ERP Software

Are you still unfamiliar with the VAT compliances ? Are you in need of cloud-enabled SaaS / On Premise Application to manage your entire business processes under a single roof with a single login? If yes, we have got your back.  We effitrac Solutions UAE - with over 7+ years of industrial expertise, we provide VAT enabled ERP modules for all sectors serving over 10+ verticals. With the introduction of VAT, it must have been crucial for you to employ an agile business solution that can handle all your VAT related processes.    By engaging our 27+ modules for different operations such as Accounting , Inventory , Sales, Purchase, Asset , Manufacturing or Payroll , you can sit back and relax since efficient tracking of business processes become synonymous with your team.  These are the benefits you can avail by using our Software: Improved ROI     All-in-one On-Premise or SaaS solution for A-Z frontiers of your business     In...

The Kingdom of Bahrain (Bahrain) has enforced its Value Added Tax (VAT) Law under the Royal Decree No. (48) of 2018. The VAT will be implemented on 1 January 2019. There are many differences in Bahrain’s VAT Law in aspects of key areas corresponding legislation introduced in Saudi Arabia and the United Arab Emirates (UAE) in that provides for more broader zero-rates as well as exemptions, with a unique view to balance a variety of socio-economic objectives. Let us have a look at the background  As of November 2016, the Gulf Cooperation Council (GCC) Member States has executed the Common VAT Agreement of the number of States belonging to the GCC (GCC VAT Agreement), which outlines the framework that Member States are required follow while implementing their domestic VAT rules. Saudi Arabia along with the UAE implemented their VAT laws as of 1 January 2018. Bahrain has also released the VAT Law dated 9 October 2018 on their Official Gazette website. The Royal Decree h...