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Company

ZappTax

ZappTax_logo
44
EQ SCORE

L'EQ Score indique l'activité et l'attractivité de l'entreprise sur la plateforme : complétude du profil, actualités, likes, follows, appartenance à un ou plusieurs labels ou communautés, nombre de membres de son réseau, etc.

ZappTax, tax-free shopping on your mobile

BRUSSELS, Région de Bruxelles-Capitale, Belgium

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ZappTax

Anglais

Product: company launched in 2017 an app-based tax-free shopping solution to simplify the tax refund experience of travelers coming to the EU.

Market: 110 million non-EU residents traveling yearly to the EU, yet due to inefficiencies, less than 15% make use of scheme.

Value proposition: seamless 3-step tax refund claims on all purchases in all stores in France, Spain and Belgium with 24/7 flexible customer...

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Product: company launched in 2017 an app-based tax-free shopping solution to simplify the tax refund experience of travelers coming to the EU.

Market: 110 million non-EU residents traveling yearly to the EU, yet due to inefficiencies, less than 15% make use of scheme.

Value proposition: seamless 3-step tax refund claims on all purchases in all stores in France, Spain and Belgium with 24/7 flexible customer support.

Pandemic impact: in 2019 ZappTax launched a tax refund scheme for EU-outbound e-commerce transactions (50% of turnover in 2020).

Source of revenue: commissions levied on the amount refunded to travelers (20% of VAT with average per transaction of 30€).

Current marketing focus: 2 m French and 300 k Belgian expats residing outside of the EU.

Financials: turnover doubled in 2020 to 600€K (overall market lost 90% of its volume in 2020!). Pandemic-conservative FY21 forecast of 900€K (50% traveler / 50% parcels).

Next steps: increase speed.

Sought: 5m€.

  • 1

    Followers

Certifications

ePitches EuroQuity
221 Entities
Seal of Excellence
The Seal of Excellence is a quality label awarded to project proposals submitted to Horizon 2020 which succeeded a highly competitive evaluation process by independent experts, but did not receive funding due to budget limits. This quality label is a guarantee for investors to find high standard project proposals from European SMEs with growth potential.
1477 Entities
SOFTWARE.BRUSSELS
9 Entities

Communities

Access2EIC – Seal of Excellence
The Access2EIC -Seal of Excellence community aims at gathering high potential European companies that received from the European Commission a “Seal of Excellence” certificate and European equity investors. https://access2eic.eu/
2136 Members
EUROQUITY BELGIUM
EuroQuity Belgium AT THE SERVICE OF BUSINESS GROWTH The community is reserved for Belgian startups and scaleups and their partners: investors and business advisors.
922 Members
Doing Business in Brussels
hub.brussels est l’Agence bruxelloise pour l’Accompagnement de l’Entreprise. Elle accompagne gratuitement et veille au développement des entreprises et des commerces bruxellois, à leur internationalisation et à l’attraction d’investissements étrangers à Bruxelles. hub.brussels is the Brussels Agency for Business Support. It provides free support and oversees the development of Brussels businesses and retailers, their internationalization as well as attracting foreign investment in Brussels.
106 Members

Our history

Start in 6th February 2017

  • 6th February 2017

    Founding of ZappTax by Thomas Roussarie, Michel Wodon and Jean-Marie Wodon.

  • 1st July 2017

    ZappTax app 1.0 released. Jean-Marie drives to Brussels airport to congratulate 1st customer.

  • 15th December 2017

    Launch of first marketing campaign targeting French and Belgian expats in China.

  • 1st January 2018

    Dual office in Chongqing China (Thomas & Jean-Marie) and Brussels (Michel)

  • 1st June 2019

    Convertible note funding of 750€ k secured.

to be continued ...