The compliance platform Taxdoo enters into a strategic partnership with the French e-commerce platform Prestashop. Prestashop is considered the leading provider of open source shopware in Europe and South America with over 300,000 e-commerce websites worldwide.
With the cooperation, Taxdoo and Prestashop want to jointly contribute to online merchants being able to fully meet their compliance requirements and thereby eliminate VAT liability risks.
The Hamburg-based start-up is thus pushing ahead with its EU-wide expansion. Only recently, Taxdoo announced a cooperation with the French marketplace provider Mirakl.
Thanks to the cooperation with Taxdoo, Prestashop users have the possibility to process their international sales with Value Added Tax in a fully automated way and with just a few clicks. Due to increasingly complex regulatory framework conditions – not least since the EU VAT E-Commerce Package reform on 1 July 2021 – online retailers must pay even more attention to the correct processing of their Value Added Tax .
“We are very excited to partner with Taxdoo, the leading European solution for automating and simplifying VAT and financial accounting in e-commerce. Due to the new, more complex European VAT regulations, we need strong partners to guide our users through new regulations. Taxdoo makes it especially easy for our merchants thanks to its intuitive all-in-one platform,” says Valerio Martelli, Vice President Partnerships at Prestashop.
With just a few clicks, the Value Added Tax can be paid off correctly throughout the EU
In future, Prestashop customers will be able to directly select Taxdoo as a cost-effective partner for further VAT processing. After registering with Taxdoo, the online merchant can select the package that suits him and connect his shop to Taxdoo. The transaction valuation is carried out automatically in real time with Taxdoo and maps the VAT law of all 27 member states of the EU as well as Great Britain.
“Through Taxdoo’s partnership with Prestashop, even more internationally active online traders will be able to rely on secure VAT processing in the future. At the same time, this creates more freedom for them to concentrate on the actual business,” says Dr Matthias Allmendinger, co-CEO of Taxdoo.
Taxdoo takes big steps towards internationalisation
With this solution, Taxdoo is currently the only European partner of
Prestashop and thus takes the next big step towards
internationalisation. With the recently entered partnership with Mirakl, the French SaaS provider for marketplaces, Taxdoo already took the first step with a partner with a strong reach.
As a pan-European provider, Taxdoo offers its partners a major advantage: thanks to the particularly high EU security standards and DSGVO compliance, the risk of partners and their customers being held liable is minimised.
Taxdoo is the compliance platform for the digital economy. Taxdoo enables marketplaces, online retailers and their tax advisors to process international Value Added Tax and financial accounting automatically and to meet all relevant compliance requirements.
Taxdoo supports a four-digit number of customers with its platform. In December 2020, the company won the TAXCELLENCE Award 2020 as the best “Tax Technology Solution”. Taxdoo is headquartered in Hamburg and is backed by investors Accel, HTGF, Visionaries Club and 20VC.