About Indirect tax compliance in the Middle east
Increasing VAT challenges require a scalable solution for businesses of all sizes and entities across Middle East. It becomes difficult for in-house teams to manage multiple filing requirements with legacy technology and slow processes.
Cygnet Tax Tech helps automate the VAT return filing process, i.e., collating and validating data and preparing, verifying & submitting VAT returns in specific format provided by the tax authorities.
Our Solutions Suite
VAT Returns
Enable accurate tax calculations, preparation, and submissions. Eliminate data complexities with automated data validation tools
KSA e-Invoicing
Facilitate seamless e-Invoice generation and stay compliant as per the mandate in Saudi Arabia.
Data Converter
Compile and validate data for tax compliance reporting.
Vendor Post Box
Automate posting inward purchase entries to claim maximum VAT reclaims and ensure adequate working capital. Streamline accounts payable and timely vendor payments ensuring improved cash flow.
KSA Offline Utility
Generate e-Invoices for B2B & B2C transactions as mandated by ZATCA in offline mode.
eSAL Integration
Seamlessly integrate with eSAL for KSA e-Invoices payments.
GL reconciliation
Automation of general ledger reconciliation enabling reconciliation of transactions for an efficient & simplified audit process.
Muwafaq Packages
Provision of specialized packages for SMEs designed to provide tailored solutions & support.
Why choose our Indirect Tax compliance solution?
Robust Solution
The solution is flexible and can work for multiple industry domains
Security
Solution is certified for application security and tested for vulnerability
Scalable architecture
3.In-house secured data centre (ISO 9001 & ISO 27001 Certified)
Customer support
24*7 customer support along with a dedicated account manager
Discover Cygnet Tax Transformation Architect
Cygnet Tax Transformation architect manages tax compliance of businesses with the building block structure & optimizes business processes by unlocking digital transformation through advanced data cleansing and custom system integrations & build operational efficiency.
How can the Cygnet Tax Transformation Architect help?
- Evaluates tax and business processes and various data sources
- Recommends accurate integration workflows
- Automates data extraction for single source of truth
- Offers the right platform with comprehensive features
- Shares insightful reporting for apt decision making
- Automate tax filing, reporting, & audits
Here is how we do it with our Building Block Structure!
Cygnet Tax Transformation architecture consists of a building block structure that can be customized as per the business needs transforming businesses digitally with custom-built automated solutions, system integrations, advanced data extraction & conversion engines and more to keep businesses compliant.
Tech-powered tax operations support businesses’ tax teams by analyzing data extracted from the source systems or ERP Systems. It helps them generate a single source of truth. Furthermore, the architect introduces high-performance servers with improved uptime to collate financial data via data warehouse, data lake, or application databases. The Cygnet Tax Transformation architecture will support businesses in Tax Return Scores, Invoice Verification, and Automation for efficient business processes. Here is your chance to create your architecture by selecting the best-suited system, processes, and requirements, the way you choose toppings for your pizza!