Tally Solutions, a leading international accounting, and compliance software provider, has received the Federal Tax Authority (FTA) Accreditation in the UAE, recognizing its commitment to safer, more efficient and faster Value-Added Tax (VAT) operations.
“It’s a privilege to receive this accreditation and be recognized by the FTA for our strong compliance culture. While the accreditation is a reflection of our dedication to excellence, it gives our customers the added advantage to trust our high-quality international standards. As pioneers of accounting and compliance software, Tally has always been committed to excellence, and the accreditation is a step further in our efforts to raise standards within our business and the industry,” said Vikas Panchal, Business Head at Tally Solution in the Middle East.
Tally Solutions is a leading international accounting and compliance software provider which has recently introduced Value Added Tax (VAT) software – Tally.ERP 9 Release 6.4 to help businesses comply with VAT procedures. Trusted by more than 1.2 million businesses globally, Tally Solutions already includes a list of 50,000 satisfied clients across GCC.
“The FTA accreditation was awarded to us after a vigorous audit to ensure our automated solutions are above and beyond customer requirements. It is an extremely robust and complete measure of an organization’s approach towards compliant, safe and efficient automated solutions. Achieving this accreditation reconfirms our quality processes, procedures, and policies,” added Vikas Panchal.
Awarded by the Federal Tax Authority (FTA), the accreditation recognizes tax agents and tax accounting software vendors through a rigorous process to provide UAE-based businesses necessary technical support and implement a tax system that adheres to international best practices. It allows taxable persons to fully meet their tax obligations, while saving them time and effort, and reducing the margin of error in calculating Tax.
During the last 30 years, Tally Solutions has become an expert in enabling compliance for businesses in different (VAT and GST) and complex tax environments such as in India. Tally is one of the first to launch a VAT compliant software for the UAE and Saudi Arabia in December 2017. The company has also been awarded accreditation by The General Authority of Zakat & Tax (GAZT) in Saudi Arabia.