Slush 2024 Startups: Daysium’s Tax Compliance Transformation Recognised

For startups and investors, Slush 2024 is the event where innovation meets opportunity. As one of the most anticipated gatherings in the global startup ecosystem, it’s a stage for bold ideas and cutting-edge solutions. Slush 2024 startups always deliver on these promises, and this year’s event was even more exciting here at Daysium. Our tax compliance solution ranked as the second most recommended startup in a matchmaking experiment by leading VCs and AI tools like ChatGPT and Claude.

This recognition among 3,000+ companies isn’t just a moment of celebration for us. It’s a signal of the growing importance of tax compliance solutions. If you’re navigating the complexities of tax residency, here’s why Daysium is the platform to help you stay ahead.

Slush has always been about driving forward the next wave of technology, and 2024 was no exception. This year, the theme for the event was “A Call for Radical Transformation”, which deeply resonates with Daysium. What’s more, many of the interesting talks we listened to focused on AI, sustainability, and even regulatory compliance.

The stakes are higher than ever for high-net-worth individuals (HNWIs) and globally mobile professionals. With initiatives like the Automatic Exchange of Information (AEOI) taking root and evolving tax residency rules in jurisdictions like the UK, the need for real-time, precise day counting has never been more critical.

Daysium and the Slush 2024 startups are solving pressing problems. For many of us, the aim is to do more than introduce a new product or service; it’s to transform the landscape. For Daysium, this is all about making tax residency compliance seamless, accurate, and effortless.

Our inclusion in the top startups at Slush 2024 wasn’t by chance. Daysium transforms how individuals and businesses approach tax compliance through a structured, automated, and user-focused process. Here’s how:

1. A Tailored Approach to Tax Residency Rules

Tax residency rules are complex and ever-changing. Daysium allows users to customise their day-counting parameters based on jurisdiction-specific requirements. This ensures compliance with even the most nuanced regulations.

2. Real-Time Day Counting and Alerts

Our smartphone companion app logs your location automatically. You receive an up-to-date count of days spent in each jurisdiction. No more guesswork or manual spreadsheets.

3. Supporting Evidence, Simplified

In tax investigations, day counts alone are often insufficient. Daysium makes it easy to attach supporting evidence, like travel receipts or geo-tagged photos, directly to the Daysium Timeline.

4. Strategic Planning for Global Mobility

With Daysium, users can proactively plan travel around residency rules. This reduces the risk of breaching thresholds and avoiding unnecessary penalties.

This combination of automation, personalisation, and strategic insights is why Daysium stood out to investors—and why it can make a difference for you.

Beyond the recognition, our team’s discussions with other founders and Slush 2024 startups showcased a few insights highlighting the critical trends HNWIs and globally mobile individuals need to be aware of:

• • Increased Scrutiny: Scrutiny is increasing, whether regarding the use of generative AI or taxation. Authorities leverage data-sharing and technology, meaning that individuals need to keep up.

• • Proactive Steps: The mood around the Helsinki Expo and Convention Center (Messukeskus) was about proactive steps people can take, whether with healthcare solutions like the Oura ring or Daysium’s tax residency compliance platform. Technology can build systems anticipating potential issues, ensuring corrective action is taken well before things become a massive headache.

• • Global Connections: It’s not a cliche to say that we live in a global world. Slush 2024 included startups and speakers from all corners of the world. Innovations can happen anywhere, and people aren’t tied to work or collaborate in strict global borders. But compliance still often follows these borders and Daysium can be the tool to allow you to live a more global lifestyle.

Daysium isn’t just a tool for those navigating these challenges—it’s peace of mind.

Tax residency compliance is no longer a simple matter of keeping rough notes or relying on memory. With tax rules becoming stricter and more complex, you need a robust process that simplifies the work while reducing risks. That’s where Daysium comes in.

Here’s how to take control of your tax residency with Daysium:

1. 1. Join the Waitlist — Be among the first to access our platform, built for accuracy, automation, and simplicity. Boarding through a Daysium Partner is currently the fastest way to get in.

1. 1. Define Your Residency Rules — Collaborate with your tax advisor and Daysium’s network of specialists to set parameters tailored to your needs. If you move, we’ll adjust your rules.

1. 1. Log Your Day Count Effortlessly —Our app logs your movements automatically, ensuring you always know your day count in real time.

1. 1. Prepare for Any Tax Inquiry — With detailed records and supporting evidence in the palm of your hands, you’ll be ready for an inquiry. You can reduce the risk of a prolonged compliance check and be confident to state, “There’s nothing to see here; everything is in order.“

You can learn more about the Daysium Year, our tax compliance framework in our latest blog post.

Being named among the top startups at Slush 2024 is more than a recognition of our achievements. To us, it’s a validation of the need for smarter, automated tax solutions. This is your moment to act for anyone grappling with the complexities of tax residency.

Tax authorities are more active than ever in their compliance efforts. In the United Kingdom, HM Revenue & Customs (HMRC), for example, conducted nearly 300,000 investigations during the 2022/23 tax year. Globally, cross-border data-sharing initiatives are expanding, and the scrutiny of HNWIs is increasing.

Daysium equips you with the tools to navigate this landscape confidently. By automating day counting, aligning with the latest rules, and providing a clear, auditable record of your movements, you’re not just staying compliant—you’re staying ahead.

Slush 2024 startups showcase the power of transformative power of tech. As one of the top startups that caught investors’ eyes, Daysium reinforces the need for strong and innovative solutions for the global world. And it doesn’t get much more global than tax, as the recent events have shown.

Our goal is to make tax residency compliance simple, reliable, and stress-free. Whether you’re an HNWI managing multiple residencies or a globally mobile professional juggling complex travel schedules, Daysium is designed to simplify your life.

Don’t wait. Join the waitlist now to be among the first to experience more intelligent tax residency compliance.