Definition
MOSS (Mini One-Stop Shop) is a scheme introduced by the European Union (EU) for value-added tax (VAT) reporting and payment on business-to-consumer (B2C) supplies of digital services across multiple EU member states. The MOSS allows businesses to register in one EU member state and report and pay VAT for all eligible transactions in other member states through a single electronic portal, simplifying VAT compliance for cross-border digital transactions.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.