Why Accounting Software Is Needed In UAE Post VAT?
- February 24, 2019
- Blog, Financial Systems, Software Development
- Accounting, Financial Systems, Technology
- 0 Comments
Since introduction of VAT in January 2018, businesses in UAE and Saudi Arabia, are being compliant and keeping their accounting and financial systems up—to-date. In case, companies fail to do so, they are subjected to penalties, under Section 25 of Federal Law No.7. Government has clearly stated that a business owner is solely responsible for adhering to all VAT requirements. …Continue Reading