Focus Softnet Announces Multi-City Seminars on VAT Management and Cloud Readiness

Business

Focus Softnet Announces Multi-City Seminars on VAT Management and Cloud Readiness

Focus Softnet revealed that it is holding multi-city workshops on Tax Accountancy and filling of VAT Returns utilizing its cloud-based ERP option on March 15, 2018 at Mvenpick Hotel, Bur Dubai in Dubai and March 19th, 2018 at Dusit Thani in Abu Dhabi. The full-day seminar will address different subjects consisting of the UAE VAT framework, business versions and deals with VAT effects, scope of solutions and items covered, tax obligation credit, legal compliance, documentation, VAT accountancy and invoice estimations, first VAT return, and adjustments in Focus ERP system.

"Since the formal launch of value added tax in UAE on 1 st January 2018, Focus Softnet has been obtaining demands from customers on the VAT procedure, on conformity and how they can enhance the tax declaring and returns further," said Sunil Mathew, Chief Operations Officer of Focus Softnet.

" Our upcoming seminars in Dubai and Abu Dhabi, with an industry specialist, are an initiative to update our vast community of tiny and medium organisations and enterprises of the latest regulative adjustments that are now developed into Focus ERP. Along with the regulatory conformity, we will additionally be attending to the benefits of cloud basedoperational expenses models, simplification of innovation intricacy, and the benefits of public cloud upgrades," Mr. Mathew added.

As guest speaker and tax expert, Mr. Pankaj S. Jain of AskPankaj DWC, will certainly provide participants a summary of the UAE VAT process and address issues and inquiries of participants on conformity, tax returns and other VAT procedures. Mr. Pankaj has greater than 14 years of comprehensive experience in India and Europe and concentrates on the whole range of VAT and GST indirect taxation.

"Emphasis Softnet intends to make sure that we go that extra mile for our customers. By partnering with industry tax obligation specialists, we wish to provide our customers a hands-on approach in the direction of executing and managing VAT inside the UAE. This seminar will additionally give our customers confidence in the updates that we are bringing into our remedies and keeping the remedy as much as day with various compliance demands. Such a hands-on and functional strategy can help little and average organisations and enterprises jump-start their understanding and capacity of managing VAT each day," Mr. Mathew concluded.