Having seen success in the UK and Ireland, the global tax and accounting software provider, Tax Systems, is launching its flagship product, Alphatax in the UAE.
Alphatax has over 1,300 customers in the UK and Ireland, with 40 per cent of the UK FTSE 100 and over 80 per cent of highly rated advisory firms utilising the product. The Tax Systems offering meets the needs of organisations looking to be tax-compliant by providing professionals with an engine which gives them complete control over the preparation and management of end-to-end compliance. This includes key processes, from raw data collection to the completion of the corporation tax computation and e-filing submission.
“Bringing Alphatax to the UAE market is a significant milestone for our team, and we have worked closely with local firms to ensure our software is completely aligned with UAE regulations,” commented Daran Gibney, MD, Tax Systems MENA. “As a result, companies and firms can approach their corporate tax obligations with full confidence and rely on Alphatax to simplify compliance via a seamless, accurate and efficient solution tailored to their needs.
“Our customers in the UAE have been using our solutions in the UK and Ireland for decades; so I’m delighted to be able to support them with their software of choice, Alphatax, in the UAE as these new requirements have come into force.”
Adapting to UAE laws
Although there are different laws in the UAE, Alphatax has been adapted to meet its demands, including a recently introduced corporate tax framework. Using the Tax Systems product, businesses can prepare and file their corporate tax returns with accuracy and ease, ensuring the process does not take up unnecessary resources.
Furthermore, Alphatax offers robust audit trail and review capabilities, enabling detailed tracking and oversight throughout the compliance process. The software provides standard report templates alongside options for bespoke report configuration, catering to individual business needs through seamlessly integrating and exchanging data.
“This is an exciting time for us here at Tax Systems; launching Alphatax in the UAE is helping us fulfil our ambition to expand beyond our leading position in the UK and Irish markets, by supporting businesses internationally as they navigate increasingly complex tax environments,” said Bruce Martin, CEO at Tax Systems.
“Extending our global footprint into this important region aligns with our vision of becoming a global leader in tax compliance software and reinforces our dedication to delivering innovative solutions that help businesses to thrive wherever they operate.”
