Loctax

Loctax is a collaborative platform tailored for global tax teams, established in 2020. The company focuses on enhancing tax operations across various countries and regions. Its leadership team brings a wealth of experience from technology, law, and consultancy, with co-founders having backgrounds at Avnet. The platform offers a comprehensive in-house tax compliance and risk management solution. It centralizes global tax data, including filings, payments, and deadlines, making it easily accessible for in-house teams and external consultants. Loctax features real-time dashboards that help Heads of Tax monitor risks and ensure compliance with international tax regulations. The platform is designed to assist companies in navigating complex tax landscapes and meeting regulatory requirements, such as the international minimum corporate tax and country-by-country reporting in the EU. Loctax serves a variety of multinational clients, including Wise, On Running, Essilor, Luxottica, Mohawk Industries, PedidosYa, and Trainline, all of which benefit from streamlined global tax operations. The company has also secured significant funding, including a 12 million Series A round led by Index Ventures.