Introduction & Benefits
Cygnet TaxTech’s VAT Returns and Compliance Management Solution helps tax heads, finance controllers, IT heads and POS system providers across GCC countries such as UAE, KSA, Oman, and Bahrain with their daily tax needs. It automates VAT return preparation, i.e., collating and validating data and preparing, verifying & submitting VAT returns in specific formats provided by the tax authorities.
- Enable accurate tax calculations, preparation and reporting with automation
- Generate quarterly and annual tax reports in minutes
- Eliminate the risk of penalties & save delay costs
- Stay on top of your tax regulations across GCC countries
This solution is best for:
A retail giant saved upto 8 man-months with us.
Choose the right VAT return solution for your small and medium business across GCC countries.
CA Firms/Tax Consultants
Help your clients save time and effort in filing VAT on time with ease.
Get a solution that can easily integrate with your ERPs for your clients with no hassle and grow your business!
Cygnet e-invoicing and GST Filing processes are very robust and accurate. We have faced zero failures so far. The API integrations have been seamless. The team at Cygnet has been very supportive and always available for any type of queries. From initial discussions till go live phase they have been helpful and understanding. The portal is very descriptive and easy to understand for all the users. Thanks, team, for all the efforts put into the solutioning and designing, making our processes smooth and fast.
Mr. Vaibhav Chaudhary
Associate Director | Elastic Run
VAT returns automation solution
Experience end-to-end automation in preparing indirect tax returns as per tax authority required compliant format with flawless integration between your business systems, and Cygnet TaxTech’s Indirect tax compliance platform
Data extraction & conversion module
Gather data from multiple systems, compute huge data transactions & convert the data into the required format with Data Extraction & Conversion module. Learn more!
SFTP based integration
Automate data extraction process, enable compliance validations, and more with SFTP based integration.
API based approach
Extract data from multiple data sources such as ERP, accounting software, etc., using connectors, APIs, and data warehouses.
Enable extensive validations as per VAT laws across GCC countries & comprehensive built-in data validation capabilities for compliance, financials, etc.
Value added offerings
Manage and track the updated status tax compliance submissions across GCC countries, improve coordination between internal tax teams and external advisors with Cygnet Tax Tech’s compliance tracker.
Technology powered solutions such as Big Data, RPA, and AI-ML for efficient, compliant, and error-free indirect tax management across GCC countries.
Automate various processes such as data extraction from source systems, replacing the manual adjustments undertaken by finance professionals, and more with Cygnet Tax Tech’s data converter.