About VAT Returns
Smarter & faster compliance management, way better efficiency!
Cygnet One’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 for VAT returns in specific formats provided by the tax authorities and keeping you ready for audits.
Modern challenges require modern solutions
Empower your business tax teams by addressing the challenges faced in the GCC VAT compliance
Data integration & Validations
Integrate with multiple source systems, i.e., POS, ERPs, CMS, and accounting systems using SFTT/FTP, SSIS, API connectors
Powerful & Scalable
Scan millions of records with 400+ error checks. Cleanse, convert & validate data for the required data field as per the FTA laws with minimal efforts
Audit readiness
An end-to-end audit trail ensures that your business has good governance and control over VAT management
Every minute insight
Generate detailed 15+ business intelligence reports for the individual and group companies with their past and current views of business operations
Enhanced Security
Achieve data security with ISO 9001, ISO 27001, CMMI-3 & VAPT certifications