New VAT rules for e-commerce from 1 July 2021

From 1 July 2021, the new European VAT rules for e-commerce will be transposed into Belgian law. These rules aim to simplify the levying of VAT on cross-border online sales of goods and services.

Of decisive importance is the introduction of a new annual turnover threshold of EUR 10,000 and, consequently, the abandonment of the various turnover thresholds that were hitherto determined by the Member States themselves.

Another important regulation is the introduction of the Mini-One Stop Shop scheme (MOSS). In essence, this will allow European e-commerce businesses for B2C services to pay foreign VAT through an OSS declaration in one Member State (where they are established). As a result, companies will no longer have to register for VAT in every Member State where they supply services. For non-EU companies, the Member State of identification will apply.

These changes, as well as all the other "quick fixes" that will be implemented as of 1 July 2021, will have a significant impact on your VAT obligations, which we will be happy to assist you with.