Press release

JTL makes strategic investment in the VAT software solution countX

Investment marks the start of the further expansion of JTL’s product portfolio to offer online retailers even more comprehensive solutions and services from a single source.

Hückelhoven, January 23, 2024: JTL-Software-GmbH, one of the leading providers of eCommerce and multichannel solutions, is investing in countX, a renowned specialist for sales tax software in online business.

By joining forces with countX and JTL, online retailers now benefit from a simplified approach to VAT challenges – a critical step for businesses focused on international growth. countX addresses and simplifies this complex, resource-intensive and multilingual process, allowing merchants to seamlessly focus on their global expansion without being slowed down by tax compliance requirements.

The close partnership with countX signals a new phase in the ongoing development of JTL, with the intention of expanding the listing for online merchants with a more diverse range of solutions and services. In particular, JTL service providers and partners will also benefit from the wider product offering and numerous synergy effects.

More international growth potential for customers of both solutions

Ralph Schweiker, CEO of JTL, said: “The partnership between countX and JTL is an important milestone and yet we are only at the beginning of our joint success story. We are delighted to be able to offer our customers a best-in-class solution as we see many merchants in Europe looking to expand further. The investment in countX is an important pillar for the continued international success of our customers.”

countX is currently emerging as one of the leading software providers for international tax services, offering a straightforward, cloud-based solution tailored to the needs of eCommerce businesses. countX enables companies to effortlessly fulfill their VAT requirements with one simple software. This allows companies to dedicate their main efforts to their own growth and development in international, competitive markets.

Dr. Emilio Matthaei, Co-CEO of countX, said: “We founded countX because our customers needed a reliable software solution to a growth problem. We have built our intuitive product with a strong, international team for the growing market. The strategic cooperation with JTL is an important step for countX, our customers and partners.”

Sebastian Seehusen, Co-CEO of countX, adds: “With this cooperation, we are taking countX to a new institutional level and expanding our listing in terms of quality and service. We are very motivated to shape this strategic partnership at countX and are very much looking forward to working together in the coming years.”

Press contact

JTL:
Bettina Taylor
presse@jtl-software.com

countX:
Dana Börnke
marketing@countx.com