About us
Among the services Abu Al Hassan offers are taxation, audit and assurance, accounting, investment advice, and company incorporation, We specialize in tax consultation and services. A global network of independent accountancy firms, business consultants, and legal advisors.
Services
By leveraging our technical expertise alongside market knowledge and years of experience, we strive to offer cutting-edge solutions that drive success for our clients on a global scale.
Our commitment to professionalism and expertise has been a cornerstone of our company since its inception. Our dedicated staff consistently delivers the highest level of service, ensuring that our clients receive excellent support and solutions that meet their unique needs.
Abu Al Hassan strongly believes in the continuous development of its human capital. We prioritize the growth and learning of our employees by offering comprehensive training programs that enhance their skills and knowledge. Additionally, we actively encourage our team members to pursue relevant international certifications, recognizing the value and impact they can bring to both individual career progression and the overall success of our organization.
Audit
&
Assurance
Our Auditing and Assurance service is designed to provide valuable insight into the current state of firms. We conduct thorough examinations of financial statements to assess their accuracy and legitimacy. By doing so, we aim to assure investors and capital markets, instilling confidence in the financial information presented by the firms we audit. Our diligent and meticulous approach ensures that our clients receive reliable and trustworthy assessments of their financial statements, ultimately contributing to informed decision-making and transparency in the market.
At Abu Al Hassan, we understand the importance of effective bookkeeping processes in ensuring accurate and compliant financial reporting. Our dynamic work environment is dedicated to supporting firms in this aspect, offering comprehensive assistance in aligning their reporting practices with the regulatory framework. Through our expertise and attention to detail, we aim to provide rich audit insights and evidence that not only meet regulatory requirements but also serve as valuable resources for firms' growth plans and ambitions. By streamlining their financial processes, we help our clients make informed decisions and achieve their strategic objectives with confidence.
At Abu Al Hassan, we take pride in the high level of education and qualifications held by our professional staff. Every member of our team, including our juniors, has completed their university education, ensuring a strong academic foundation for their careers.
We also place great importance on professional qualifications in the fields of accounting and auditing. Our partners, managers, and the majority of our senior staff are professionally qualified accountants and auditors. They have undergone rigorous training and examinations to obtain these qualifications, demonstrating their expertise in their respective roles.
Furthermore, many of our staff members hold international qualifications that are recognized globally. This not only showcases their dedication to professional development but also enables us to offer our clients a breadth of expertise and a deep understanding of international standards.
In addition to international qualifications, our staff members also hold equivalent certifications that are recognized within Egypt. This ensures that we are well-versed in the specific regulations and requirements of the local business environment.
By employing a team of highly educated and qualified professionals, we can provide our clients with exceptional service and expertise. We are committed to staying up-to-date with the latest industry trends and regulations, allowing us to deliver tailored solutions that meet the unique needs of each client.
We are proud to have a team of professional staff who bring a wealth of experience to their roles. Many of our staff members have gained extensive and diverse experience by working for reputable international accountancy and auditing firms, as well as local firms, in various activities. This diverse background allows us to offer our clients a comprehensive range of services and insights.
Our staff members have worked on projects and engagements across different sectors and industries, including but not limited to:
Our team at Abu Al Hassan has worked extensively in the following areas:
Manufacturing and Industrial: Our staff members have provided accounting, auditing, and financial consulting services to companies involved in manufacturing and industrial activities. We understand the unique challenges and requirements of this sector and can assist with financial reporting, cost management, and operational efficiency.
Commercial: We have experience working with commercial enterprises across various industries, offering accounting, auditing, and financial advisory services. Our team can help with financial analysis, risk assessment, and strategic planning to support the growth and success of our client's businesses.
Contracting, Construction, and Real Estate Development: Our staff members have been involved in projects related to contracting, construction, and real estate development. We can provide accounting, auditing, and financial consulting services to ensure compliance with industry regulations, project cost management, and financial feasibility analysis.
Hotels and Tourism: We have assisted clients in the hotels and tourism industry with financial reporting, revenue management, and cost control. Our team can offer guidance on industry-specific regulations and help optimize financial performance.
Telecommunication and Information Technology: Our staff members have worked with companies in the telecommunication and information technology sectors, providing accounting, auditing, and financial advisory services. We understand the fast-paced nature of these industries and can offer valuable insights to support growth and innovation.
Banks and Financial Institutions: Our team has experience working with banks and financial institutions, offering accounting, auditing, and regulatory compliance services. We can assist with financial reporting, risk management, and internal control assessments.
Oil Exploration and Oil Field Services: We have provided accounting, auditing, and financial consulting services to companies involved in oil exploration and oil field services. Our team understands the unique financial and operational challenges of this industry and can offer tailored solutions to support our client's goals.
Foreign Companies Branches and Representations: We have experience working with foreign companies that have branches or representations in Egypt. Our team can provide accounting and auditing services to ensure compliance with local regulations and assist with financial reporting for consolidated accounts.
By leveraging our expertise in these diverse activities, we are well-equipped to provide our clients with comprehensive and tailored solutions to meet their specific needs and support their business growth.
Tax
Services
Based on the specialization principle, Abu Al Hassan provides tax services in this area. Thus, each partner and his group provide a specific tax service. Each tax partner must have been an ex-manager of a tax inspectorate or one of its affiliates. Our company, Abu Al Hassan - Sobol El Khebra for Zakat & Income Tax Consultants, provides integrated and innovative tax solutions. Abu Al Hassan offers the following tax services:
– Corporate profit tax.
– Zakat
– Value Added Tax (VAT).
– Salary and wages tax.
– Stamp tax.
– Real estate tax.
– Withholding tax.
Tax audit and preparing annual tax returns:
In this area we do the following:
- Auditing expenses and revenues documents and the client capital expenses to verify the fulfilment of the formal and material requirements of the new tax law concerning documents, bookkeeping and documentary cycle.
- Regularly identifying the actual expenses that are not approved according to the new tax law to be taken into consideration on preparing the tax return at year-end and ensuring that the expenses that are customarily accepted without supporting documents or internal documents are within the limits stipulated in the new tax law and its executive regulations.
- Submitting the necessary recommendations to the client’s management after each tax audit process implemented during the year to avoid observations that can have negative tax effects on the client.
- Performing tax audit twice a year: The first audit after the expiration of the first six months of the fiscal year, while the second audit 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 its regulations.
Investment
& Companies Incorporation
Our investment and company incorporation services include:
- Incorporating all kinds of stock companies, partnerships, individual firms, branches of foreign companies, representatives, liaisons and scientific offices.
- Giving consultations on companies and their respective laws.
- Performing economic feasibility studies of projects.
- Performing investment and finance studies.
- Evaluating the financial position of existing companies.
- Analysis of the financial indicators as well as the performance appraisal.
- Restructuring: changing the legal form, merging, dividing, acquiring and liquidation.
- Registering companies in the commercial and industrial registry, the capital market authority, the stock exchange, the commercial agents, the exporters and importers registry, the financing lease, the private sector contractors and the Egyptian contractors union for construction.
- Amending articles of association and conciliation of companies’ status, shareholders general assemblies, boards of directors, shareholders registries, ownership, and transfer books and drafting contracts and sub-agreements.
- Assisting in getting work and residence permits for non-Egyptians.
- Assisting in getting the necessary authorizations and permits for projects and companies and helping clients in resolving and settling any disputes or problems that may arise with government and non-government bodies.
Bookkeeping
Our bookkeeping department provides a specialized service for clients preferring to outsource their bookkeeping activities. This department is responsible for:
- Handling accounting books of clients
- Preparing a monthly trial balance
- Setting up the accounting system
- Organizing the accounting books to meet both the local legal requirements as well as client requirements.
Social
Insurance
In this area we do the following:
- This department is headed by a partner who has extensive experience in the area of applying social insurance law.
- This department handles all aspects of social insurance applications and resolves any problems or disputes – typical or contracting – that may arise with the social insurance authority on behalf of the client.
Transfer
Pricing
Our transfer pricing department prepares all transfer pricing documents following the Egyptian transfer pricing guidelines in addition to the unified tax law no. 206/2020 and its executive regulation.
The department prepares the local file, the master file, and the country-by-country report. The department also provides support during transfer pricing inspections directed by corporate tax inspections, engaging in discussions with the Egyptian Transfer Pricing Authority regarding any pricing matter. The transfer pricing team has 4 members certified in the ADIT transfer pricing module by the Chartered Institute of Taxation (CIOT).
E-invoice
The E-invoice department provides all E-invoicing related services required by the Egyptian Tax authority.
Our E-invoice services include:
- Registration at the Egyptian Tax Authority
- Obtaining an E-signature token
- Coding of products/services
- Integration between the accounting system and the Egyptian Tax Authority portal
System
Inspection
The systems inspection service is a new service catering to the rapid technological transformation of the Egyptian tax authority (ETA). The systems inspection department provides two main services:
Auditing applied internal financial control systems, highlighting the degree of the system’s compliance with ETA standards.
Revision of system outputs from a tax perspective following ETA standards.