ClearVAT Description

Experience seamless borderless e-commerce with ClearVAT, which facilitates swift entry into European markets and enhances your business portfolio, allowing for efficient scaling while mitigating VAT risks and compliance responsibilities. By using ClearVAT, your sales to B2C consumers across all EU-27 nations and the UK are exempt from VAT. This service ensures that your online store transparently displays prices inclusive of the relevant country-specific VAT rates, such as 19% for Germany, 23% for Poland, or 22% for Italy, tailored to each customer. Moreover, if a customer's delivery address is altered during checkout, ClearVAT automatically recalculates the final cost based on the updated destination. ClearVAT assumes the responsibility of collecting payments from consumers, while the retailer takes care of shipping the products directly to customers. Once the transaction is completed, ClearVAT handles VAT payments to the respective authorities and forwards the principal amount to the retailer, retaining a transaction fee that ranges from 1.25% to 4.75%. This streamlined process not only simplifies VAT management but also empowers retailers to focus on growth and customer satisfaction.

Integrations

No Integrations at this time

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Company Details

Company:
eClear AG
Headquarters:
United States
Website:
eclear.com/vat/

Media

ClearVAT Screenshot 1
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Product Details

Platforms
Web-Based

ClearVAT Features and Options

Sales Tax Software

Address Validation
Audit Trail
Consumer Use Tax
Exemption Management
Tax Calculator
Tax Filing
Taxability Verification
Transaction Tracking
Value Added Tax (VAT)

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