Master Selling & Shipping to the EU: IOSS Explained | Decoding Cross-Border Ecommerce | Ep #30

06/09/2024 27 min Temporada 1 Episodio 30
Master Selling & Shipping to the EU: IOSS Explained | Decoding Cross-Border Ecommerce | Ep #30

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Episode Synopsis

If you’re not selling to the EU, you’re missing out on a huge market! In this episode of the Decoding Cross-Border Ecommerce podcast, hosts Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos’ Head of Global Trade Strategy, dive deep into the complexities of shipping and selling to the EU. This episode covers the impact of the EU’s low-value tax scheme and the Import One Stop Shop (IOSS) program, which simplifies VAT for ecommerce businesses. Learn how to navigate these regulations, increase your EU sales, and avoid costly errors in cross-border trade.Key takeaways include an overview of EU VAT rates, the differences between EU and UK shipping post-Brexit, and how the IOSS can streamline tax collection. If you're an ecommerce seller targeting or wanting to target EU markets, you don’t want to miss this!Docs and guides:EU IOSS guide:https://zonos.com/docs/guides/country-guides/eu-vat-scheme?utm_source=youtube&utm_medium=video-link&utm_campaign=podcastEU VAT for digital services:https://zonos.com/docs/guides/country-guides/eu-vat-scheme/eu-vat-scheme-for-digital-services?utm_source=youtube&utm_medium=video-link&utm_campaign=podcastEU VAT blog:https://zonos.com/blog/eu-vat-scheme-2021?utm_source=youtube&utm_medium=video-link&utm_campaign=podcastEORI numbers:https://zonos.com/docs/guides/country-guides/eu-vat-scheme/eori-numbers?utm_source=youtube&utm_medium=video-link&utm_campaign=podcastLearn more about Zonos:https://www.zonos.com/?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast[00:00:00] Chapter 1: Opening clip[00:03:57] Chapter 2: Introduction to the EU market[00:08:24] Chapter 3: EU Market size and GDP[00:10:35] Chapter 4: HS codes, duty, carrier fees, and VAT rates[00:11:12] Chapter 5: How Brexit and IOSS affected UK exports and imports[00:14:04] Chapter 6: How IOSS works[00:22:43] Chapter 7: Avoiding double taxation with IOSS[00:24:44] Chapter 8: How to get started with IOSS[00:27:19] Chapter 9: How Zonos handles IOSS for merchants[00:28:25] Chapter 10: Notable trade agreements involving the EU[00:29:20] Chapter 11: Final thoughts, helpful resources, and recommendations#IOSS #Ecommerce #CrossBorderEcommerce #VAT #GlobalTrade #ShippingSolutions #DecodingEcommerce

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