By : Bakinam Khaled – Mohamed Shawky
eTax, the technology arm of the Egyptian Tax Authority, has signed a partnership agreement with the global technology giant SAP to provide powerful and fast-implemented solutions, allowing eTax customers to start using the SAP program in a short time, to contribute to the facilitation of taxpayers and help the business community.
The agreement was signed by Eng. Khaled Abdel-Ghany, Managing Director of "eTax" and Eng. Mohamed Sami, Managing Director of "SAP" Egypt, at eTax's headquarters in the Smart Village.
Through this agreement, ETax will be able to provide SAP licenses and software, with the addition of a set of other complementary services, in order to reduce the burdens of digital transformation for customers by transferring the customer's capital costs resulting from the purchase of licenses and servers into operating expenses paid annually or quarterly.
ETax is also developing a fast-to-implement, plug-and-play SAP implementation model targeting private clients to accelerate compliance with technical integration via ERP or payroll subscription.
The cooperation aims to develop the basic capabilities necessary for digital transformation in the Tax Authority, in a way that supports electronic invoice services, as well as the unification system for calculating the payroll tax, as well as developing solutions that help taxpayers in integrating with the Egyptian Tax Authority systems.
On his part, Eng. Khaled Abdel-Ghany, Managing Director of "e-Tax" company, expressed his pride in the partnership with the global "SAP", in addition to having "e-Tax" a group of SAP consultants who have the technical expertise to implement systems and the practical experience of tax operation, which provides the Tax Authority with advice. And guidance supported by the opinion of technical experts.
He added that eTax, since its inception, has been building a technological sector with SAP solutions to meet the needs of the Egyptian Tax Authority first, and then also serve the business community.
He stressed that SAP technologies will give the Egyptian market enormous advantages to develop the basic capabilities of the tax work system in Egypt, in a way that enhances the preservation of the resources of the tax authorities and supports their proceeds in increasing the rates of flow and transfer in an instantaneous manner that is more accurate and reliable, in light of the application of the electronic invoice system as one of the steps of the tax digital transformation. Within the vision of Egypt 2030.
For his part, Eng. Mohamed Sami, Managing Director of SAP Egypt, said that the company is proud of expanding its business within the Egyptian market, in cooperation with "e-Tax" as a strong partner that enjoys the confidence of government agencies and the business community and has an appropriate financial solvency that enables it to
Preserving current expertise and building accumulated expertise to help speed up the implementation and operation of projects, which supports the company's plan to help spread and accelerate the digital transformation process and adopt the latest technologies and international best practices.
It is worth noting that the company "e-Tax" has recently finished holding the first general assembly for its shareholders, after achieving a wide range of first-of-its-kind successes in tax digital transformation within the Egyptian market, as it was able to achieve profitability while providing the best added values for companies and institutions in facilitating tax procedures. As well as supporting the Egyptian economy in enhancing the speed and ease of applying tax systems .