When do I need to register for OSS?

The EU’s One-Stop Shop (OSS) is a simplified VAT reporting and payment system for businesses involved in cross-border e-commerce transactions within the EU. Here are some key points to help you determine when you need to register for OSS:

1. **Threshold**: You must register for OSS if you exceed the distance selling threshold in any EU member state where you make sales to customers. The distance selling threshold varies by country and can range from €10,000 to €100,000 per year.

2. **E-commerce transactions**: If your Cyprus company sells goods and services to consumers in other EU member states through online platforms, websites, or marketplaces, you may be required to register for OSS.

3. **Simplified reporting**: OSS allows you to report and pay VAT on your cross-border e-commerce sales in a single EU member state, rather than registering for VAT in multiple countries where you have customers.

4. **Non-EU businesses**: Non-EU businesses can also register for OSS if they have cross-border sales to EU consumers. This simplifies the VAT compliance process for businesses outside the EU.

5. **Voluntary registration**: Even if you do not exceed the distance selling threshold, you can voluntarily register for OSS to benefit from simplified VAT reporting procedures for your cross-border e-commerce activities.

If you believe that your Cyprus company meets the criteria for registering for the OSS, it is advisable to consult with our VAT advisor in Cyprus for guidance on the registration process and requirements. Ensuring timely registration for OSS will help facilitate your VAT compliance for cross-border e-commerce transactions within the EU.

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1st Floor, Office 102,
2311 – Lakatamia, Nicosia, Cyprus

T: +357 22276000 | F: +357 22270807

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