Tax+

Abstract

A Group of students from Rosario University found the opportunity to start a project based on the income tax recovery of Colombian citizens who work or had worked in the United States under the visa J1. The market in Colombia is currently made up of approximately 4,256 potential consumers whose per capita consumption is $2.143.800 COP, the strategy to capt a major level of potential customers is sheltered in the added value of the service, that pretend to offer a lower price than the competition, increasing the tax rate for our clients. In first instance, for the first year the goal will be capt the 20% of the total market, meaning 889 clients, an increase of 75 students per month. The steps to follow to make the process of tax recovery are: 1) Contact the customer and give them the information, 2) Sent to the customer the requirements and forms, 3) Return of the papers filled out by the customer, 4) Sent the papers to the United States, 5) Contact with the agent and return of the money, 6) Inform the student that is already his money, 7) Customer Satisfaction Survey. For this it is necessary to have a team of one general manager, financial manager, customer service manager and sales manager. The company is located in Bogotá, however, Tax + aspire to have a significant growth in the country coming into cities with an important activity in the market for work and travel such as Medellín, Cali and Barranquilla. The project will start with the establishment of a S.A.S. with a total investment of $26.000.000 COP, where each shareholder will contribute with $6.500.000 COP to acquire the fixed assets and the capital to start the operation of the company. Throughout first year the expected earnings will be of $355.600.000 COP, meanwhile the second year the increase of clients will be up to 964, which represents $471.328.000 COP, at last third year the expected sales should rise to $538.204.160 COP, that generate a return on sales of 6.31%, 0.73% and 1.6%, respectively. To reach the breakeven point the company must sell $322,083,104 per year, indicating that can be achieved in the first year of operation. 12 In the first year of operation yields a cash flow of $ 43,272,320, in the second year, $ 5,570,581 and $ 11,521,539 in the third. The internal rate of return of the project is 89.99% and the investment is recovered in the third year of operation.