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EAS Project

Estonia
Market: Internet and IT, Services, Financial services
Stage of the project: Operating business

Date of last change: 03.09.2024
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Idea

EAS opens the world for ecommerce by removing and automating cross-border compliance

Current Status

1500+ customers in 50+ countries. 2/3 UK based. sizes varying from mini to multibillion.

Problem or Opportunity

Compliance issues are the main reason why companies are not internationalising. The cost of cross-border VAT compliance for SMEs was found to be 10% of revenue (source: EU Commission). 500 online stores out of 940.000 are responsible for 61% of cross-border sales in EU.

Companies are using very expensive marketplaces to remove the hurdles making them struggle in controlled ecosystem with heavy costs instead of selling directly themselves.

EAS simplifies the tech stack and internal processes for the large sellers while opens the markets for small ones.

Solution (product or service)

We have built a full, scalable tax engine. EAS full integrations to ecommerce platforms already covering 80%+ of global stores facilitates no-code onboarding and fully automated operations.

No need for consultancy or spreadsheets, everything is automated.

The only solution able to automate the most complicated cases with multiwarehousing, all tax schemes, physical and digital goods and reduced VAT rates.

Business model

Transaction volume based invoicing with monthly minimum. SaaS.

Team or Management

Incubation/Acceleration programs accomplishment

Kiuas Accelerator
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