WE help your business thrive!

Navigating accounting complexities is our expertise.

Bookkeeping

We help you keep your company's books and finances on track.

Our bookkeeping service is designed to provide comprehensive financial support for businesses of all sizes. we have the expertise and resources to handle all your bookkeeping needs. Our team of dedicated professionals will work closely with you to ensure that your financial records are accurate, organized, and up-to-date.

With our bookkeeping service, you can expect:

1. Timely and accurate recording of financial transactions

2. Reconciliation of accounts to ensure accuracy

3. Preparation of financial statements

4. Compliance with all regulatory requirements

5. Customized reporting to meet your specific needs

6. Expert advice and support from our team of experienced professionals

By outsourcing your corporate bookkeeping to us will not only save you time and resources but also give you the confidence that your financial records are in good hands.

TAX Draft Preparation

Preparing and submitting the TAX reports with accuracy and on time.

Our team of experts provides your business with an accurate TAX and ZAKAT draft reports that are crucial for businesses to comply with regulations and fulfill financial obligations. we provide an accurate draft overview of tax liabilities, deductions, and credits, aiding in planning and demonstrating transparency meeting the timely based due dates of submission, helping your business avoid penalties, and keep on a healthy financial records.

Our tax draft preparation service is designed to help businesses prepare and organize their tax information in advance of filing their tax returns. By working with our experienced tax professionals, you can ensure that your tax documents are accurate, complete, and compliant with all relevant tax laws and regulations.

Here's how our tax draft preparation service can benefit your business:

1. Gathering and organizing all necessary tax documents, including income statements, expense records, and receipts.

2. Reviewing your financial records to identify potential deductions and credits that can help minimize your tax liability.

3. Preparing a draft of your tax return based on the information provided, allowing you to review and make any necessary adjustments before filing.

4. Ensuring that your tax return is completed accurately and submitted on time to avoid any penalties or interest charges.

5. Providing expert advice and guidance on tax planning strategies to help you optimize your tax situation and maximize your savings.

By outsourcing your tax draft preparation to us, you can have peace of mind knowing that your tax documents are in order and that you are taking advantage of all available tax benefits. Contact us today to learn more about how our tax draft preparation service can support your business's tax compliance and financial success.

Financial Statements

Keep all your financial transactions recorded in the right place.

Our comprehensive financial statement services are tailored to meet the needs of businesses like yours, providing accurate and insightful reporting that you can trust.

By entrusting us with your financial statements, you can expect.

1. Accuracy: Our team of experienced professionals ensures that your financial statements are prepared accurately and in compliance with accounting standards, giving you confidence in the reliability of your financial data.

2. Insight: We go beyond just preparing the numbers – we provide in-depth analysis and interpretation of your financial statements, offering valuable insights into your company's performance and financial health.

3. Timeliness: With our efficient processes and dedicated team, we deliver financial statements in a timely manner, allowing you to make informed decisions promptly and stay ahead of deadlines.

4. Customization: We understand that every business is unique, which is why we offer customized financial statement services tailored to your specific industry, size, and reporting requirements.

Partnering with us means having a trusted ally in your corner, providing the financial expertise and support your business deserves. .

Budgeting Consultations

Track the financial health of your business and its evolution

Our budgeting consultations are designed to help small and midsize businesses like yours optimize their financial performance and achieve their goals.

Here's how our budgeting consultations can benefit your company:

1. Strategic Planning: We work closely with your team to develop comprehensive budgets that align with your company's strategic objectives and financial targets. Our strategic approach ensures that your budgeting process supports your overall business goals.

2. Financial Forecasting: Our consultations include detailed financial forecasting to help you anticipate future financial trends, identify potential challenges, and seize opportunities for growth. By having a clear financial roadmap, you can make informed decisions and adapt to changing market conditions.

3. Expense Management: We provide expert guidance on optimizing your expense management practices to control costs, improve efficiency, and maximize profitability. Our budgeting consultations help you allocate resources effectively and prioritize investments for long-term success.

4. Performance Monitoring: We establish key performance indicators (KPIs) and metrics to track your budget performance and financial health. Regular monitoring and analysis allow you to course-correct as needed and ensure that you stay on track towards your financial objectives.

5. Customized Solutions: Our budgeting consultations are tailored to your specific industry, business size, and unique financial requirements. We understand that one size does not fit all, and we provide customized solutions that address your company's specific needs and challenges.

By partnering with us for budgeting consultations, you can gain valuable insights, improve financial decision-making, and drive sustainable growth for your business.

Detailed Reports

Keep an insight of your company's performance

Our financial reporting services are designed to deliver in-depth analysis and valuable information to support your decision-making and strategic planning.

Here's how our financial detailed reports can benefit your business:

1. Financial Statement Analysis: We provide thorough analysis of your financial statements, including income statements, balance sheets, and cash flow statements. Our reports help you understand the financial health of your business, identify trends, and assess your company's profitability and liquidity.

2. Key Performance Indicators (KPIs): We track and report on key financial KPIs that are critical to your business's success, such as revenue growth, gross margin, operating expenses, and return on investment. Monitoring these KPIs helps you measure performance, set benchmarks, and make informed decisions.

3. Budget vs. Actual Analysis: Our reports compare actual financial results to budgeted figures, providing insights into variances and helping you understand where your company is performing well and where adjustments may be needed. This analysis enables you to manage resources effectively and improve financial performance.

4. Financial Forecasting: Our reports include financial forecasting to help you plan for the future and make informed decisions about investments, expenses, and growth opportunities. By forecasting financial outcomes, you can mitigate risks and capitalize on opportunities for sustainable growth.

Partnering with us for financial detailed reports means having access to accurate, insightful financial information that can drive your business forward.

Packages that suit your business needs!

Entrepreneurs

Designated for start-up or under-establishment enterprises.

Entrepreneurs +

Intended for enterprises that have increased the volume of business, and are in the process of growth.

Entrepreneurs Exceptional

Dedicated to advanced enterprises that require accurate accounting and financial operations analysis on a larger scale.

We Customers

Join our growing list of satisfied clients, including:

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For more information

Let's Talk

Tel: 011 2053988

WhatsApp: 050 6889121

Prince Sultan Bin Abdulaziz Rd, Al Mathar Ash Shamali, Riyadh

“ZATCA” announces that the Electronic Invoicing Regulation is coming into force

March 10, 2021

The General Authority of Zakat and Tax announced the approval of its Board of Directors on the electronic invoicing regulation, which was published today Friday, corresponding to the 4th of December 2020 AD, as the electronic invoice is defined according to the regulation as a tax invoice that is issued electronically through an electronic means, and is issued by each taxpayer subject to Value-added tax (VAT) in the Kingdom. The electronic invoicing regulation contains seven articles that regulate the mechanism for issuing and keeping electronic invoices for the taxpayers, and clarifies the provisions, procedures and individuals subject to it, in addition to the procedural rules and time limits, as the authority confirmed that the regulation has come into force from the date of publication, noting that it will be “mandatory” for taxpayers subject to it to issue and save invoices on the 4th of December 2021 AD. The General Authority for Zakat and Tax invites all taxpayers to view the E-invoicing list through its website via the following link, and to contact it via the unified number (19993), which will be available 24 hours a day, and seven days a week, for any inquiries or questions related to electronic invoicing. It is worth noting that the electronic invoicing system aims to limit the volume of Shadow Economy transactions, in addition to combating Commercial Concealment. The General Authority for Zakat and Tax had previously published the draft regulations for public feedback on the 17th of last September. Translated from: https://gazt.gov.sa/ar/MediaCenter/News/Pages/News_521.aspx

Resettling accounting profession in the Kingdom of Saudi Arabia

March 10, 2021

Okaz sources revealed that the date of implementation of the Ministry of Human Resources and Social Development’s decision to resettle the accounting profession begins at the beginning of Dhu al-Qa'dah 1442, that is, after 170 days, and includes 19 classifications of the profession. The sources also confirmed that the ministry will provide a package of incentives and support to the private sector in employing Saudi accountants, including support for the recruitment process, searching for suitable employees, supporting training and qualification necessary to ensure job stability for accountants and giving priority to benefiting from all Saudization support programs available to the system. The sources indicated that the ministry has classified 19 accounting professions targeted by the Saudization, which include: Director of Financial Affairs and Accounting, Director of Accounts and Budget, Director of the Financial Reports Department, Director of the Zakat and Taxes Department, Director of the Internal Auditing Department, Director of the General Auditing Department, Head of the Internal Audit Program, Financial Controller, Internal Auditor, Senior Financial Auditor, General Accountant, Cost Accountant, Auditor, General Accounts Technician, Auditing Technician, Cost Accounts Technician, Financial Audit Supervisor, Cost Clerk, Finance Clerk. According to the procedural guide for the decision to localize the accounting professions, the Ministry stated that in the case the establishment does not adhere to the required nationalization percentage, all electronic transactions for the accounting professions will be stopped (such as issuing visas for professionals, transferring a service to the profession, changing the profession, work permits for the profession automatically for the establishment) in addition to the penalty for violating the localization of professions limited to Saudis, according to the system. While the Ministry stressed that it will impose statutory penalties for any fraud in the event that any worker in the facility is caught practicing any of the targeted accounting professions under another professional title, different from the name written in the work permit. Saudi accountants are required to obtain professional accreditation from the Saudi Organization for Accountants. With respect to the salaries, for holders of Bachelor’s degree, it will not be less than 6000 riyals and for Diploma degree, not less than 4,500 riyals. The Ministry seeks to raise the contribution of national forces in the labour market, and raise the productivity of national human cadres through various possibilities and continuous training. Translated from: https://www.okaz.com.sa/news/local/2052861

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