OSS Registration

At IBCCS TAX, we offer comprehensive services to facilitate your OSS Registration in Cyprus. If your business transactions are within the EU, it is crucial to understand what OSS is, who needs it, the registration threshold, the benefits it provides, and how we can assist you.

What is OSS?

One-Stop Shop (OSS) is a scheme introduced by the European Union in 2021, designed to simplify VAT obligations for businesses selling goods and services cross-border within the EU. OSS allows traders to register for VAT in one member state instead of multiple registrations in various EU states where they sell their goods or services. It offers a uniform platform to declare and pay VAT on cross-border B2C e-commerce sales.

Planning, implementation, & compliance

Planning, implementation, & compliance

Frequently Asked Questions

Businesses that supply telecommunication services, broadcasting services, and electronic services (TBE services) to consumers in the EU have the obligation to register for OSS. It also applies to EU-based online sellers and distance sellers of imported goods, facilitating them to account for VAT in a single member state.

As per the changes brought by the European Union VAT e-commerce package effective from July 2021, the threshold for distance sales of goods within the EU is set at €10,000. This means that if a business’s total cross-border online sales to consumers (B2C) in the EU exceed €10,000 in a calendar year, the business is required to register for VAT in each EU country where sales are made or opt for the One Stop Shop (OSS) system.

As your trusted advisors at IBCCS TAX, we provide end-to-end assistance to facilitate your OSS registration in Cyprus. We guide you through the complex maze of VAT compliance, ensuring your business operates in line with EU legislation. Our services include evaluating whether OSS is beneficial for your business, preparing and filing the necessary documents, acting as your liaison with the Cyprus Tax Department, and offering ongoing compliance support.

At IBCCS TAX, we strive to make the OSS registration process seamless, efficient, and beneficial for your business. Contact us today for a professional and personalized approach to your VAT needs in Cyprus.

OSS registration offers a multitude of benefits to businesses. Firstly, it reduces the administrative burden of dealing with multiple VAT registrations, declarations, and payments across various EU member states. Secondly, it enhances transparency, ensuring businesses charge VAT at the rate applicable in the customer’s country. Lastly, it promotes competition by offering a level playing field, regardless of the business’s physical presence in the customer’s country.

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Since 2014 we’ve continually explored new ways of finding viable solutions. Our vision is to keep doing business that inspires us to create more. Our mission is to create a better everyday operating life for the businesses and to offer a wide range of tailor-made solutions.
We assist our clients in relocation and at all stages of their entrepreneurship adventure: from structuring the business in a tax-efficient manner, through the daily administration and operations of the companies.

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Cezary Zieniuk

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Jowita Jablonska

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Anna Gavriilidi

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