Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
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Ramco ERP gets UAE VAT ready

Date: 20-12-2017

Ramco Systems’ Global Tax Engine is configured to address UAE VAT, which is one of the biggest tax reforms being introduced in the Gulf nation. Ramco’s Finance and Accounting Suite will offer clients’ a VAT-ready application to manage the new tax regime.

Effective January 1, 2018, the UAE government will implement taxation in efforts to diversify its source of revenue. The scalable ERP Financials application from Ramco is VAT compliant and will enable clients’ adhere to statutory regulations as prescribed by the government. The Finance & Accounting module will also handle the input/ output credit and generate settlement forms, ensuring an efficient & accurate VAT compliant ERP – which is Cloud, Mobile and Chatbot enabled.

Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.