LOVAT

LOVAT

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LOVAT is an app that manages VAT, sales tax, and EPR compliance, automating calculations, filings, and notifications for businesses across multiple jurisdictions.

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LOVAT is a lightweight yet powerful all-in-one platform designed to manage global VAT, sales tax, and EPR (Extended Producer Responsibility) liabilities with speed and precision. Despite its simplicity and ease of use, LOVAT offers robust capabilities that support businesses in maintaining full compliance across multiple jurisdictions. The platform collects sales data across any channel and automatically calculates, prepares, and files tax returns using accurate, transparent tax computations. Users can view the methodology behind every calculation, ensuring clarity and confidence in their compliance status. Key capabilities include: * Multi-channel sales data aggregation * Real-time tax threshold tracking * Automated notifications for upcoming filing deadlines * Secure data storage and access for up to 10 years * Comprehensive dashboard for real-time oversight LOVAT is built to scale with global businesses, offering coverage in regions including the EU, USA, Canada, Australia, Japan, the Middle East, South America, and others. The platform also integrates with major marketplaces and commerce platforms such as Amazon, eBay, Shopify, Etsy, Magento, WooCommerce, Stripe, and more in development. In addition to its core software features, LOVAT provides extensive learning resources, including video tutorials and manuals, and offers dedicated customer support via live chat, email, or phone. Expert guidance is available for specialized services such as VAT/sales tax/EPR registration, audit preparation, and tax payment assistance. LOVAT empowers businesses to expand confidently across borders with a solution that is fast, compliant, and easy to manage.

LOVAT is a comprehensive tax compliance solution designed to streamline financial operations for businesses operating across multiple jurisdictions. It offers accurate tax calculations, reminders for tax due dates, and automatic filing capabilities, ensuring that businesses stay compliant with evolving tax regulations. The app supports e-invoicing, enabling the creation and transmission of electronic invoices in compliance with international standards like PEPPOL. This helps businesses save time and reduce the risk of errors associated with manual processes.

One of the key benefits of LOVAT is its ability to integrate with various platforms, facilitating seamless data exchange and compliance with local regulations. For businesses expanding into new markets, LOVAT provides valuable support in registering for VAT in multiple countries, making international expansion smoother. Additionally, the app offers real-time support from tax experts, ensuring that businesses receive timely assistance when needed.

LOVAT's features are particularly beneficial for e-commerce sites that ship products to numerous countries, as it helps manage complex import rules and regulations. By automating VAT filings and providing regular system updates, LOVAT ensures that businesses can focus on core operations while maintaining compliance with tax laws. The app's recent updates include the introduction of DAC7 reporting for online marketplaces and enhanced multi-currency support, further expanding its capabilities in tax compliance.

This description was generated by AI (artificial intelligence). AI can make mistakes. Check important info.

Website: vatcompliance.co

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