FAQs

Xofia digital certificates are legally enforceable and can reduce businesses' and individuals' taxable income while contributing to the environment. They represent tax benefits linked to Sustainable-Related Investments that comply with tax regulations.

Xofia tax certificates allow users to access the underlying tax benefits of investing in carbon credits and other socially responsible initiatives without the risk and capital requirements of buying carbon credits in current markets.

A premium carbon credit is a carbon credit with risk mitigation strategies to reduce the liabilities linked to the creation, registration, accreditation, and distribution processes.

Blockchain is a distributed ledger technology that allows for secure and transparent transactions. Xofia tax certificates are encrypted distributed ledger files (blockchain) that contain all the data related to a carbon credit, including its ownership, tax benefits, and all the creation, certification, and registry information.

A Web3 platform is a decentralized web platform allows for secure and transparent interactions using blockchain technology. Xofia offers its tax certificates through a Web3 platform, enabling investors to navigate a portfolio of certificate bundles built on different time frames, prices, and tax deduction strategy expectations.

Xofia offers digital certificates for reducing taxable income, digital carbon-backed securities, digital certificates for commercial optimization, the use of digital certificates for business cost mitigation, and providing carbon credits according to the Clean Development Mechanism (CDM) and Bureau Veritas certification program.

The main benefits of using Xofia digital certificates include complying with environmental requirements, generating a return through tax credits, creating more competitive business opportunities, and providing a simple, secure, and user-friendly platform for buying, holding, and executing credits.

Xofia sources and acquires carbon credits primarily from ongoing low-carbon initiatives, ensuring the credits are from reputable and reliable sources.

Xofia's tax credit benefits are accessible through its user-friendly Web3 application, where users can register, select a tax benefit bundle, pay with fiat or cryptocurrency, and receive an immutable certificate of temporary tax credits.

The Xofia community is a network of Xofia certificate holders who gain access to a range of cross-services from financial service providers and are eligible for discounts and exclusive products and services based on their level of engagement. It promotes sustainability and responsible investing while offering tangible benefits to clients.