empact- VAT compliance TaxTech SaaS platform

Name of the product or service

empact offers end-to-end one-stop-shop automated services based on partnerships&smart technology which removes all VAT compliance responsibility&burden from global businesses that sell in the EU&UK.

Votes: 73

Product or service description

empact is a TaxTech SaaS platform that offers a one-stop shop for VAT compliance for global e-commerce businesses in 27 European Union member states and the UK. The cloud-based system seamlessly integrates with any platform and marketplace, provides real-time transparency, and enables sellers to focus on their core business. The platform automates the entire reporting and filing process, helping sellers remain compliant while reducing the human resources required to do so. empact also provides its users with their own VAT number and a sales threshold of 10,000 euros per seller for sales up to 150 euros each, taking the burden of VAT compliance off sellers.

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!

Distinction from the competition

With empact's end-to-end solution, we enable businesses to easily access a wider range of services and benefits, previously unavailable without other platforms, making VAT compliance more efficient and convenient. The key features include:

  • Immediate receipt of a VAT Number
  • Instant import and sales capabilities in 27 EU states and the UK market
  • Efficient management of local stock in Europe leading to reduced shipping costs
  • Increased conversion rates and regional footprint in the EU and UK markets
  • Positive cash flow increase and net profit boost of over 20%
  • Establishing win-win partnerships with strategic parties in the ecosystem for seamless remote business management.
  • Comprehensive VAT compliance with minimal cost, zero effort, and maximum coverage
  • Swift recovery of payments within the EU and UK market
  • Access to a full range of supply chain services at competitive prices
  • Ability to expand into any local eCommerce platform
  • 24/7 visibility into VAT compliance, payments, and supply chain services through an end-to-end streamlined process facilitated by smart technology, allowing businesses to make real-time decisions and ultimately increase their footprint in the local market while scaling their operations to the next level.
Product or service innovations

Datasync: The ultimate feature developed by empact to eliminate the enormous resources invested into the creation of API integrations or their maintenance. With empact’s Data Sync feature, there is no need for API integration any longer, which means that data can be received on our side seamlessly by only simple sales reports issued from any online shop or ERP system with no limitations.

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 of the value, and, upon clearance in Europe, each order will be domestically shipped to its destination. The outcome is:

  • Improved customer experience
  • Increased conversion rate
  • Reduce your shipping costs
  • Improved shipping time

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 of selling as a local EU business with 0% VAT on importation.

Customer case study

A US-based Amazon seller faced a critical situation when their 40 ft container, with 1800 cartoons, got stuck in Germany due to new import restrictions for non-EU established companies. Despite having a valid German VAT number, the seller incurred demurrage fees of 4,000 EUR over 4 weeks. Without prior knowledge of the new regulations and lacking support from tax experts and shipping partners, the seller turned to empact for help. Our operations team arranged a solution, including T1 to the Netherlands, customs clearance with 0 VAT, offloading at a partner's fulfillment warehouse, and efficient coordination with Amazon FBA. This intervention saved the client a total of 19,000 EUR, showcasing how empact resolves critical issues and prevents unnecessary expenses for businesses.


EGA contest categories

Best Sales & Growth Solution

Recognizing top tools driving sales and business growth, this category celebrates a wide spectrum of solutions. From Mar... (more)

Best Communication & Engagement Solution

In the "Best Communication and Engagement" category, we celebrate the innovative solutions that empower e-commerce busin... (more)

Best Customers Experience Solution

In the 'Best Customers Experience' category, we celebrate solutions that collectively elevate the e-commerce shopping jo... (more)

Best Global Expansion Solution

In the category of "International Expansion and Globalization," we commend solutions that empower e-commerce businesses ... (more)

Best Logistics and Shipments Solution

In the "Logistics and Shipments Solution" category, we honor innovative solutions that revolve around the complex world ... (more)

Best Fulfillment and Optimization Solution

The "Fulfillment and Optimization" category celebrates solutions that empower e-commerce businesses to deliver exception... (more)

Best Platform & ERP

In the "Best Platform & ERP" category, we recognize the industry's leading solutions powering businesses with transforma... (more)

Best Payment Solution

In the realm of Best Payment Solutions, we celebrate cutting-edge offerings that redefine the way businesses process tra... (more)

Best Analytics & BI Solution

In the realm of the Best Analytics/ BI Solutions category, we commend exceptional solutions that empower businesses with... (more)

Best Agency Showcase

In the 'Best Agency Showcase' category, we celebrate agencies that have achieved excellence through their transformative... (more)

Best Omnichannel & Integration Solution

In the "Omnichannel & Integration Solution" category, we celebrate the e-commerce solutions that seamlessly connect the ... (more)

Best Tech Evolution & Innovation

In the 'Evolution & Innovation' category, we celebrate visionary tech solutions that not only redefine the digital comme... (more)

Passionate about e-commerce? Join us on 22.02.2024!

Register now and get your complimentary ticket for E-commerce Berlin Expo! Explore 5 stages of presentations and meet 250+ exhibitors!

You will receive a digital ticket as a ready-to-print .pdf file a few days before the event. Your registration means acceptance of the Terms & Conditions.

E-commerce Germany Awards 2025

Networking Party & Awards Ceremony

  • 19th February 2025

    Event date

Support

Do you have any questions? Feel free to ask!
Aleksandra Dalemba Event Manager
awards@ecommerceberlin.com
  • 19th February 2025

    Event date