Lovat
Automate global VAT, sales tax, and EPR compliance for e-commerce businesses.
Executive Summary
Lovat is an AI-powered tax compliance platform designed for e-commerce businesses and marketplaces selling globally. It automates VAT, sales tax, and EPR calculations, filings, and payments across over 111 countries, streamlining cross-border tax compliance and reducing manual errors. The platform offers real-time tax determination, AI-driven document recognition, and direct submission to tax authorities, enabling businesses to focus on growth while ensuring regulatory adherence.
Use Cases
- Automating VAT and sales tax calculations for cross-border e-commerce sales.
- Ensuring compliance with Extended Producer Responsibility (EPR) regulations in multiple countries.
- Generating and submitting e-invoices to comply with government mandates.
- Tracking economic nexus and tax registration thresholds to avoid penalties.
- Managing VAT and GST registrations and filings in over 111 countries.
- Providing audit support and securely storing historical tax data.
Features
Visibility
- Real-time Tax Obligation Tracking: Monitor current VAT, sales tax, and EPR obligations across all operating countries with up-to-date information.
- Threshold Monitoring: Automatically track cross-border sales against economic nexus and tax registration thresholds to ensure timely compliance.
- Audit Trail & Historical Data Storage: Maintain a comprehensive audit trail and securely store historical tax data for future reference and audit support.
- Customizable Reporting: Generate tailored reports for various tax authorities and internal analysis, including pre-formatted options like JPK and Intrastat.
Intelligence
- Automated Tax Calculation: Accurately calculate VAT, sales tax, and GST for 111+ countries, adapting to local rules, tax holidays, and specific product categories.
- AI-Powered Document Recognition: Utilize machine learning to automatically extract and qualify essential information from tax documents, reducing manual data entry and errors.
- Predictive Compliance Alerts: Receive proactive notifications and recommendations based on sales patterns and tax law changes to maintain compliance.
- Automated Tax Filing: Streamline the submission of tax returns directly to tax authorities, ensuring timely and accurate compliance.
Support
- Multi-channel Customer Support: Access support via email, live chat, and a dedicated tax expert team for guidance and problem resolution.
- Tax Academy & Training: Utilize online resources and training to understand tax regulations and effectively use the platform.
- Consultation Support: Premium plans include dedicated consultation hours with tax experts for in-depth assistance.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- Two-step authentication (MFA), Basic Authentication for API
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- Machine Learning
- Natural Language Processing (implied by document recognition)
Integrations
- Amazon
- eBay
- Shopify
Security & Compliance
Encryption: Data stored securely, specific encryption details not publicly disclosed.
Pricing
- Model
- Tiered subscription (monthly or annual)
- Starting Price
- Starting at $30/month (Start-up plan, billed annually for Sales Tax) or $38/month (Start-up plan, billed annually for VAT). Free plan available.
- Target Customer
- Startups, SMBs, Mid-Market, Enterprise
- Contract Type
- Monthly, Annual (with discounts)
- Free Trial
- Yes, 14 days (credit card required)
About Lovat
Lovat is an international company founded in 2018, specializing in tax management solutions for e-commerce businesses. Their platform simplifies VAT compliance and sales tax reporting across 111 countries, integrating with popular marketplaces like Amazon, Shopify, eBay, Etsy, and Aliexpress. Headquartered in Edinburgh, Scotland, Lovat aims to make tax compliance accurate and straightforward for global sellers.