countX provides an automated software solution for managing cross-border VAT compliance for online retailers across Europe. By offering a centralized platform for VAT registration, reporting, and personalized support, countX simplifies the complex requirements of international sales, enabling merchants to focus on growth while ensuring compliance.
Funding
Funding not disclosed
Founders
Product
Problem
Online retailers selling across Europe face complex and varying VAT regulations, requiring significant time and resources for registration, reporting, and compliance. Managing these cross-border VAT obligations can distract businesses from their core activities and growth initiatives.
Solution
countX offers an automated software platform designed to streamline VAT compliance for online retailers operating in Europe. The platform provides a centralized solution for VAT registration, local VAT return filings, and One-Stop-Shop (OSS) reporting. By automating data processing and offering personalized support, countX simplifies international sales, allowing merchants to focus on expanding their business while ensuring adherence to VAT laws. The service supports various use cases, including international EU sales, Amazon FBA programs (CEE and Pan-EU), and deliveries to the UK.
Target Audience
The primary target audience includes online retailers and e-commerce businesses selling goods across European borders, particularly those utilizing Amazon FBA or other international fulfillment networks.
Features
- Automated VAT ID registration in multiple EU countries
- Support for One-Stop-Shop (OSS) and Import One-Stop-Shop (IOSS) reporting
- Local VAT return filings in compliance with country-specific regulations
- Free setup check to identify VAT obligations
- Personalized consulting services for complex VAT issues
- Amazon FBA calculator for determining VAT requirements
- Automated data processing for efficient VAT management
- Support for various sales channels and fulfillment scenarios