Frequently asked questions

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What is Valued Added Tax?

Value Added Tax (VAT) is an indirect tax on the supply of goods and services – and it adds up fast. Rates range from 5% to 27%, increasing your operating costs every time you trade. And because VAT rules vary by country, staying compliant is complex. VAT goes by many names around the world:

What services does Fintua provide?

Fintua is a global leader in indirect tax compliance and tax technology. Our all-in one-platform streamlines global VAT compliance, recovery, eInvoicing and payments – helping businesses navigate the complex indirect tax landscape with ease and confidence

What is ViDA?

ViDA stands for VAT in the Digital Age — a major initiative from the European Commission to modernise the VAT system by 2028. It’s driven by three key needs:-Closing the VAT gap-Simplifying compliance-Improving data analysis and forecasting ViDA is about making VAT fairer, faster and more effective — especially in a world where cross-border trade […]

What are the benefits of using Comply?

Comply simplifies global VAT compliance through automation, integrated payments and real time analytics. It reduces manual errors, saves time and ensures regulatory accuracy across jurisdictions. Businesses benefit from scalable solutions, enhanced audit readiness and secure data handling.

What support options are available with Comply?

Fintua offers flexible support models tailored to your business needs:

How does Comply simplify VAT compliance for global businesses?

Comply takes the complexity out of global VAT compliance. It automates the entire process – from preparing returns to submitting them – across multiple jurisdictions.  By integrating with your ERP system, it cuts out manual work, reduces errors and  saves valuable time.You also get: It’s everything you need to stay compliant, stay accurate and stay […]

How is Pay different from traditional cross-border payment providers?

Unlike traditional providers that rely on multiple intermediaries, Pay uses a proprietary Global Settlement Network with local bank accounts in 162 countries. This reduces fees, eliminates delays and ensures fast, compliant transactions—all managed through a single, integrated platform. With real-time tracking, advanced forecasting and built-in compliance features, Pay transforms payments from a cost center into […]

Is Pay compliant with local and international financial regulations?

Yes. Pay operates with one of the largest payment license footprints in the industry and adheres to the highest global banking standards. This ensures your transactions are secure and compliant across all supported jurisdictions. Our platform also provides real-time visibility into VAT obligations and offers automated scheduling to reduce compliance risks.

What types of businesses benefit most from using Pay?

Pay is ideal for globally operating businesses managing payments across multiple countries—especially those with complex VAT and tax compliance needs. Enterprises looking to reduce manual processing, eliminate payment errors and gain full visibility into cross-border transactions will see immediate ROI through cost savings, efficiency, and risk mitigation.

What type of VAT can Recover help reclaim?

Recover supports the reclaim of both domestic and foreign VAT. Whether it’s VAT on travel expenses, accounts payable or supplier invoices, Recover identifies eligible transactions and processes them through a fully compliant and automated workflow. Maximising your reclaim potential with minimal manual input.

How does Recover integrate with our existing systems?

Recover seamlessly integrates with major Expense Management Systems (EMS) and ERP platforms. This connection can extract relevant transactional data securely, analyse it for reclaim opportunities, and feed it into an automated process—reducing workload while ensuring accuracy and compliance.

Is Recover compliant with local and international tax regulations?

Yes. Recover is built to stay aligned with local and international VAT laws. Its intelligent automation ensures each step of the reclaim process is compliant, helping your business stay audit-ready and avoid penalties—no matter the jurisdiction.

Is Fintua’s eInvoicing solution compliant with international standards?

Yes, Fintua’s e-invoicing solution, eInvoice, is designed to comply with international e-invoicing standards, such as the European standard EN 16931. This ensures interoperability across different countries and systems, facilitating seamless cross-border transactions.

What are the benefits of using eInvoice?

Fintua’s eInvoicing solution offers several advantages:

What is eInvoicing?

eInvoicing, or electronic invoicing, involves sending and receiving invoices in a structured digital format, enabling automated processing by accounting systems. Fintua’s eInvoicing solution streamlines this process by allowing businesses to generate, send and manage invoices electronically, reducing manual errors and accelerating payment cycles.