ForTaxPay solution centralizes, accelerates,
and simplifies.
Efficient Cross-Border Trade
The FTP solution speeds up the operations of freight forwarding companies and customs authorities in monitoring and processing cross-border trade. Advanced automation of FTP’s software also enables safer data exchange.
Unpaid VAT
Failure to pay the mandatory VAT at the border leads to delays in the operations of transport companies, forwarding companies and customs and causes costs for all parties involved. FTP’s solution enables clarifications in advance, which speeds up the process at the border.
Supply Chain Costs
Use the automatic VAT and customs payment calculator and import declaration in your own solution and reduce supply chain costs.
Here’s how ForTaxPay works within the partner’s application:
After purchasing a net-priced product from an online store (e.g., shop, wholesaler, producer, or tax-free warehouse), the user attaches a PDF receipt of the purchased product to his account.
ForTaxPay’s AI function processes the image and converts it into text data, filling in the necessary text fields required for importation on the user’s account.
When the purchased product arrives at customs, the user receives a notification in the partner’s app or on their web browser. If the user has attatched the purchase receipt, the customs notification will automatically identify the relevant product.
If the user hasn’t attatched the reciept, the customs notification will prompt the user to confirm ownership and start the customs clearance process manually, or attach the reciept.
Meet our team
ForTaxPay Finland Oy is a Finnish software development company that produces digital solutions for streamlining business processes. Our team’s versatile expertise and agility enable cost-efective implementations that provide significant added value to our customers’ digitalization projects.
FTP core team is closely working with EU-Non EU customs procedures and VAT Compliances specialists. We have also cooperated with several financial institutions and last mile delivery companies during the project.
