create a company in Egypt

Monday, March 6, 2017

Doing Business in Egypt – Create a Company in Egypt

Fathalla CPA – specialist in performing Companies in Egypt , we have super skills to cover you doing a reliable business in Egypt and middle east.
Our clientele are truly international; we work with national and multinational firms from all over the world, for instance, the UK, the Netherlands, Japan, Kuwait, Pakistan and Turkey.

Our Services
All Tax Services Auditing & Assurance, Accounting & Bookkeeping, Establishing all forms of companies, Legal services, Feasibility Studies, Zakat Services, Establishing financial & accounting system, Training Courses
http://www.fathalla-cpa.com/
+201111114032
info@fathalla-cpa.com

Doing Business in Egypt – Create a Company in Egypt

Saturday, February 25, 2017

Create a Company in Egypt – Doing Business in Egypt

Doing Business in Egypt - Create a Company in Egypt

We have an in house team of professional and experienced lawyers who are able to deal with all tax cases at all court levels
Preparing accounting cycles and reviewing all documents.
Preparing financial statements and auditing reports.
In some cases we help undertake the bookkeeping process for those clients who don’t have the ability to perform it themselves, in these cases we help prepare all related book and accounting cycles.

An accounting audit is the process of examining a company’s entire financial situation,

with an emphasis on ensuring compliance with relevant reporting standards, and promoting adequate cash handling policies and internal controls. In most countries, regular audits by outside firms are required for publicly traded corporations.

In contrast, small businesses are typically not subject to as rigorous a set of reporting standards and controls and therefore are often not subject to mandatory audits.
Our Services
All Tax Services Auditing & Assurance, Accounting & Bookkeeping, Establishing all forms of companies, Legal services, Feasibility Studies, Zakat Services, Establishing financial & accounting system, Training Courses

http://www.fathalla-cpa.com/
+201111114032
info@fathalla-cpa.com

Create a Company in Egypt – Doing Business in Egypt

Doing Business in Egypt - Create a Company in Egypt

Preparing audit programs for each company to check all accounts.
Preparing accounting cycles and reviewing all documents.
Preparing financial statements and auditing reports.
In some cases we help undertake the bookkeeping process for those clients who don’t have the ability to perform it themselves, in these cases we help prepare all related book and accounting cycles.

Our approach to deliver an effective audit require from us to plan ahead before we start any audit engagement. In order to do that we need to understand your business as thoroughly as possible so we can advice you properly.

We believe that each audit assignment is unique, we design a specific audit plan and program that are tailored to meet the unique nature of our client’s business and operating environment focusing on the highly risk areas that might affect the business.

As a result of our audit, we prepare a Management Letter containing our audit findings, identifying weakness in internal controls along with our specific recommendations which we believe it will improve the effectiveness and profits of an organization.
Our Services
All Tax Services Auditing & Assurance, Accounting & Bookkeeping, Establishing all forms of companies, Legal services, Feasibility Studies, Zakat Services, Establishing financial & accounting system, Training Courses

http://www.fathalla-cpa.com/
+201111114032
info@fathalla-cpa.com

Create a Company in Egypt – Doing Business in Egypt

Doing Business in Egypt - Create a Company in Egypt

United States citizens (both citizens and permanent residents) required to file annual U.S. income tax returns and report their worldwide income regardless of where they reside. This means regardless of how long they may have been out of the states they will always be subject to the USA tax system. In fact, even “accidental citizens,” those who have citizenship (i.e. U.S. passport), but have never actually lived or worked in the USA are also subject to the U.S. tax system.In addition, you may also be able to deduct part of your qualifying housing cost and receive a credit for income taxes paid to a foreign government

While there are mechanisms in place to alleviate double taxation, there is still a requirement to lodge a tax return, if the filing threshold is exceeded (approximately $10,000 for a single person). The more important factor to consider is a proper reporting of financial assets held outside the U.S. This would include bank accounts, pensions, interests in foreign companies, partnerships or trusts. Failure to report these types of assets on the appropriate forms can result in significant penalties ($10,000 per occurrence, per year). This reporting also includes accounts for which the USA person has signatory authority over i.e. employer accounts.

The recent implementation of FACTA has caused tax compliance to become a pressing issue for U.S. persons abroad. Many banks and financial institutions are requiring USA persons to attest that they are compliant with their U.S. tax filings and obligations, as they begin reporting to the IRS on USA persons. It is important that American persons become compliant before the IRS contacts them.