In July 2021, EU authorities began to enforce ‚The eCommerce Package Regulation‘ to recap lost VAT on cross-border e-commerce sales. This means that all cross-border online businesses are now liable for VAT and need to register for IOSS/ OSS/ VAT in Europe, report files, and pay VAT on sales to private consumers in the member states where their deliveries take place.

empact offers an instant SaaS technology platform as a one-stop shop for all VAT compliance shops in 27 EU member states and the UK market through a real-time transparent tool that combines technology with an out-of-the-box approach. empact offers the ability to automate the entire reporting and filing process, helping sellers remain compliant while reducing the human resources required to do so.

Read more how empact – eCommerce EU VAT platform can help your business take care of the daily requirements of monitoring, reporting, and filing VAT payments