GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

More than 1.2 million businesses globally use Tally for accounting and tax filing needs

Dubai, UAE, 3 December 2017:  In an endeavour to help businesses in the UAE comply with VAT regulations, Tally Solutions, a leading international compliance software provider will offer improved insights, data alignment, efficiencies and transparency to enterprises in the UAE.

Tally Solutions is well established in the region and is used by 40,000 satisfied clients across GCC. The company offers a complete business suite, from accounting to inventory management, banking processes and payroll management. The company will soon offer VAT compliance solutions too. 

“Drawing on our three decades of experience and a fiercely loyal network of over 28,000 partners, Tally Solutions is well positioned to support all types of businesses in the UAE with a VAT compliant ERP solution,” said Vikas Panchal, Business Development and Operations Head at Tally Solutions in the Middle East.

The company has experience in serving multiple clients in the UAE and is well equipped to help businesses comply with VAT regulations in the region. In addition, to help businesses transition smoothly in the UAE, Tally has organised more than 200 free VAT education sessions and webinars with experts from Tally Solutions and have reached out to over 8,000 businesses. Plans are also in place to ramp up customer support to enable businesses to easily adopt technology for VAT compliance.

Recently, Tally Solutions has tied up with The Institute of Chartered Accountants of India (ICAI) in the region to help businesses become VAT compliant. 

“We at ICAI are extremely happy to be working with Tally in helping GCC transition to VAT and be compliant. Tally is well known to be a leader in technology solutions for businesses and after having successfully solved for tax compliance in many countries of the world, I am sure we can expect the same here. It is important for businesses to understand what VAT is and how it will impact their business. We are focusing on imparting this knowledge to them while Tally is enabling with a software solution for VAT. This partnership therefore will go a long way in helping all businesses in the region move successfully to the VAT era,” said CA Naveen Sharma, President, ICAI – Dubai Chapter.

Tally Solutions currently has 200 active partners with more than 300 resources who are trained on VAT compliance and are ready to assist businesses in the region. The current solution already allows VAT invoicing and the next few weeks will see the introduction of a complete solution which will make things simple for everyone, and help businesses in the UAE become VAT compliant.

“At Tally Solutions, we are committed to helping businesses implement VAT effectively and seamlessly. Our experience from the recent GST implementation in India has reinforced our position as a tax management software of choice. With data compliance and security embedded in all our solutions, we enable business owners to focus on expanding their business, while we handle all accounting and tax compliance requirements,” added Vikas Panchal.

Tally Solutions has a legacy of over 30 years in enterprise resource planning (ERP) software and has been instrumental in solving VAT for multiple countries, including a diverse and challenging market like India. The software is used by over 1.2 million businesses globally. 

Over the years, Tally Solutions has invested in developing multifaceted skill sets required to develop ground-breaking solutions that help businesses select and implement the right supportive technology and regulatory requirements. Recently, Tally Solutions created history in implementing Goods and Service Tax(GST), a complex tax reform which was introduced in India on 1st July 2017. The company not only helped businesses submit accurate sales and purchase data, but also conducted education programmes to build awareness on the new tax regime.



Posted by : GoDubai Editorial Team
Viewed 7820 times
Posted on : Sunday, December 3, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : AL-Thiqa Islamic Bank Deploys ICS BANKS ISLAMIC System from ICSFS
Next Story : Dubai Investments raises foreign ownership cap to 49%
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
D1 Milano Launches Exlcusive Limited Edition Collection –The Khaleeji
The Incredible Power of the Mushroom!
Beware of Cheap Beauty Deals: They May End Up Being More Costly
GaGà Milano unveils six extra-special watches to celebrate Neymar's genius
8 Jours Grande Taille - a new avatar on iconic timepiece
Carl F. Bucherer Celebrates Its Anniversary With the Heritage Tourbillon Double ...
Tissot Lady Heart Flower Powermatic 80
Get Ready for The Festive Season with The Body Shop's Enchanted by Nature Gift C...
Sukin's Top Holiday Picks for a Supple-Skin Winter Season
Switch your hair colour safely for the new season with Rahua's Color Full range
Omega Raises Its Warranty On All Watches to 5 Years
Everyday care for your baby's hair with Fifi & Friends!
Bringing you warmth and shine this festive season
Season's Greetings 2018
Twelve Holiday Gifts for the Beauty-Obsessed Woman
The Smile Bar Opens Its First Store in the UAE
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style
Purely Pandora Classics With a Twist
#MKGO Bold: Michael Kors Unveils Bold New Arrivals
Triumphant First Daman Dxb Swimfest at Jumeirah Beach Hotel
New 1948 Seamaster Watches Join the Ranks
Festive Gifting Guide
Indulge Your Love for Animal Print with M&S
Alina Anwar Couture Launches in UAE
Must-have festive Christmas jumpers and tees for the whole family
Add a festive sparkle to your eyes with Palladio Beauty
Parah dedicates its Fall/Winter 2018/19 collection to femininity
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Ge...
Starbucks announces the return of festive favourites
National Geographic Launches Mars 2 into Orbit with Season 2 Premiering Nov 15 ...
Give an abandoned or neglected cat their forever home at Kittysnip's adoption da...
Land Rover Supports Red Cross Disaster Projects Worldwide
Tryano Launches Elemis
The new BMW 8 Series Convertible.
‘Celebrate 2019 Now' with special deals from Al-Futtaim Toyota
Sprint for a Great Cause at Al Maha
Etihad Airways Launches Model Diary of Xiaowen at China International Import Expo
EDCC organizes largest UAE Pavilion at debut SNSR in Saudi Arabia
Department of Culture and Tourism – Abu Dhabi Organises ‘Herfaty' Programme in A...
Jameel Arts Centre, Dubai opens with an ambitious set of exhibitions and program...
Unilever MENA calls for collective action as it's revealed that 54% of consumers...
Introducing the GUESS Holiday 2018 Collection
The Sharjah Stamp Exhibition celebrates the Year of Zayed
Presenting Katrina Kaif in her hottest desi avatar as Suraiyya in Thugs of Hindostan
Emirates Steel signs new long-term iron ore pellet supply deal with Vale
Amp up your skincare routine with The Organic Pharmacy's new corrective serums
Bharat Thakur Artistic Yoga's Flagship Studio opens in Burjuman.
Superhero Color Runners Prove We Are All Unstoppable!
Top five new things to do at Golden Mile Galleria this season
IKEA Promises 25 Years of Quality Guarantee