BPC

Tax audit & prepare annual tax returns

In this respect, we will perform the following duties:

  • Auditing expenses and revenues documents as well as the company capital expenses to verify the fulfillment of the formal and material requirements of new tax law with respect to documents, the bookkeeping and documentary cycle.
  • Timely identification of physical expenses that are not approved according to the new tax law to be taken into consideration upon preparing the tax return at year end and verifying expenses that are customarily accepted without documents or internal documents within the limits stipulated at the new tax law and its executive regulation.
  • Giving the necessary recommendations to the company management after each tax audit process executed through the year in order to remove observations having tax implications upon the company.
  • Performing the said tax audit twice a year, firstly after expiration of the first six months of the fiscal year, and the second time after preparing the draft balance sheet and before being finally approved.
  • Preparing the annual tax return in the form required by the new tax law and signing it.