Perfonec Computers

What is Designated Zone? A designated zone is a warehouse, zone or area inside the UAE where the Excise tax will not be applicable. It is also known as an excise warehouse. The designated zones are special zones for VAT purposes, which are generally considered outside of the UAE in terms of VAT. While VAT applies throughout the UAE, in the designated zones VAT generally does not apply.  He said any supply of goods within the notified designated zone or from one notified designated zone to another notified designated zone - subject to necessary controls and procedures being followed and conditions of providing financial guarantee, etc., if required being met - shall not be subject to VAT. Below is the list of the designed zones: 1. Abu Dhabi : Free Trade Zone of Khalifa Port; Abu Dhabi Airport Free Zone; and Khalifa Industrial Zone 2. Dubai : Jebel Ali Free Zone (North-South); Dubai Cars and Automotive Zone (Ducamz); Dubai Textile City; Free Zone ...

Contact www.perfonec.com

Sage 300 ERP Software Small and middle size business wholesalers, distributors, and manufacturers looking to grow speedily often consider an ERP solution to be an important tool to support their growth efforts. One of the leading solutions targeted at smaller companies is the Sage 300 ERP system. It has a broad range of functionality specially targeted at distribution companies with an global presence. It is able to link the gap between a startup’s need for simple accounting software and a more strong ERP solution. Sage 300 ERP Strengths and Weaknesses Strengths of Sage 300 ERP contain a solid distribution module, strong Multi-language and multi-currency features, a skilled business intelligence module and reporting capability that can meet the needs of most small companies. One weakness noted about Sage products is in the area of reporting and processing.  Sage – because it is typically meant at smaller companies with limited requirements – has more limited repor...

Accounting software is a class of computer programs that enable you to manage your business's financial transactions.  Accounting software can help to increase the accuracy of your records by reducing or eliminating human errors in calculation.  Now VAT has become mandatory for accounting software’s. In particular, the  United Arab Emirates  (UAE) plans, on 1 January 2018 , to implement VAT Currently there are around 2 million VAT registered businesses. It is important for the businesses to remain with VAT legislation and remain compliant at the same time as trading. SAGE 50 UK Accounting Software and QuickBooks UK Accounting Software is some VAT Complaint Software. SAGE 50 Accounting Software 2017 – UK Edition Offers:          Everyday Accounting Software features          Simple Installation          Invoice customers, pay suppliers        ...