Definition
An OSS (One-Stop Shop) intermediary is a third-party service provider that assists businesses with their obligations under the EU's One-Stop Shop (OSS) scheme for distance sales of goods and certain domestic supplies of services. The OSS intermediary facilitates VAT compliance, registration, filing, and payment processes across multiple EU member states, helping businesses streamline their cross-border sales activities and comply with VAT regulations.
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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.