On July 1st, 2021, the European Union (EU) will implement changes to the value-added tax (VAT) rules.These changes could have significant supply chain impacts to B2C e-commerce sellers.
Passport is here to help! Our new Seller of Record Solution will give brands continued access to the EU market, simplify shipment processing, reduce customs clearance times, and improve the delivery experience.
Orders with a value of €150 or less, shipping DDP:
EU has set up a new simplified VAT clearance program. Shipments not registered and compliant with this new program will be subject to:
Abolishment of the €22 Import VAT Exemption for the EU.
For DDU shipments, this means:
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− Passport Shipping team