IOSS (Import One-Stop Shop)

An EU VAT scheme that lets sellers collect VAT on goods valued at €150 or less at the point of sale and remit it through a single EU registration, instead of paying it at customs. Goods with a valid IOSS number clear customs faster and without an extra charge to the customer. From July 2026 a separate temporary €3-per-item customs duty also applies to these low-value imports.