About EU E-Commerce Regulation and IOSS Number
The EU E-commerce Regulation was created by the European Union to determine the rules that will take place in all e-commerce transactions to be made to countries. All companies that do not want to be successful in e-commerce transactions and be exposed to legal practices should comply with the rules of the legislation and in this context, they should pay attention to the selection of customs firms for up-to-date and accurate information.
What is EU E-Commerce Regulation?
EU E-Commerce Regulation is the name given to the regulation that determines the ways to be followed in all e-commerce sales to or from the countries that are members of the European Union. Today, there are more than 25 laws, regulations and communiqués for the regulation of the sales transactions of these products. In order to meet all the conditions required by the EU E-Commerce Regulation created by the European Union Parliament, the “Law on the Regulation of Electronic Commerce” was created in our country in 2014 and is always updated.
EU E-Commerce Regulation generally aims to eliminate the inequality between countries. Thanks to the e-commerce regulation, the inequality between companies and countries is eliminated, and it is ensured that all countries can make sales and receive payments under equal conditions. At the same time, the same procedures can be followed in sales to all European Union member countries, thus eliminating the confusion of files and documents.
What are the Innovations and Changes that Come with the EU E-Commerce Regulation?
While the EU E-Commerce Regulation brings with it the procedures and diversity that must be followed, there are also solutions to many problems such as the transportation prices of the products. So what are the procedures that have changed with this regulation?
Along with the EU E-Commerce Regulation, it makes an express transfer fee mandatory for the products that the seller companies will send abroad over the internet. In this way, while balancing the cost policy between countries, it prevents additional costs that may arise after purchasing for customers.
By identifying existing and potential markets with data obtained on information gathering and research. It can support preliminary studies for today and later periods. Sales made in this way can be examined and markets with high competition can be developed.
One of the most common problems in online sales is that the purchased products do not come out as expected. At this point, with the intervention within the scope of the regulation, sales from fraudulent websites are prevented, access to these sites can be closed by all European Union countries, and the reliability of customers is ensured by applying legal sanctions.
The obligation of companies that sell through online marketplaces instead of their own website directly on the Internet, to specify in detail where they procure these products from, allows price analysis in cases where products from the same manufacturer are sold at different prices.
What is IOSS Number?
It is an expression consisting of the initials of “The Import One Stop Shop” and translated into Turkish language as “One Stop Import Center”. This system, which aims to manage imports from a single center, was included in our lives on July 1, 2021 and started certain studies.
Thanks to the IOSS system, companies are provided with convenience in matters such as VAT and company liabilities, while providing a smooth and fast shopping experience for all buyers. With the IOSS system, all businesses and companies exporting to European Union member countries can now more transparently present the VAT rates applied to their products and the total costs to their customers.
Getting an IOSS Number
To get an IOSS number, it is sufficient for the owners of e-commerce sites, individuals and companies to apply. In addition, an application can be made by the representatives of the company and individuals.
How to Use IOSS Number?
In order to use an OSS number;
Sales must be made electronically. (From the company’s own e-commerce site, marketplaces or any other platform that performs electronic sales)
Your base amount must be 150 euros or less. (Above is subject to tax)
It is necessary to sell from countries outside the EU.
Products should not be subject to excise duty.
