report the tax reported by you to the Tax authorities and they have access to the central database.
Yes IOSS is designed for business to customers shipments that are under €150.
Our flat fee is €1 per transaction, there will be an additional charge of 3% payment processing fee.
VAT fees are fixed and cannot be reduced unless goods delivered are part of the Reduction Agreement. Other than that, we have the most affordable rate for IOSS and invoicing. We will look into this and see how we can support you and your business more.
We have a simple onboarding process without excessive integration. Affordable Monthly Subscription fee and pricing. Complete service from payment, processing, reporting, and Compliance. Flexibility to use multiple carriers.
For Shopify users, it pulls data automatically from your account. For Legacy customers, you will need to manually upload a CSV File in your CBIT account. For API users, information will be transferred to the CBIT database. We will be sending your VAT invoice based from uploads through your CBIT account right after.
The Delivery Duty Paid (DDP) that we currently offer is for shipments below €150. We are currently developing the DDP service that can cover shipments above that. We will announce it as soon as it's available.
Please contact your international shipping or customs broker for assistance first. We primarily assist with applying for an IOSS number, reporting, validating, and collecting taxes owed to authorities.
The IOSS number should be transmitted along with electronic customs data embedded in your manifest. Sharing the IOSS number is strongly discouraged since the data could be used for fraud-related activities.
Our Monthly Subscription fee covers your subscription to our system. All users have always been charged this recurring fee. VAT reporting, data upload, calculation, and other administrative tasks are covered by the subscription fee. Shopify customers pay a minimum amount of $24.00 each month while legacy accounts are charge €59.97 on a quarterly basis.
1. From the Log on Page click Forgot Password 2. You will receive an email on next steps to change your password.
Through the Crossborderit website, you can make all changes, except for your company registration number. Visit www.crossborderit.com and choose Company Information from the System menu.
We must receive a cancellation request from you. We will deregister your account with Swedish Tax Authorities within 3 months. As long as you have paid for your current month's subscription, you can still make purchases until the end of the month.
The product price and shipping fee include VAT. Shopify automatically calculates this for you. To calculate the charges for legacy accounts, please contact our support team for the EU VAT excel file.
Our tax authorities are paid in Euros and the tax reporting is done by Plusius. They handle the currency exchanges so you can still use your local currency.
If you have your IOSS number, you can start shipping immediately. The customs checklist is available from your shipping partner to ensure there won't be any VAT charged to your end-buyers once they claim their packages.
No, we don't handle shipping or transport.
Please contact your clearance broker for further assistance.
For Shopify cancellation: please go to: https://help.shopify.com/en/manual/your-account/pause-close-store#close-your-store to ensure you have read all terms and conditions.
When you pay on time you maintain a good credit score and avoid late fees. Missed or late payments will negatively impact your credit score and will result in penalties.
Billing Tab will show three types of information; Invoices, Agreements, and Billing Methods. To access your bills, choose Invoices, and your handling fees will appear as the default window. You can view the details of your uploads in your account by hovering your mouse over VAT Statements.
There are three stages involved in billing: monthly subscription, VAT charges, and handling fees. All of these are charged on a fixed cycle. Only monthly subscriptions are due on a fixed cycle.
We offer a system for filing disputes. The support team can assist you with further instructions.
For accounting reasons, you are billed in US dollars even if your store is located outside of the United States. Applicable taxes may apply to pay your Monthly subscription fee with Shopify.
You can now pay your VAT via Master and Visa credit cards and your Crossborderit fees via PayPal (Subscription Fee, Handling Fee, and Application Fee). By using these payment options, all fees sent to us can now be separated.
You can go as far as 60 days once you install Shopify.
Visit Shopify's Help Center through this link https://help.shopify.com/en/manual/payments/currency-formatting.
Shopify can fetch all fulfilled orders using the IOSS number we provided.
We have Shopify as our main app integrated into our system, more apps to come.
Shopify have payment gateways available for you to integrate in your portal. Please check this link for more information: https://www.shopify.ca/payment-gateways?shpxid=f32ef383-9C51-410F-520B-300791C117DC.
Only order specifications will be transmitted to our system which eases your time to do manual uploads.
