From EU Registration to Reporting
Fully automated EAS Solution
From EU Registration to Reporting
Navigating EU VAT regulations is like exploring a complex maze, filled with different paths, twists, and turns. For non-EU online sellers, especially those venturing into new markets, this journey can feel overwhelming. With varying VAT rates, registration requirements, and reporting obligations, ensuring compliance becomes a time-consuming and error-prone task.
At EAS, we understand the challenges that arise from this intricate VAT compliance journey. Our fully automated solution simplifies every step, from registration to reporting. By leveraging our expertise and technology, non-EU online sellers can navigate the complexities of EU VAT regulations with ease, saving time and minimising errors along the way.
Our comprehensive platform streamlines the registration process, ensuring that sellers meet the necessary requirements efficiently. We handle all the paperwork and documentation, guiding sellers towards successful VAT registration. Once registered, our automated system tracks and calculates VAT obligations, including varying rates across different EU countries.
When it comes to reporting, our solution makes it effortless. Our platform generates accurate VAT reports, including the required information for each EU member state. These reports can be easily accessed and exported, providing sellers with the necessary documentation for compliance and audit purposes.
With EAS Solution, the journey from EU registration to reporting becomes a seamless experience. Our automated solution simplifies the complexities of EU VAT compliance, allowing non-EU online sellers to focus on their business growth and expanding into new markets confidently
Why does EU compliance matter?
The EU represents a vast market of over half a billion consumers with strong cross-border purchasing habits. Offering EU consumers the opportunity to shop on your online store is a strategic decision that can significantly boost your sales. However, when delivering to EU customers, someone must handle the associated tax compliance. If you don’t take responsibility for this aspect, the burden falls on your customers. This leads to several negative consequences:
- Increased customer expenses: Customers are faced with unexpected tax charges and customs handling fees, raising their overall purchase cost significantly.
- Delivery delays: Customs handling significantly delays deliveries, leading to customer frustration and dissatisfaction.
- Negative customer experience: The combination of unexpected expenses and delays creates a negative customer experience, damaging your brand reputation.
To avoid these pitfalls, it’s essential to ensure EU tax compliance. When you are compliant, customers pay all applicable taxes upfront at checkout, eliminating customs handling fees, customs delays, and associated hassles. This approach provides a smoother and more positive customer experience, fostering customer loyalty and repeat business.
Automated tax obligation mapping
The EU VAT regulation is a comprehensive document with hundreds of pages of legal text, making it challenging to fully understand and comply with. Instead of trying to navigate these complexities on your own, EAS takes the guesswork out of EU VAT compliance. During the EAS registration process, we carefully assess your business activities and map out your EU tax obligations. Once you are registered, our team of tax experts verifies your results to ensure accuracy and compliance. We provide ongoing tax support and advice, so you can focus on growing your business without worrying about EU VAT regulations.
EORI (Economic Operators Registration and Identification)
If you are using the Import One-Stop Shop (IOSS) scheme, an EU EORI number is not required.
Streamlined Registration Process
Easing the complexities of EU VAT registration, EAS Solution streamlines the entire process, ensuring that your business is accurately registered for the appropriate VAT schemes, whether it be IOSS, OSS, or Non-Union OSS registration. Our team of experienced professionals takes the burden off your shoulders, handling all the necessary documentation and interacting with tax authorities on your behalf. This comprehensive approach frees up your time and resources, allowing you to focus on expanding your business without getting entangled in the intricate web of EU VAT regulations. With EAS Solution, you can rest assured that your business is in expert hands, navigating the complexities of EU VAT registration with ease and efficiency.
No Manual work – Seamless Integration with Online Stores
EAS Solution seamlessly integrates with your existing online store, automatically collecting VAT-relevant data at checkout. This integration eliminates the need for manual data entry, reducing the risk of errors and ensuring that all transactions are accurately accounted for. EAS has ready-made applications for Shopify, Woocommerce and Magento. API connection can be used for customised online stores.
Accurate VAT calculation
In the intricate world of EU VAT regulations, accurate tax calculations are paramount for ensuring compliance and maximising profit margins. EAS Solution emerges as a beacon of clarity, providing a robust and intelligent system that meticulously calculates VAT amounts, ensuring that you collect the correct taxes when selling to EU customers. With its advanced algorithms and comprehensive understanding of EU VAT rates, EAS Solution seamlessly applies reduced VAT rates wherever applicable, empowering you to optimise your pricing strategies and maximize your profits.
Automated VAT Reporting and Filing
EAS Solution takes the burden out of VAT reporting, ensuring that you meet all filing deadlines and requirements with accuracy and compliance. EAS Tax Engine seamlessly generates all VAT reports for all supported EU countries, eliminating the need for manual calculations and filings. This streamlined approach saves you time, reduces the risk of errors, and ensures that your business remains compliant across borders.
Comprehensive Support and Guidance
EAS provides comprehensive support throughout the entire VAT compliance process, ensuring that you navigate the complexities of EU VAT regulations with confidence and ease. Our team of experienced eCommerce and tax experts is always available to answer your questions, provide guidance, and address any concerns you may have. Whether you need assistance with registration, reporting, or any other aspect of EU VAT compliance, our experts are here to help. With EAS, you can rest assured that your business is in good hands, allowing you to focus on growing your business without worrying about the intricacies of EU VAT regulations.
Benefits of EAS EU VAT Solution
- Ensure your EU customers enjoy a smooth and pleasant purchasing process from start to finish
- Automated VAT obligation mapping
- Simplified VAT registration process
- Seamless integration with online stores
- Automated VAT reporting and filing
- Comprehensive support and guidance
- Reduced risk of errors and penalties
- Increased efficiency and time savings
- Peace of mind with complete compliance
Conclusion
EAS EU VAT Solution empowers non-EU online sellers to expand into the EU market with confidence, knowing that their VAT compliance is taken care of. Our fully automated solution takes the burden off your shoulders, allowing you to focus on what you do best – growing your business and serving your customers. Contact us today to learn more about how EAS EU VAT Solution can help you achieve your EU expansion goals.
How to start?
The path to effortless EU VAT compliance starts with EAS. By registering with EAS at easproject.com/reg, you can initiate your seamless compliance journey in a matter of minutes. Within an astonishing 72 hours, you will be fully compliant and ready to commence your EU expansion without any VAT-related hurdles.
FAQ
Here are some frequently asked questions about EAS EU VAT Solution:
Why is VAT compliance important for EU online sellers?
VAT compliance is essential for EU online sellers because it ensures that all applicable taxes are collected and paid correctly. Failing to comply with VAT regulations can result in financial penalties and damage to your brand reputation.
How can EAS Solution simplify EU VAT compliance?
EAS Solution offers a fully automated solution that simplifies the entire VAT compliance journey, from registration to reporting. It takes care of tax obligation mapping, registration process, seamless integration with online stores, accurate VAT calculation, automated VAT reporting and filing, and comprehensive support and guidance.
Why should I use EAS Solution for VAT compliance?
EAS Solution ensures that your EU customers have a smooth purchasing process, reduces the risk of errors and penalties, increases efficiency and time savings, and provides peace of mind with complete compliance. It also frees up your time and resources to focus on growing your business.
How does EAS Solution integrate with my online store?
EAS Solution seamlessly integrates with your existing online store, such as Shopify, Woocommerce, or Magento, by automatically collecting VAT-relevant data at checkout. For customised online stores, API connection can be used.
How accurate are the VAT calculations with EAS Solution?
EAS Solution provides accurate VAT calculations by using advanced algorithms and a comprehensive understanding of EU VAT rates. It applies reduced VAT rates wherever applicable, helping you optimize your pricing strategies and maximise your profits.
Does EAS Solution handle VAT reporting and filing?
Yes, EAS Solution takes the burden out of VAT reporting by generating all VAT reports for the supported EU countries. This eliminates the need for manual calculations and filings, saves time, reduces the risk of errors, and ensures compliance across borders.
How can I get started with EAS EU VAT Solution?
To get started with EAS EU VAT Solution, simply register at easproject.com/reg. Within 72 hours, you will be fully compliant and ready to expand into the EU market without any VAT-related hurdles. Contact us today to learn more about how EAS EU VAT Solution can help you achieve your EU expansion goal