Description
Manage your B2B customers’ EU VAT exemptions and ensure compliance with the European Union’s new One Stop Shop approach.
A store owner selling items or services in the EU must be familiar with and adhere to EU VAT laws: our plugin YITH WooCommerce EU VAT, OSS & IOSS enables you to geolocate and identify the location of your European customers and automatically apply the proper VAT rate for B2C orders.
If you sell to businesses, this plugin enables you to display a field on the checkout page where businesses can authenticate their VAT status and become VAT free at your store.
Additionally, the plugin has been upgraded to assist you in complying with the new One-Stop-Shop (OSS) method that will be mandatory for all online retailers managing EU sales beginning 1 July 2021. This plugin allows you to track the 10,000 € sales threshold for B2C exports to other EU countries, generate tax reports on a monthly, quarterly, or annual basis, and export them as CSV to simply notify your local tax authorities about your sales.