Taxually
About Taxually
The startup offers cloud-native VAT compliance software that automates the management and submission of VAT returns for international businesses. This solution reduces administrative burdens, enhances compliance quality, and ensures timely submissions, allowing clients to focus on core business activities.
```xml <problem> Managing VAT compliance for international businesses is complex, time-consuming, and prone to errors due to varying regulations across different jurisdictions. Businesses face challenges in accurately tracking, reporting, and submitting VAT returns, leading to administrative burdens and potential non-compliance risks. </problem> <solution> Taxually offers a cloud-native platform designed to automate and streamline VAT, sales tax, and environmental tax compliance for businesses operating globally. The platform integrates with e-commerce platforms and accounting software to centralize sales data, automatically calculate tax liabilities, and validate data for accuracy. Taxually supports VAT registration and deregistration, real-time VAT calculations, distance selling threshold monitoring, and direct communication with tax authorities. The platform also offers solutions for Extended Producer Responsibility (EPR) and plastic taxes, ensuring compliance with environmental regulations. </solution> <features> - Automated VAT and sales tax calculations across multiple jurisdictions - Integration with e-commerce platforms (e.g., Amazon, Shopify) and accounting software - Real-time monitoring of distance selling thresholds - Direct communication with tax authorities - Support for VAT registration, deregistration, and returns - Solutions for Extended Producer Responsibility (EPR) and plastic taxes - Data validation and error correction using machine learning - Consolidated reporting and analytics dashboards - OneTax solution for streamlined cross-border VAT payments in a single currency - White-labeling options for accounting providers </features> <target_audience> Taxually targets e-commerce businesses, enterprises, and accounting providers that require efficient and accurate solutions for managing global VAT, sales tax, and environmental tax compliance. </target_audience> <revenue_model> Taxually offers competitive pricing, with customized packages based on the scale and specific needs of the business. </revenue_model> ```
What does Taxually do?
The startup offers cloud-native VAT compliance software that automates the management and submission of VAT returns for international businesses. This solution reduces administrative burdens, enhances compliance quality, and ensures timely submissions, allowing clients to focus on core business activities.
Where is Taxually located?
Taxually is based in Budapest, Hungary.
When was Taxually founded?
Taxually was founded in 2018.
How much funding has Taxually raised?
Taxually has raised 32400000.
- Location
- Budapest, Hungary
- Founded
- 2018
- Funding
- 32400000
- Employees
- 160 employees
- Major Investors
- Ardian