Taxdoo
Taxdoo is a financial technology company specializing in automated tax compliance solutions for online businesses.
Services
Taxdoo specializes in automated VAT compliance solutions. The company offers a platform that simplifies the complex VAT-related processes for e-commerce sellers and other businesses operating internationally. Their services include automatic data collection from various e-commerce channels, real-time tax calculation, and seamless integration with accounting systems. This helps businesses comply with VAT regulations across multiple countries, avoiding the intricacies of manual tax management.
Founders
Taxdoo was founded by Dr. Roger Niederer, Christian Königsheim, and Matthias Allmendinger. The three founders combined their expertise in finance, technology, and e-commerce to create a comprehensive solution for VAT compliance. Their vision was to leverage technology to reduce the complexities associated with international VAT processes, making it easier for businesses to focus on growth rather than administrative burdens.
Products
Taxdoo's primary product is its automated VAT compliance platform designed for e-commerce and international operations. The platform offers features such as automated data import from marketplaces and online shops, real-time VAT calculation, and integration with ERP systems. Additionally, it provides detailed reporting and ensures compliance with VAT regulations in various jurisdictions. The platform is designed to be user-friendly and scalable, catering to both small businesses and larger enterprises.
History
Taxdoo was established to address the growing need for efficient VAT compliance among businesses engaged in cross-border e-commerce. The founders recognized the potential for technology to simplify VAT processes and launched the company with a focus on automation and accuracy. Over the years, Taxdoo has grown and expanded its customer base, becoming a key player in the VAT compliance sector for e-commerce.
Sector
Taxdoo operates within the tax technology sector, specifically focusing on VAT compliance for e-commerce and international businesses. The company leverages cloud-based solutions and automation to streamline the VAT process. This sector is critical for businesses that sell products across borders, as it ensures compliance with different countries' tax regulations, reducing the risk of penalties and legal issues.