Latest news with #IOSS
Fibre2Fashion
16-05-2025
- Business
- Fibre2Fashion
New EU approach to VAT for e-com imports to simplify trade, compliance
European Union (EU) finance ministers recently reached an agreement on a new approach to value-added tax (VAT) focusing on e-commerce imports and the taxation of distance sales of imported goods. The agreement will further enhance the effectiveness of the Import One-Stop Shop (IOSS), an electronic one-stop shop portal in the EU that serves as a point of contact for the import of goods from third countries into the bloc, by simplifying VAT declaration and payment, reducing administrative burdens for EU importers and further improving the fight against VAT fraud. EU finance ministers recently reached an agreement on a new approach to VAT focusing on e-commerce imports and the taxation of distance sales of imported goods. The agreement will further enhance the effectiveness of the Import One-Stop Shop portal by simplifying VAT declaration and payment, reducing administrative burdens for EU importers and further improving the fight against VAT fraud. By incentivising wider adoption of IOSS, the EU intends to simplify the processing of small packages and ensure VAT payments are consistently collected on online sales to EU consumers, an official release said. Under the new rules, a wider number of suppliers selling goods worth up to €150 will be responsible for paying import VAT, and therefore be encouraged to use IOSS. While using IOSS remains voluntary, suppliers who choose not to participate face the risk of complicated and costly multiple VAT registrations across EU member states. In cases where a supplier fails to comply, a fallback procedure allows member states to permit the customer to pay the VAT directly in order to release and deliver the goods. By reinforcing the use of IOSS, the new directive streamlines the VAT process for imports and marks a significant step towards broader customs reforms, ensuring a more efficient and compliant trading environment across the EU. In 2024, an estimated 4.6 billion packages entered the EU from non-EU countries, equivalent to nearly 12 million parcels per day. In 2023, VAT declarations through the IOSS system reached over €26.3 billion, marking a 35-per cent year-on-year increase. Fibre2Fashion News Desk (DS)
Yahoo
30-04-2025
- Business
- Yahoo
CIRRO E-Commerce enters Polish market and joins E-Commerce Connect Poland as a platinum sponsor
WARSAW, Poland, April 30, 2025 (GLOBE NEWSWIRE) -- CIRRO E-Commerce, a leading global e-commerce logistics solution provider, announces its official entry into the Polish market. To mark this strategic expansion, the company will participate as a Platinum Sponsor at the upcoming E-Commerce Connect Poland event on May 20-21, reflecting its dedication to supporting the growth of Poland's thriving e-commerce ecosystem. According to The Observatory of Economic Complexity (OEC), Poland continues to serve as a significant hub for European and global exports, with top markets including Germany, the UK, Czechia, France, and Italy. Given its strong trade infrastructure, Poland is increasingly becoming vital in European e-commerce, presenting a prime opportunity for CIRRO E-Commerce's logistics solutions. CIRRO E-Commerce introduces a comprehensive logistics solution for modern e-commerce. Polish merchants now gain access to end-to-end services, including the company's delivery network in France, the Netherlands, and Italy, and reliable European shipping with 2–4 day delivery from Poland to key destinations like Germany, France, Spain, the UK, and more. Through a single API, CIRRO enables global growth with IOSS/DDP shipping, returns management, customs clearance, and full traceability. 'We are thrilled to bring CIRRO E-Commerce's expertise to the Polish market at such a pivotal time,' said Pawel Wasilewski, Sales Manager at CIRRO E-Commerce. 'Polish merchants are scaling faster than ever and need a logistics partner to keep pace with their ambitions. Our solutions are built to help them reach more customers more efficiently across Europe and beyond.' CIRRO E-Commerce's Platinum Sponsorship of E-commerce Connect Poland highlights a shared mission to drive sustainable e-commerce growth. The event connects top e-commerce leaders and solution providers through curated one-on-one meetings, case studies, and premium networking experiences to foster strong and lasting partnerships. CIRRO E-Commerce is proud to support Poland's e-commerce community and help local brands expand their reach across Europe and beyond. About CIRRO E-CommerceCIRRO E-Commerce is an e-commerce logistics provider committed to providing seamless, end-to-end, cross-border logistics services. Thanks to the significant strengths, the company is changing the game regarding flexibility, reliability, cost efficiency, advanced technology, and customer-centricity. These include a robust transportation network, local teams of industry experts, and an extensive physical footprint in over 40 countries, including the U.S., the UK, the EU, and Australia. For further information, please contact:Email:branding@ Website: A photo accompanying this announcement is available at in to access your portfolio
