The Mini One Stop Shop is an optional scheme which comes into force on 1.1.2015. It will allow taxable persons providing electronically supplied and telecommunication services, television and ‎radio broadcasting to non-taxable persons in Member States in which they do not have an establishment to account for the VAT due via a web portal in the Member State where they are registered. This scheme helps to avoid VAT registrations in each Member State of consumption and is a real simplification.

Two schemes are available, the Union scheme for taxable persons domiciled within the EU and the Non Union scheme for non EU taxable persons.

For those companies who would like to be registered as from 1.1.2015 the application can be submitted as from 1.10.2014.

As this simplification scheme is optional, those taxpayers who do not comply ‎with the obligations of the scheme may be excluded from its use as worst case scenario for 2 calendar years.

MOSS VAT returns

In this one VAT return supplies to all customers in the various EU countries will have to be listed separately. Submission will be due 20th April, 20th July, 20th October and 20th January. These days are also deadlines for payments. VAT on business expenses incurred in the Member State of consumption cannot be offset‎. The returns will be made in Euro only.

The records will have to be kept for 10 years from the date of the transaction. Bad debt relief will be applicable.

Link to Guide to the VAT Mini One Stop Shop