EU VAT SaaS Platform
empact offers an instant SaaS technology platform as a one-stop shop for all VAT compliance shops in 27 EU member states and the UK market through a real-time transparent tool that combines technology with an out-of-the-box approach. empact offers the ability to automate the entire reporting and filing process, helping sellers remain compliant while reducing the human resources required to do so.
empact is the only platform that removes the entire VAT compliance responsibility and burden from sellers and opens up for them the ability to sell in 28 countries as locals in just one click and provides its users with their own VAT number.
Whether you are a SaaS company, Tax Advisor, Payment provider, Accounting firm, eCommerce platform, or logistics & supply chain, empact can complement your business and customers perfectly!
With empact you help your customers to build their business and remove the hassle from you to focus on your expertise!
Thanks to empact's one-stop-shop solution, we allow sellers, merchants, logistics, and supply chain service providers to easily access a wider range of services and benefits that were previously unavailable to them without other platforms, making VAT compliance more efficient and convenient.
VAT Reporting Tool: The perfect tool for auto reporting generation for eCommerce sellers who are acting with their own VAT numbers to reduce time &money resources as well as penalties for inaccurate/late reporting.
Console Service: Console service shipment provides the ultimate solution for cross-border sales to increase your conversion rate for direct sale rover with a value higher than 150 EUR per order.
These days, there are 2 ways for the seller to ship orders- DDP terms which reduce their profits, or DDU terms which significantly reduce the conversion rate.
With empact’s console solution, the seller can create a console shipment of several orders that will be cleared as 1 shipment containing all your orders on behalf of empact with 0% VAT regardless the value, and, upon clearance in Europe, each order will be domestically shipped to its destination. The outcome is:
B2B Offline: The perfect solution for traditional cross-border trade into Europe to enable B2B sales in door-to-door terms, eliminating the necessity to establish a local EU entity and having the benefit to sell as a local EU business with 0% VAT on importation.
A cross-border retailer who imports stocks into a European warehouse had to pay $50,000 on monthly basis for VAT on imports- which forced him to pre-fund the stocks. With empact, he is no longer paying VAT upon imports but only when the goods are being sold and paid by the end consumer. Now he can buy more stock with better pricing, improved cashflow, and more sales.
Perfumes retailer in the US with a monthly turnover of $50,000. When the EU VAT regulation came into force he didn't register for VAT due to the complex process and costs. In an absence of VAT compliance setup, he had to face with low conversion rate and reduces sales by 50% since his clients refused to pay an additional VAT charge which wasn't billed during the checkout and had to be invoiced in the custom clearance process. When their order arrived to the EU destination customs. When he heard about empact platform which provides him full coverage at min costs, he immediately signed and as a result, he got the VAT numbers from empact, his clients were no longer bothered with unexpected fees and as a result, he doubled his sales by 100%.
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