OSS
The EU is preparing to overhaul its customs management system. The main point is to reduce the unfair competitive edge some (typically Asian) e-commerce platforms have over European manufacturers and sellers. As a first step, from July 1, 2026, a EUR 3 customs duty will be introduced on shipments worth below EUR 150 which have been duty-free so far (only local VAT has been mandatory for them).
The post New customs duty introduced for non-EU packages from July 1, 2026 appeared first on Helpers Finance.
If your company does business in Hungary, you might need to register under VAT here and get a Hungarian tax ID. Helpers Finance usually offers this only to EU-based businesses, but below you can get a summary of why you would need VAT registration and how to get started.
The post VAT registration in Hungary appeared first on Helpers Finance.
Starting from September 15, new and stricter rules have been introduced regarding EU VAT invoices. If you have customers from other EU member states, read on to learn what changed and what you should watch out for.
The post Stricter rules for issuing EU VAT invoices in Hungary appeared first on Helpers Finance.
In line with new regulations, the MOSS (Mini One Stop Shop) will be renamed to OSS (One Stop Shop) and extended to cover a wide range of goods.
The post The OSS at work: VAT rates in the European Union appeared first on Helpers Finance.