The Import-One-Stop-Shop (IOSS) procedure is a special regulation in the field of VAT. It enables you to pay tax centrally in an EU member state on your turnover from the import of goods with a material value of up to EUR 150 into the European Union (EU). This means that you are exempt from import VAT on imports. You only need to file a tax return in one EU member state for all your transactions covered by this special scheme (one-stop-shop principle). You can then pay the resulting tax in full in one go. If you have appointed a representative to participate in the IOSS procedure, he or she will file the tax return and pay the VAT due on your behalf. If you use the IOSS procedure, you can use a customs declaration with a reduced data record for customs clearance. You can use the procedure as soon as you have received your individual identification number. If you decide not to use the special IOSS procedure, you must go through the normal customs declaration procedure. You will then have to pay import VAT on importation. If you are based in the EU, you can apply for your participation in the IOSS procedure in your country of residence. If you are not established in the EU, you can apply for participation in an EU member state of your choice. If you have appointed a representative resident in the EU, your participation must be requested by the representative in his or her country of residence. You may only register to participate in the procedure in one EU Member State. As a registered trader, you must deregister from the procedure in the following cases: If you no longer import goods from third territories or third countries. If you no longer fulfil the conditions for participation in the IOSS procedure. You or your representative must submit your application to participate in the IOSS procedure online via the BZSt Online Portal (BOP). If you or your representative apply to participate in the IOSS procedure in Germany, you must submit your tax return electronically via the BOP. If you discover that a tax return that has already been submitted is incorrect, you must correct this via the BOP at a later date. Note The implementation of the EU Directive into national law will take place by 1.7.2021.