Company Information

Get to know empact - eCommerce EU VAT platform

Empact is a Software-as-a-Service (SaaS) company focused on simplifying cross-border EU VAT compliance for online merchants. The platform automates the entire VAT process, from registering for the Union One-Stop-Shop (OSS) scheme to collecting transaction data from various eCommerce platforms, calculating the correct VAT, and filing quarterly returns. Their mission is to remove the complexity and administrative burden of VAT regulations, allowing eCommerce businesses to focus on growth while remaining compliant across all EU member states.

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Technology Software DevelopmentPRIMARY
Financial Other Service

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empact - eCommerce EU VAT platform

Netherlands

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.