1StopVAT vs Koinly
Side-by-side comparison — pricing, features, ratings, use cases. Find which Tax Software fits you best.
🔍 Independently researched ·
📊 Data-driven
30/100
$31 starting
Cross-border e-commerce merchants selling into the EU who need a Lithuanian-based specialist for VAT registration and OS
💰 Pricing
Starting at $31 (subscription)
Fee notes:
- Monthly plans billed in EUR; approximate USD conversion at 1 EUR = 1.08 USD.
- Annual plans billed upfront; discount of ~17% compared to monthly.
- Extra fee for each VAT registration: €100 per country.
- OSS/IOSS filing fee included in plan but additional €15 per submission above 10 in Lite plan.
- Payroll services available for €49/month (add-on).
⚠ Watch for:
- Setup fee for initial registration: €50 one-time.
- Bank transfer fees for payments made from non-SEPA countries may apply.
- Late filing penalties: €20 per return if not submitted on time.
- API access requires a separate add-on fee: €49/month.
🔧 Features
✓ Eu Vat✓ Oss Ioss✓ Lithuanian Origin✓ Cross Border✓ Ecommerce Focus
📋 Assessment
💪 Strengths
- 1StopVAT's core value proposition is its deep specialization in EU VAT and OSS/IOSS compliance. Unlike generalist tax software, it is built specifically for cross-border e-commerce merchants selling into the EU. This means its calculations, forms, and filing processes are tailored to the exact requirements of the OSS and IOSS schemes, reducing the risk of errors and ensuring compliance with local regulations.
- Being based in Lithuania offers a distinct advantage for businesses seeking Lithuanian VAT registration. The team has local knowledge and relationships with Lithuanian tax authorities, which can streamline the registration process. This is particularly useful for e-commerce sellers who trigger a VAT registration threshold in Lithuania and need a reliable local partner.
- The free initial consultation is a practical entry point. Before committing to any paid plan, you can discuss your specific cross-border sales scenarios with a VAT expert. This helps you understand your obligations, potential costs, and whether 1StopVAT is the right fit. It's a low-risk way to get clarity and is often more valuable than reading self-service FAQs.
- The pricing starts at a relatively low $31 per month, which is accessible for small and growing e-commerce businesses. While the full cost structure is not fully transparent, this entry price point is competitive compared to other VAT compliance services that may have higher monthly fees or charge a percentage of tax collected.
- The platform automatically calculates VAT for each EU member state based on the destination country and product type. This is a critical time-saver for merchants selling to multiple EU countries, as VAT rates vary significantly from 17% to 27%. The automatic calculation ensures you charge the correct amount and reduces the risk of under- or over-collection.
⚠ Watch out for
- Pricing transparency is a significant drawback. The website states 'starting at $31/mo' but does not disclose how much a full OSS filing will cost, nor the fees for VAT registration in various EU countries. This lack of clear pricing makes it difficult to compare costs with competitors and can lead to unexpected expenses. Potential customers must go through the consultation to get a quote, which adds friction to the buying process.
- 1StopVAT is limited to EU VAT compliance. There is no indication of support for non-EU VAT obligations, such as UK VAT (post-Brexit), US sales tax, or Canadian GST/HST. For e-commerce sellers with a global footprint, this means they would need to use multiple tax providers, which increases complexity and cost. It's not a one-stop-shop for global tax compliance.
- The lack of integrations and API documentation is a major weakness for businesses that rely on automated data flows. Many e-commerce platforms, such as Shopify, Amazon, and eBay, generate sales data that needs to be imported into the tax system. Without automated integrations, sellers must manually export and upload CSV files, which is time-consuming and error-prone. This is a significant limitation for high-volume sellers.
- Customer support channels are not clearly outlined. The website does not prominently display support options like live chat, phone, or a dedicated support portal. While email support is available, response times are unknown. For time-sensitive tax filings, this can be stressful. The lack of transparent support information is a red flag for businesses that value responsive assistance.
- As a relatively small, niche provider, 1StopVAT may lack the scale and resources of larger competitors. This could impact their ability to keep up with regulatory changes, invest in product development, or offer a robust self-service knowledge base. For example, there is no mention of a comprehensive help center or FAQ library on their website, which is standard for many SaaS products.
🎯 Best for
Cross-border e-commerce merchants selling into the EU who need a Lithuanian-based specialist for VAT registration and OSS/IOSS filing support.
🚫 Who should skip
Large enterprises with multi-country VAT needs outside the EU, or businesses requiring complex B2B VAT handling and advanced ERP integrations.
📚 Learning curve
Minimal — the platform delegating registrations and filings means you mainly need to provide documents, but you still need to understand your EU VAT obligations for OSS/IOSS.
🧑⚖️ Verdict
1StopVAT is a solid choice for small to mid-sized e-commerce sellers who exclusively sell into the EU and need help with OSS/IOSS compliance, particularly those seeking Lithuanian VAT registration. However, if you need transparent pricing, integrations, or global tax coverage, look elsewhere. Its bo
59/100
Free tier
Crypto traders and investors in supported countries who need reliable, automated capital gains and income tax reports an
★ Best
💰 Pricing
🆓 Free tier available
Free plan includes up to 10,000 transactions with unlimited tax reports, but only for hobby users with limited support.
Starting at $99 (tiered_fee)
Fee notes:
- Paid plans are annual only, but charged in a single payment for the year.
- Discounted packages available for professional use (e.g., accountants).
- Additional fee for multi-user or CPA-specific features.
- Some countries have tax-specific add-ons (e.g., UK property income) at extra cost.
⚠ Watch for:
- No hidden fees, but pricing is per tax year, not subscription monthly; you must pay full annual fee even if you sign up midway.
- If you exceed transaction limits, you must upgrade to a higher tier or pay for additional transaction packs (cost varies).
- International payment fees may apply depending on your bank or card.
🔧 Features
✓ Crypto Focus✓ 400 Exchanges✓ 20 Countries✓ Capital Gains✓ Tax Reports✓ Free Tier
📋 Assessment
💪 Strengths
- Auto-import from 400+ exchanges and wallets: Koinly's ability to automatically pull transaction data from a vast array of sources is its standout feature. This includes major exchanges like Coinbase, Binance, and Kraken, as well as hardware wallets like Ledger and software wallets like MetaMask. For users with a long trading history across multiple platforms, this saves dozens of hours of manual CSV export and formatting, making the initial setup significantly faster and less error-prone.
- Country-specific tax reports: Koinly generates tax reports tailored to the tax authorities of over 20 countries, including the US (IRS Form 8949/Schedule D), UK (SA108), Germany, and Australia (ATO). This is a major advantage for international users who need accurate, locally compliant reports. The software automatically applies correct cost basis methods (FIFO, LIFO, etc.) based on the country's regulations, reducing the risk of underreporting or penalties.
- Accurate handling of complex transaction types: Koinly correctly categorizes and calculates tax for various crypto events beyond simple trades, such as airdrops, hard forks, staking rewards, and mining income. This is crucial in a landscape where such activities are common and often overlooked by manual calculation. The platform also handles loans and margin trading, classifying them appropriately as income or capital gains, which is a nuanced area many competitors oversimplify.
- Tax-loss harvesting support: Koinly includes a tax-loss harvesting feature that identifies losing trades to offset capital gains, potentially reducing your tax liability. This is a valuable planning tool that sets it apart from some basic calculators, allowing users to minimize taxes legally. It also provides a clear overview of unrealized and realized gains, making it easier to strategize during the year.
- Free plan for tracking: While the free plan doesn't allow you to download tax reports, it does let you sync your transactions and view your portfolio's estimated gains and losses. This is useful for getting a high-level view of your tax situation without paying, and it can help you decide if the platform is right for you before committing to a paid plan.
⚠ Watch out for
- Cost escalates with transaction count: Koinly's pricing is based on the number of transactions, with the paid plans starting at $49/year for up to 1,000 transactions. For active traders with thousands of trades, the cost can quickly rise to $99/year (up to 10,000 transactions) or $199/year (up to 25,000 transactions). High-volume traders may find this pricing model expensive compared to some competitors that offer flat-rate subscriptions, though the automation often justifies the cost in saved time.
- Free plan lacks downloadable reports: The free plan only provides a summary of your portfolio performance; you cannot download the actual tax report forms needed for filing. This means you must upgrade to a paid plan to get your tax documents, which can be a disappointment for users who just want to estimate their taxes or have a small number of transactions.
- Manual adjustments for complex DeFi: While Koinly supports many DeFi protocols, some complex smart contract interactions—such as yield farming, liquidity provision, or multi-step swaps—may not be automatically recognized and could lead to incorrect calculations. Users may need to manually edit or categorize these transactions, which requires a learning curve and can be time-consuming. In some edge cases, the auto-import might even classify a transaction incorrectly, leading to a need for careful review.
- Limited customer support on lower tiers: Koinly's customer support is primarily via email and live chat, but live chat is only available on higher-tier plans. Free users and those on the Hobby plan may have to wait longer for email responses, and some users report slow resolution times for complex queries. The knowledge base is extensive, but if you're stuck, the premium support might feel like an additional cost to consider.
🎯 Best for
Crypto traders and investors in supported countries who need reliable, automated capital gains and income tax reports and want to import data from many exchanges without manual entry.
🚫 Who should skip
Users who only trade on centralized exchanges with simple buy/sell activity and want a completely free tax report, or those needing tax-loss harvesting optimization and investment advice.
📚 Learning curve
Minimal — import data, review flagged transactions, and generate reports; the interface is straightforward, though understanding tax rules and fixing every invalid transaction may take time.
🧑⚖️ Verdict
Koinly is a robust, user-friendly crypto tax calculator that excels at automation and international tax compliance. It's ideal for traders with multiple exchanges who want to save time and are willing to pay for ready-to-file reports. However, if you're a high-volume DeFi user or on a tight budget,
📊 Use Case Suitability
Higher score = better fit. Scores from editorial review.
Use Case1StopVATKoinly
EU VAT Registration for E-commerce Sellers95—
One-stop VAT registration guidance from a Lithuanian specialist for merchants se
OSS/IOSS Quarterly Filing90—
Direct support for OSS and IOSS returns simplifies cross-border B2C sale complia
Cross-Border B2C Sales Compliance92—
Designed for global merchants handling distance sales across multiple EU member
Selling on Marketplaces into the EU85—
E-commerce focus implies practical support for marketplace sellers, though speci
Setting Up a Lithuanian Tax Presence88—
Lithuanian origin gives direct local expertise for companies that need a VAT reg
US Tax Filing (IRS)—95
Koinly supports US tax laws, generates IRS-compatible reports, and integrates wi
UK Tax Reporting (HMRC)—92
Koinly provides HMRC-compatible capital gains and income tax reports, including
High-Volume Exchange Auto-Import—90
With 400+ exchange integrations and API auto-import, Koinly reduces manual data
🧭 Which One Should You Pick?
Choose 1StopVAT if...
- You are: Cross-border e-commerce merchants selling into the EU who need a Lithuanian-based specialist for VAT registration and OS
- 👍 Specialized in EU VAT and OSS/IOSS for cross-border e-commerce, which is a clear fit for online sell
- 👍 Based in Lithuania, offering local expertise that is valuable for companies seeking Lithuanian VAT r
- 👍 Free initial consultation or lightweight entry price makes it easy to start exploratory conversation
- 💰 From $31.32/mo
- ⚠ Trade-off: Public pricing is not transparent beyond 'Free'; actual costs for filings and re
Choose Koinly if...
- You are: Crypto traders and investors in supported countries who need reliable, automated capital gains and income tax reports an
- 👍 Auto-imports transactions from 400+ exchanges and wallets, saving hours of manual CSV work.
- 👍 Supports tax reporting for 20+ countries with country-specific forms and calculations.
- 👍 Accurately handles capital gains, income tax, and various transaction types including forks, airdrop
- 💰 From $99/mo
- ⚠ Trade-off: The free plan does not include downloadable tax reports, so you must pay to actu
❓ Frequently Asked Questions
Is 1StopVAT really free?
The listing says 'Free', but that likely refers to an initial consultation or a basic account. In practice, VAT registration and filing services are usually paid; you should request a quote to see the full fee structure.
Which countries does 1StopVAT support?
It is based in Lithuania and focuses on EU VAT compliance, including VAT registration and filings across EU member states. It also supports OSS/IOSS reporting for cross-border e-commerce.
Does 1StopVAT handle OSS/IOSS filings?
Yes, the platform explicitly supports OSS (One-Stop-Shop) and IOSS (Import One-Stop-Shop) reporting, which covers distance sales and low-value import consignments across the EU.
Can non-Lithuanian companies use this service?
Yes. The service is designed for global merchants selling into the EU, so you don't need to be based in Lithuania to benefit from their registration and filing help.
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