Sphere

Sphere is a top company that helps businesses worldwide with spatial collaboration and advanced AI technologies. They are famous for their AI-powered tax compliance services, making global indirect taxes easy to manage.

Key Features

Sphere''s tax compliance service has many great features:

• Works Globally: Sphere connects with tax authorities worldwide. Its AI system gathers and watches tax data globally, keeping you compliant always.
• Easy to Use: Setting up is simple with many integrations and flexible APIs. This is perfect for tech companies selling globally.
• AI at the Center: The tax engine is powered by an AI model trained on local and global tax rules and rates. This ensures accurate and current tax calculations.

Benefits

• True Global Coverage: Sphere offers a complete experience without relying on international partners.
• Focus on Fast-Growing Companies: Sphere is great for software and AI companies with clear and fair pricing.
• AI-Driven Compliance: The tax engine ensures all transactions are compliant, reducing errors and scaling globally.

Use Cases

Sphere''s services are designed to help businesses with AI and machine learning. Here are the steps to tax compliance:

1. Integration: Sphere integrates with payment, billing, and HR solutions to monitor economic or physical nexus and assess tax liability.
2. Registration: Once exposed, businesses can register in any jurisdiction via integrations with local tax authorities.
3. Calculation and Collection: Leveraging scraping technology and AI models, Sphere ensures accurate tax calculation and collection based on product and customer location.
4. Filing and Remittance: Sphere files tax returns and remits collected taxes to local authorities on time.

Team and Vision

The team at Sphere includes experts from finance and compliance, with experience from companies like PwC, Macquarie, Deel, and Capbase. Their vision is to build an AI-powered cross-border compliance platform that helps businesses transact easily around the world.

Future Plans

Sphere aims to add more cross-border services, including withholding tax, e-invoicing, and payments services, to help businesses go global from day one. By simplifying compliance and cross-border payment admin, Sphere levels the playing field for startups and helps governments benefit more from international trade.

Contact Information

For more information or to understand your tax liability, contact Sphere at [email protected].