Tax Services - Tax Accountant
Financial Services
Tax services
What are taxes
Because of our keenness on the interest of our customers, we are pleased to offer twenty years of experience and other services provided by the House of Financial and Legal expertise to our dear clients, which always reach the best results.
The income tax system in the Arab Republic of Egypt began with the issuance of Law No. 14 of 1939, and in 1949 Law No. 99/1949 was issued, and radical changes took place overnight that had economic and social repercussions on society, and ended with the nationalization of most institutions that practice economic activities at the same time Some opinions called for a shift to a unified tax system, similar to economically developed countries, and thus society suffered from a lot of repression in tax treatment, moreover, the management of economic activities that were poured into the hands of a group of officers, most of whom lacked personal motivation To achieve professional success and were promoted to the top of the hierarchy as a result of editing, the job graduated and not necessarily based on their qualifications or managerial abilities, and therefore people had to bear the consequences of administrative failure. To face this deterioration, the government had to pass Law No. 187 of 1993, in which accounting firms had a major role to play.
But with the continuous clash between the taxpayer and the tax authority, which leads to a decrease in the tax authority’s ability to collect their taxes in a timely manner, Law No. 91 of 2005 was issued to abolish Law No. 157 of 1981 by introducing some advantages that confirm some credibility, such as making the highest tax class 20% instead of 40% and other benefits, and this helps to define the role of accounting firms and the services they provide.
The income tax system in the Arab Republic of Egypt began with the issuance of Law No. 14 of 1939, and in 1949 Law No. 99/1949 was issued, and radical changes took place overnight that had economic and social repercussions on society, and ended with the nationalization of most institutions that practice economic activities at the same time Some opinions called for a shift to a unified tax system, similar to economically developed countries, and thus society suffered from a lot of repression in tax treatment, moreover, the management of economic activities that were poured into the hands of a group of officers, most of whom lacked personal motivation To achieve professional success and were promoted to the top of the hierarchy as a result of editing, the job graduated and not necessarily based on their qualifications or managerial abilities, and therefore people had to bear the consequences of administrative failure. To face this deterioration, the government had to pass Law No. 187 of 1993, in which accounting firms had a major role to play.
But with the continuous clash between the taxpayer and the tax authority, which leads to a decrease in the tax authority’s ability to collect their taxes in a timely manner, Law No. 91 of 2005 was issued to abolish Law No. 157 of 1981 by introducing some advantages that confirm some credibility, such as making the highest tax class 20% instead of 40% and other benefits, and this helps to define the role of accounting firms and the services they provide.
General Tax Services
• We prepare and submit the tax declaration according to the approved financial statements for the fiscal year of each year.
• Attending the examination of the commercial profits tax to end the disputes that may arise, God forbid, and the remarks and respond to inquiries.
• In the event of a dispute between the company and the competent tax office, our office will study the situation and represent the company before the internal committees and appeal committees and prepare defense notes to reach the best results and reduce the tax burden on the company.
• And all other operations related to general taxation.
• Attending the examination of the commercial profits tax to end the disputes that may arise, God forbid, and the remarks and respond to inquiries.
• In the event of a dispute between the company and the competent tax office, our office will study the situation and represent the company before the internal committees and appeal committees and prepare defense notes to reach the best results and reduce the tax burden on the company.
• And all other operations related to general taxation.
VAT Services
• Our professional services that we will provide to your esteemed company in the field of value added taxes are as follows:
• Assist the company in preparing the monthly tax return.
• Attending the tax examination to end the disputes that may arise, God forbid, at all levels.
• Helping the company to obtain the value-added tax that it has paid from its own resources on behalf of clients by seeking to the Commission to address these authorities to urge them to pay any amounts due.
• Seek with the authority to find out if there are any sums that have been collected through the National Investment Bank and the company has not been notified of it.
• Providing technical advice related to tax in the contracts concluded by the company.
• Assisting the company in preparing defense notes related to tax at all levels and levels of litigation authorities.
• Providing all technical advice and responding to all company inquiries in the field of tax.
• And all other operations related to value added tax.
• Assist the company in preparing the monthly tax return.
• Attending the tax examination to end the disputes that may arise, God forbid, at all levels.
• Helping the company to obtain the value-added tax that it has paid from its own resources on behalf of clients by seeking to the Commission to address these authorities to urge them to pay any amounts due.
• Seek with the authority to find out if there are any sums that have been collected through the National Investment Bank and the company has not been notified of it.
• Providing technical advice related to tax in the contracts concluded by the company.
• Assisting the company in preparing defense notes related to tax at all levels and levels of litigation authorities.
• Providing all technical advice and responding to all company inquiries in the field of tax.
• And all other operations related to value added tax.
Payroll Tax Services
We will direct the company’s attention to how to take advantage of the tax and legal exemptions in order to reduce the tax burden as much as possible on the company’s employees.
We will, at the end of the fiscal year, do the following:
• Preparing and reviewing the reconciliation statements prepared by the company to ensure the correctness of the tax calculation and the matching of the total wages mentioned in the reconciliation statements with the total wages received in the company’s account.
Ensure that all taxes due, based on the tax settlements prepared by the partners, have already been paid on their due dates.
• Presenting tax settlements to the tax authority and explaining how to prepare these settlements to the officials during the tax examination.
Review the examination report prepared by the tax authority, study it, respond to the notes contained therein, and prepare any data or analyzes in light of this study
• Preparing the appeal memorandum based on what was stated in the examination report and submitting it to the internal committee and appeal committees, and the committee’s discussion of the points of disagreement in order to reach the best possible results of reducing the tax burden on the company as much as possible.
• And all other processes related to payroll tax.
We will, at the end of the fiscal year, do the following:
• Preparing and reviewing the reconciliation statements prepared by the company to ensure the correctness of the tax calculation and the matching of the total wages mentioned in the reconciliation statements with the total wages received in the company’s account.
Ensure that all taxes due, based on the tax settlements prepared by the partners, have already been paid on their due dates.
• Presenting tax settlements to the tax authority and explaining how to prepare these settlements to the officials during the tax examination.
Review the examination report prepared by the tax authority, study it, respond to the notes contained therein, and prepare any data or analyzes in light of this study
• Preparing the appeal memorandum based on what was stated in the examination report and submitting it to the internal committee and appeal committees, and the committee’s discussion of the points of disagreement in order to reach the best possible results of reducing the tax burden on the company as much as possible.
• And all other processes related to payroll tax.
Discount and Additional Tax Services
Preparing and reviewing the settlement statements prepared by the company to ensure the correctness of the tax calculation and matching the total transactions received in the settlement statements with the total transactions received in the company’s account.
Ensuring that all taxes due from the tax settlements that have been prepared have already been paid on their legal dates.
Submit tax settlements to the tax authority and explain how to prepare these settlements for the tax office during the tax examination
Ensuring that all taxes due from the tax settlements that have been prepared have already been paid on their legal dates.
Submit tax settlements to the tax authority and explain how to prepare these settlements for the tax office during the tax examination
Services to Develop the State’s Financial Resources
• Determining the priority subject to law No. 147 of 1984 and its amendments on the basis of the base taken to link the specific tax, its calculation, and its payment with the original tax upon submitting the company’s annual declaration.
• As for workers, they submit their annual returns to the competent tax office within two months of the year’s end date.
• As for workers, they submit their annual returns to the competent tax office within two months of the year’s end date.
Stamp Tax Services
• We attend the tax examination, receive forms and file objections.
• Preparing and processing data and documents, and the attendance of internal committees and appeal committees.
• Preparing notes to reach the best results.
• And all other processes related to stamp tax.
• Preparing and processing data and documents, and the attendance of internal committees and appeal committees.
• Preparing notes to reach the best results.
• And all other processes related to stamp tax.