Through their easy-to-use APIs, they have quickly become a critical component for online-first businesses looking to rapidly scale across international markets while remaining tax compliant.
Fonoa’s platform verifies the tax status of the buyer and seller, calculates the correct tax to charge, and creates a locally compliant invoice after a transaction takes place. Moreover, it allows for automatically reporting transactions in real-time to a country’s government where needed.
“Lemonway and Fonoa are both focused on supporting marketplace operators achieve scale and grow globally, through our partnership clients can access both organizations innovative product, passion, and knowledge of the marketplace sector.”
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