Velotax provides a mobile application that enables users to prepare and submit their annual income tax declarations in under five minutes, ensuring 100% accuracy through pre-filled data integration. The platform also offers automated DARF calculations and allows users to anticipate tax refunds, receiving funds in their accounts within 48 hours.
Funding
Funding not disclosed
Founders
Product
Problem
Preparing and filing annual income tax declarations can be a time-consuming and complex process, often requiring users to navigate complicated tax laws and forms. Many individuals struggle to accurately calculate their tax obligations and may miss out on potential deductions or credits.
Solution
Velotax offers a mobile application designed to simplify and expedite the income tax declaration process, enabling users to complete and submit their declarations in a streamlined manner. The platform integrates with pre-filled data sources to ensure accuracy and minimize manual data entry. Additionally, Velotax automates the calculation of DARF (Documento de Arrecadação de Receitas Federais) and provides users with the option to anticipate their tax refunds, receiving the funds in their accounts within 48 hours.
Target Audience
The primary target audience includes individual taxpayers in Brazil seeking a simplified and efficient solution for preparing and filing their annual income tax declarations.
Features
- Mobile application for preparing and submitting annual income tax declarations
- Pre-filled data integration for enhanced accuracy and reduced manual input
- Automated DARF calculation for secure investing
- Option to anticipate tax refunds and receive funds within 48 hours
- Comprehensive reports detailing monthly operations for IRPF declaration
- Carnê Leão calculator for self-employed professionals and those receiving income from pensions, foreign sources, or rentals
- AI-powered support to address user inquiries
- Status tracking and notifications for submitted declarations