Lovat OMP tax management benefits

  • Real-time tax calculation

    Lovat Marketplace API is a powerful tool you can integrate into your checkout flow. Support sales, use, withholding, VAT, and reverse VAT taxes.

  • Tax accounting

    At the LOVAT platform, you can fill and submit VAT returns, sales tax returns, IOSS, and OSS tax returns directly to tax authorities.

  • Monthly tax reports for Vendors

    Your vendors even when they don’t pay VAT or sales tax need to have sales data with information about remitted tax.

  • Reports for tax authorities for more than 60 countries

    Recordkeeping regulations differ in every country. Data matrix set for each country of your tax obligations.

Expert advice every step of the way

Tax requirements for marketplaces can be overwhelming. Therefore we offer you onboarding support from our tax team. Based on your requirements they analyze together with your tax consultant the situation and offer a solution. LOVAT has helped to set tax management for marketplaces in more than 50 countries. Everything we’ve learned is available to you through our guides, blog, and expert support.

Features

Lovat Marketplace API handles the most demanding customer requirements, delivering an experience simple enough for anyone to adopt:

  • Threshold tracking- keep track of your global sales and
  • Tax number checker- Validate VAT/GST number for exempted or reverse charge transactions
  • Geolocation – determine ZIP code and tax rate from IP address
  • Access to worldwide standard tax rates and reduced tax rates
  • Multy vendor ready
All-in-one solution for your global tax liabilities
 Automatically files your tax reports

Real time tax calculation

Lovat Marketplace API is a powerful tool you can integrate to your checkout flow. Support sales, use, withholding, VAT, and reverse VAT taxes.
Upload your sales data from different sources

Tax accounting

At lovat platform you can fill and submit VAT returns, sales tax returns, IOSS and OSS tax returns directly to tax authorities.
Available in 57 countries

Monthly tax reports for Vendors

Your vendors even when they don’t pay VAT or sales tax need to have sales data with information about remitted tax.
Available in 57 countries

Reports for tax authorities for more than 60 countries

Record keeping regulations differ in every country. Data matrix set for each country of your tax obligations.

Meet our customers

Good API for Marketplaces. Easy to deploy. Took us one month to start. We use it in test mode till the end of the year. We installed it to get ready for BREXIT and new OMP rules. We have new obligations in the UK with the end of the transition period. We collect all the data for HMRC and calculate VAT for us as and for our vendors

Max B

CMO
Our business is operating both in EU and USA the solution which LOVAT offers to cover both regions was a welcomed one for our needs. Integration with various marketplaces and even our own website are working well and without any errors. Also LOVAT support helped us to solve some problems we had with tax authorities as we missed some of the retroactive VAT returns to be filed and didn't know how we solve this. The pricing is also not that expensive for a high-quality product.

Risper M

Due to this platform I do not need a tax expert in my team" The platform is well integrated with my website. The platform is regularly upgraded with new features and due to new tax rules. A bit disappointing is that the support is not available on weekends. It would be great to have 24/7 support

Willis R

Retail Owner
This software is amazing in the case of filing VAT return in a few click. With the help of the Lovat platform, I can confidently submit my returns in the needed country without missing deadlines. Also, I've registered my company for VAT, and this procedure was painless for our team.

Charlie N

Best tax reporting service ever! Very professional and helpful staff, easy and reliable software to use, pricing is also great.

Adam Sekuła

FHU SOLID
Tax reporting with Lovat is made with a higher level, it is automated and easy to use. The customer service delivers fast and consistent answers, it is always online with a chat to solve problems instantly. Pricing is an issue for us, and they are definitely competitive.

Alfonso Rusciano

Stargem Srl
Lovat helps me to calculate VAT to various countries. Since my business operates in multiple countries, it's not easy to calculate them accurately. But with Lovat, VAT calculation does not bother me anymore.

Dmytro Belko

BotsCrew
My favorite thing about Lovat is the automation of almost everything. With the different integrations possible – I’m able to upload my data, fill the return and submit it a few clicks and all in one place and this saves really much time for me and keeping me sure that I’m up to date with everything regarding taxes.

Dmitry Chervonyi

Belkins
It used to be very time-consuming to submit all my VAT returns and complete VAT registration in every country where my business has expanded to Now, thanks to LOVAT, this is in the past.

Zalina Nizhegorodova

OWOX BI

Frequently asked questions

What payment methods do you offer?

We accept payment through PayPal or bank transfer after the invoice is issued.

Can I access LOVAT Software offline?

You will need an internet connection to access LOVAT.

Can my accountant get access to my account?

Sure. After you sign up, you can add the new user with their own login to access the account.

How do I make sure my data is secure?

When you use LOVAT software, all your data is stored on our servers in the cloud.

I sell goods to several States in the US. The monthly value in 10 States is approaching the threshold for Sales Tax. How will be the tax counted for all the States?

You will need the Subscription for 1 country – USA. All the states will be included in the report. Choosing the subscription without auto submission you are supposed to submit the report by yourself. In case you need to do it automatically you will have to order the auto submission and pay additionally per each report.