The most dynamic and truly international Free Zone in the UAE, IFZA Dubai, recently collaborated with Zoho, a leading provider of online productivity, collaboration, and business applications, to offer the IFZA Free Zone community cutting-edge digital tools that will boost productivity and guarantee compliance.
This action is a part of IFZA's commitment to assist its Free Zone community in complying with the Corporate Tax, which will soon go into effect and mandate that all UAE-registered businesses establish accounting and financial bookkeeping systems that are compliant with government regulations as part of the process of filing Corporate Tax Returns. All firms will be impacted by this, whether they are obligated to pay corporate tax or just file annual tax reports.
Access to the FTA-accredited tax accounting software, Zoho Books, is included with Zoho One, a cloud-based platform that enables businesses to perform all of their duties on a single interface, available from anywhere. Business transactions are facilitated, customers and vendors are managed, tax-compliant paperwork are issued, reports are generated, and tax returns are easily filed thanks to this.
Members of the IFZA Free Zone community are given access to a basic Zoho package through this arrangement, which includes a dedicated portal, customer support, and training to help them swiftly implement technological solutions for their businesses.
“Both IFZA and Zoho share a common belief of putting People First through products, processes and knowledge that are developed in a constant state of improvement for the benefit of our customers. We look forward to providing our global network of Partners and Licensees an easy-to-use platform that would help them to build not only their business but, more importantly, strong relationships with their customers”, said Martin G. Pedersen, Chairman of IFZA.