Mytaxflow

Automate VAT compliance, manage obligations, and ensure accuracy across 90+ countries.

by Global VAT Compliance ยท Sales Tax & Indirect Tax

Executive Summary

Mytaxflow is an in-house solution by Global VAT Compliance, specifically designed to streamline VAT processes for businesses operating internationally. It offers advanced automation for routine VAT tasks, centralizing the management of VAT obligations. The software ensures compliance across a wide range of jurisdictions, supporting businesses in over 90 countries. The platform integrates with existing ERP systems and leverages API connectivity to facilitate real-time data exchange and reporting. This allows for automated tax reporting, e-invoicing capabilities, and alignment with various country-specific tax requirements like SAF-T and ViDA. Mytaxflow aims to reduce the operational burden on tax teams, enhance efficiency, and mitigate compliance risks. Global VAT Compliance also provides expert-led onboarding and advisory support, ensuring that finance and IT teams can effectively utilize Mytaxflow to manage their full VAT lifecycle, from data input to filing and remittance.

Use Cases

  • Streamlining VAT filing and reporting across multiple jurisdictions.
  • Managing and centralizing VAT obligations for international operations.
  • Automating e-invoicing processes to meet local compliance requirements.
  • Ensuring adherence to country-specific VAT regulations (e.g., SAF-T, ViDA).
  • Reducing operational burden and enhancing efficiency for tax teams.

Features

Visibility

  • Centralized VAT Management: Manage all VAT obligations and compliance activities in one unified platform.
  • Global Compliance Overview: Gain visibility into VAT compliance status across 90+ countries.

Intelligence

  • Automated VAT Calculations: Automates complex VAT calculations and adjustments for various jurisdictions.
  • Real-time Reporting: Provides real-time data exchange and reporting capabilities through API integrations.

Support

  • Expert-led Onboarding: Receive guidance and training for finance and IT teams to maximize platform utilization.
  • Advisory Support: Access tailored VAT advisory support to identify and mitigate compliance risks.

Technical Specifications

Architecture
API-first, scalable architecture designed for seamless integration with ERP systems and real-time data exchange.
Deployment
SaaS
API Available
Yes

Integrations

  • Parlez
  • ERP systems

Security & Compliance

Certifications: GDPR

Pricing

Target Customer
Mid-Market,Enterprise