The government of the Kingdom of Saudi Arabia is planning to diversify the economy and move it from an oil-based economy to one with various sectors contributing to the growth. This opportunity comes as a great chance for the businesses in the region as well as for aspiring corporate looking to set up their presence in the region. But that being said, doing business in Saudi Arabia is not that straightforward and requires to follow the guidelines specified by the government regarding:
- Keeping records of financial transactions
- Preparing financial statements
- Day-to-Day monitoring and updating
- Payroll Management
One of the major tasks that every business has to ensure is the accuracy of their accounting records. Any kind of discrepancy can be considered as willful fudging of the records and can attract penal actions as well. That is why you need to ensure the authenticity and accuracy of your accounting records. So, can you rely on your internal staff for it? What if there is any mistake due to the negligence of the staff? Who will bear the consequences? Consequences will be borne by none other than you and your business.
Aviaan Accounting is one of the leading bookkeeping services providers in Saudi Arabia. We have been working in the region for the last many years and are well versed in the rules and regulations of the Saudi Government when it comes to a business and its accounting. With our experienced accountants and bookkeeping professionals at your service, worry about the maintenance of your accounting books and focus only on the growth and expansion of your business.