Are you a small business owner looking to collect and remit VAT to the EU and UK and not spend huge amounts of money just to register and apply for IOSS?
This blog post is for other foreign companies looking to sell in the EU and UK, but are not the size to work with a standard broker in the EU, which usually involves spending thousands of euros to sign up and then a hundred euros. . per country per monthly VAT registration.
Why register to collect import VAT for the EU and UK?
Because your customers will receive packages quickly, without having to pay additional import duties or processing fees (Belgium does charge a fee on all international packages, however). Customers receive packages much sooner and overall rates are lower. With most of our orders, the processing fee is actually higher than the VAT.
We have been using EAS Project Oy (based in Finland) for a few months now and have not had any problems with their service. EAS Project is a new company that acts as a broker for the EU and UK import tax system, but fees are per request.
After searching for a cheap alternative for almost a year, we were happy to see EAS, which has plugins on Shopify, Magento, and WooCommerce. Everything runs smoothly and is automatically reported in their system, so we have nothing more to do than pay EAS the taxes we collect each month, which they then send to each respective government.
Visit the EAS Project website and request a meeting: https://easproject.com/
Anyone can register in the UK, but figuring out how to register is complicated and takes 1-2 months to process. Rather than finalize our UK registration, we decided to use EAS’s new UK option to skip the months of waiting. A simple message to EAS and they upgraded our Shopify account to collect UK VAT within hours.
Kimono Dream Shop is operated by Hanami Clothing, which is registered to collect tax in Norway, Australia, and Minnesota, USA. Registering in Norway and Australia is fairly simple, but EAS was the only feasible way for us to register in the European Union.
