Sell into new markets without taking on the transaction-tax operation yourself
Onbold handles the transaction tax attached to the Buyer purchase.
That includes calculating, collecting, filing and remitting applicable VAT, GST or sales tax — and determining where different treatment, such as a valid B2B exemption, may apply.
What Onbold handles
Onbold manages the transaction-tax process, including:
- tax calculation
- collection at checkout
- required registrations
- filing
- remittance
The treatment depends on the Product, Buyer, location and applicable rules.
B2B can work differently
Where B2B tax treatment is available, Onbold verifies the Buyer's business and tax details before applying it.
Physical goods add another layer
Cross-border physical goods can involve customs and import duties as well as transaction tax.
Onbold requires a fulfilment model that gives us visibility into delivery and confirms that duties are paid where required, so the Buyer is not surprised by additional charges after purchase.
This normally means trackable fulfilment through a professional 3PL or equivalent provider, with duties-paid delivery where applicable.
Your own business obligations remain yours
Onbold handles the tax attached to the Buyer-facing retail sale. That does not replace the tax obligations of your own company or the supply relationship between you and Onbold.
The practical benefit
Tax and cross-border obligations quickly become difficult to manage across multiple markets.
Onbold coordinates the calculation, collection, registration, filing, remittance and, where relevant, duties-paid fulfilment requirements into a workable operating process.
What is complex for the Seller becomes part of the Onbold operating model.
For the Seller, that means less infrastructure to build, fewer specialist processes to manage, and a more sustainable way to sell across markets.