ONESOURCE | GCC VAT
A complete VAT solution powered by automation and tax expertise
- Deployable on-premises and on cloud
- Connects to multiple ERP systems
- Customizable global solution with a local focus
Connect data. Automate workflows. Increase accuracy. Reduce risk.
ONESOURCE Indirect Tax software suite allows companies manage end-to-end VAT processes and automate transactions without the headache of managing and maintaining an in-house tax engine or reporting system.
Our complete portfolio of indirect tax solutions provide automation and accuracy across tax and finance workflows from determination through final remittance, compliance, and e-invoicing in the MENA region. Our solutions can be used individually or combined for end-to-end automation and accuracy, every time.
Why ONESOURCE Indirect Tax?
Using ONESOURCE Indirect Tax has enabled our clients to comply with tax authorities’ requirements and submit accurate, timely VAT returns:
- Increasing efficiency by up to 75%
- Reducing costs by up to 50%
- Significantly lowering compliance risk and eliminating the risk of penalties
See ONESOURCE in action
Consult with a specialist
Fill the form to receive a call
By submitting this form, you acknowledge the Thomson Reuters group of companies will process your personal information as described in our Privacy Statement, which explains how we collect, use, store, and disclose your personal information, the consequences if you do not provide this information, and the way in which you can access and correct your personal information or submit a complaint.
Get more control and transparency with ONESOURCE
ONESOURCE Indirect Tax eliminates manual, time-consuming transaction processes and reduces the reliance on key team members understanding the VAT compliance and reporting process
Thomson Reuters has a dedicated tax research team based in the GCC, focused exclusively on maintaining and updating all local VAT rates, rules and regulations, across all our products. You can be confident that your tax calculation, validation and VAT forms are always 100% correct
There’s no major IT involvement required for integration and no need to reconfigure your financial system. This removes tax professionals’ dependency on IT to control your company’s tax policy updates
What you get with ONESOURCE Indirect Tax
Calculate correct tax amounts in milliseconds and easily handle millions of transactions daily. Standardize the return process across your business globally with English and local languages available.
Dedicated team supporting determination in 190 countries, where you’ll benefit from complete, accurate and up-to-date rates and rules on goods and services for tax authorities at the country, state, provincial and municipal levels .
View real-time metrics and updates in a centralized dashboard, so you have increased transparency and complete visibility from the source data all the way down to the transactional level and back.
Powerful reporting capabilities for GL reconciliation, high value transactions, and more, supporting your global compliance, and data analysis process with fast and flexible reporting - giving you the tools your stakeholders need.
Get industry leading e-invoicing support across India, Saudi Arabia and other MENA markets.
Meet new and increasingly prevalent digital tax reporting requirements with support for SII, SAF-T and more.