Indirect Tax Practice Update
NLB Services’ Indirect Tax Digital Transformation practice has been very busy recently in the middle-east market with its recent involvement in multiple implementations of a leading Tax Engine. With the new VAT regime, the Gulf Cooperation Council (GCC) clients were facing a steep deadline with a cutover of 31st Dec’17; NLB’s team of Technical and Functional tax and ERP experts took the challenge on the stride and helped the clients successfully implement the new tax solution. Our strong partnership with leading tax technology product companies and our implementation/delivery expertise were key to our growth and success in the tax technology space..
While NLB’s tax technology solutions are applicable across industry verticals, the specific clients we worked with recently in the middle east were conglomerates with diverse business interests and major insurance providers. NLB also established its operations in the Middle East recently and has been focusing on compliance projects along with tax engine implementations. Please stay tuned for more updates.