VAT e-Commerce One Stop Shop: Because you’ve asked for it
We have had several requests to provide a seminar explaining the VAT provisions concerning the e-Commerce package One Stop Shop (OSS) schemes. You ask. We deliver!
The Chelco VAT International Academy through its Lead Instructor, Alexis Tsielepis, continues its series of high-level VAT educational events with a full-day seminar focussing on the E-Commerce package on Value Added Tax (VAT).
The seminar will examine closely the Union One Stop Shop (OSS), the Non-Union One Stop Shop (Non-Union OSS) and the Import One Stop Shop (IOSS). These three optional schemes will be explained and analysed through a plethora of hands-on, practical examples.
The schemes are applicable to cross-border Business-to-Consumer (B2C) e-Commerce activities, covering goods and services, with implications whether the supplier is established in the EU or not. The legislation that will be analysed was rolled out on 1 July 2021 and represented a major overhaul of VAT law, particularly to the VAT regimes for distance sales of goods and the importation of low value consignments, especially when selling goods online from an electronic platform.
Questions such as:
- How can I use a special scheme?
- Can I use more than one scheme at the same time?
- What are the consequences if I decide not to use a special scheme?
- Am I eligible if I have other registrations in the EU?
- What if I have other establishments in the EU such as branches?
- Can I choose the country of registration for a special scheme?
- How can I deduct input VAT if I am using one the schemes?
- What if I have very few transactions that fall within a scheme?
- Plus many more to be discussed and addressed.
Using plain, easy-to-follow language and numerous practical examples, the seminar will cover:
- An explanation of the special provisions for sales conducted through an online electronic interface (the “deemed supplier”)
- An explanation of the EU-wide threshold of €10,000 for distance sales of goods
- An explanation of the Union and Non-Union OSS
- An explanation of the scheme for distance sales of goods imported from third countries of an intrinsic value less than €150 (IOSS)
- An explanation of the record-keeping requirements in all the above cases
The seminar is targeted towards VAT professionals, VAT advisors, tax lawyers, businesses involved in the cross-border B2C supply of services or sale of goods, especially if such sales are made through online platforms (such as Amazon or eBay), VAT Officers, accountants of all levels, auditors, bookkeepers, et al.
Agenda
Welcome Address
Alexis Tsielepis, Instructor
- Introduction to the e-Commerce package
- Explanation and analysis of the Deemed Supplier provisions
Coffee Break
- Explanation and analysis of the Non-Union Scheme (Non-Union OSS)
- Explanation and analysis of the Union Scheme (Union OSS)
Light Lunch Break
- Explanation and analysis of the Import Scheme (IOSS)
Coffee Break
- Explanation and analysis of the new rules through examples
End of Seminar
DOWNLOAD THE SEMINAR BROCHURE IN ENGLISH
The Instructor
Alexis Tsielepis, BSc, FCA
Managing Director
Chelco VAT Ltd
E-mail: [email protected]
Alexis is widely considered as the foremost expert on VAT in Cyprus. With more than 15 years of experience in VAT strategic consulting, he advises businesses on international VAT matters and lectures at local and international VAT conferences.
Alexis possesses an extensive vocational and educational experience in European VAT and a detailed comprehension of EU VAT matters and decisions of the European Court of Justice (ECJ). He has served on various committees charged with tax matters and his work includes liaising with the Cyprus tax authorities and government on policymaking.
He has written a number of tax syllabuses, chapters and articles on matters pertaining to Cyprus and EU VAT. He is the author of the book “An in-depth analysis of the Fixed Establishment concept and a comparison with the Permanent Establishment concept”.
Alexis is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), and holds the Expert in European Value Added Tax Degree, which he earned with the highest grade ever awarded in the history of the coveted diploma. He is a Partner and a Director of the VAT Forum in Belgium and the co-founder and Vice-Chairman of the Cyprus VAT Association (CYVA).
He is also a Certified Vocational Trainer with the Human Resources Development Authority of Cyprus (ANAD).
Alexis is sharing his knowledge on VAT, in a series of seminars and workshops organised by the Chelco VAT International Academy, covering an array of VAT-dedicated topics, with the crown jewel being the recently launched Diploma in VAT Excellence (DiVE), a 10-month course covering EU and Cyprus VAT law in a depth never before seen in Cyprus.
Who Should Attend?
When, Where & How Much?
Limassol
Thursday, 21 March 2024, Columbia Plaza Venue Centre
9:00am – 5:30pm (registration at 8:30am)
7 CPD Units (certificates of attendance will be provided)
€285 + VAT (including light lunch)
Group Discount (for 3 persons or more): 15%
Free for current students of the Diploma in VAT Excellence (DiVE).
Mention in Notes when registering.
English