Taxdoo offers an automatic whole-service solution for VAT billing in cross-border e-commerce.
Details about Taxdoo
Up until now, the profusion of VAT regulations in EU countries has presented a real challenge for e-commerce enterprises wanting operate across borders. Every sale, both on proprietary shops or platforms such as eBay and Amazon, is subject to VAT of some kind, and once merchants have mastered the sales tax regimes of their home territories, VAT regulations in other countries add another layer of complexity which can require a huge investment of time and know-how.
By providing automated interfaces which collate and transmit all relevant data to its partner Amavat, Taxdoo is starting to simplify this area of cross-border commerce. Amavat prepares and files for VAT returns with the authorities in each country, meaning that all the merchant has to do is to pay the VAT: no complicated uploads, no stress with the tax office, no hassle. Taxdoo works out the point at which its users become taxable in each country in which they do business and then takes care of it all independently. The basis for providing this service is a connection to the various sales channels concerned, something the merchant can set up in a matter of clicks. Start-up Taxdoo is the first – and currently only – company offering a service of this kind, and shops and entrepreneurs can use the service for a fee starting at €89 per month.