Accounting Services:

We provide accounting and auditing services for establishments with a strong team that has the sufficient training and experience. We understand our role in the financial reporting process, as an opportunity to provide constructive solutions to maximize the profitability and efficiency of your company.

• Establish accounting systems for companies
• Bookkeeping and qualify customers for registration and bookkeeping.
• Prepare financial statements and clarifications in according to Egyptian and international standards
• Prepare periodic financial reports, that are of interest to investors and decision-makers.
• Provide accounting consultancy.

Auditing Services :

The auditing process is an intensive examination of your company's systems and records that provide the highest level of assurance. The auditing process is conducted according to the international auditing standards and the Egyptian auditing standards and in accordance with the Egyptian laws and regulations in this regard to reach reasonable assurance, that the financial statements do not include (involve) errors or misrepresentation. The audit work include the following :

• Audit and examine the financial statements.
• Check and assess the accounting principles and policies used in the establishment.
• A general assessment of the presentation of the financial statements and what it include of disclosures and clarifications.
• Ensure that the financial statements are compatible to the supporting documents.
• Check all items on the financial condition list and income statement.
• Prepare the auditors' reports on the financial statements at the end of each period.

Tax Examination

We have a specialized team to deal with all kinds of tax inspections at various stages, as well as our extended relationship with a lot of tax authorities in Egypt for more than 25 years, which makes our task easier to match the situation of our clients with the Egyptian Tax Authority. This includes the process of examining the tax declaration, the supporting documents, and the presence of the various authorities and committees to provide all the answers to the queries that may be requested by the employees of the Authority to save time on the taxpayer and the authority to obtain the best possible results in accordance with the tax laws and the various executive instructions.

Prepare and submit tax declarations

The preparation of tax declarations is a very important matter which may have future implications that may cause great harm to any company. If the submitted declarations to the authority are not compatible with the laws and the executive regulations, so when in the tax examination , there may be unpaid tax differences in accordance with the tax laws, so we are fully aware of how to prepare your tax declaration very well and see the executive instructions so as to avoid falling into conflict with the tax authority and a real crisis for your company. We at Abualwafa Financial and Administrative Systems provide this service to our clients and follow them constantly, prepare and submit tax declaration of all kinds (income tax, VAT, discount tax, stamp tax, labor gain ...). In accordance with the laws and executive instructions to ensure the best results in the tax examination and maintain the stability of companies.

Tax Consultancy

We provide various tax consultancy services with our specialized experts at various tax stages and through our relationship with the Tax Authority and senior employees to ensure that you are on the right track and avoid mistakes that may cost your company a lot

Establishment and modifications of companies:

We have a team specialized only in the work of establishment, modification, conversion and merger of companies of all kinds (sole proprietorships - partnerships - corporations ) and deal with all competent authorities to complete the process of establishment and publicity for companies such as the Court, the Tax Authority, the Chamber of Commerce and the Commercial Register, the General Authority for Investment, the Industrial Development Authority, the Federation of Industries, and all other government agencies.

Obtain permits and licenses:

In addition, we complete all procedures for obtaining permits and licenses for security, health and others, which are related to many activities such as obtaining licenses for security and guard companies, advertising companies, newspapers, magazines and other activities that require authorizations in Egypt.

Registration in public and private unions :

We register companies in public and private fedrations such as the Construction and Construction Union and others that are necessary for some activities.

Procedures for dissolution of companies, liquidation and bankruptcy :

We provide all special procedures related to the dissolution of companies or bankruptcy of companies and persons through our legal team to obtain the best results.

• ☛ We provide the time and unnecessary costs that may disturb any investor, as we know that the prevalent bureaucratic procedures in our societies may seem boring and frustrating investors due to the large number of governmental agencies and the lack of a network to connect all these factors, which prolong the time of procedures and disables them.
• ☛ In addition, we educate the clients about the responsibilities in adopting a decision to establish their own company and defining the special differences between each type of companies and obligations of each type. The importance of obtaining licenses and registrations at public and private entities (authorities) according to the need for each activity.

Adminstration is one of the most important factors of success in any establishment. Many companies and organizations are in this dilemma as the successful management is considered the most important investment of any company and we provide many management solutions for companies, including:

Adminstrative structure of companies and institutions :

Structuring is a process of change of formal relationships between organizational components, which is a set of strategies, plans, programs and policies set by management to reduce costs and improve performance. The most important stages that we follow in this process are :

• Identify the problem :

  As the existing situation is studied and the strengths and weaknesses are identified through the existing organizational structure, the applicable system of operations, regulations and instructions. During this stage, selected interviews are conducted with different segments of the staff and managers, as well distributing informational forms with a set of carefully selected questions to obtain the required information.

• Precise identification of problems

  Obstacles and bottlenecks of procedures, processes or possibilities of individuals, overlap in the terms of reference, range of work, services level, diversity and its relevance to the environment. This phase includes limited discussions on the identified problems.

• Study the main financial indicators and growth rates .

• set the proposed system

Of restructuring and the development of a system that work in with the strategy of the company, which achieves the administrative and technical efficiency to accelerate the development wheel, correct the performance, and reach the maximum possible efficiency.

• Test and evaluate the system , redesign and modify the inappropriate points.

• Implement the system and follow up its performance.

Provide administrative cadres for companies:

We provide administrative cadres for companies, if needed, who have sufficient experience and training in their fields to ensure the company's focus is on its development and profitability goals and the absence of any internal administrative obstacles that may cause a major imbalance that leads some companies to waste many opportunities and sometimes may cause the companies to drown in internal problems, which eventually leads to its end in the market and end of its economic life.

The attempt to obtain the appropriate funding at each stage of the project is one of the most important problems facing any investor, especially in the emerging projects. Therefore, we help our clients by providing a variety of alternatives and financing opportunities, both from specialized financial institutions or personal financing sources such as:

• ☛ Financing from banks and private funds
• ☛ Investment funds for large companies that have a financial surplus and want to invest in a project that achieves a big profit in a short term without going in the problems of management .
• ☛ Personal finance through finding an investor who wants to invest in such projects.

In addition, we manage the cash and follow up the client periodically and continuously to ensure the management of financing within the project and the extent of its commitment to pay and relations with banks and also study and control the expected and unexpected difference between cash inflows and outflows and help customers in dealing with excess cash in an appropriate manner that serves the interest Established in the future.

The economic feasibility study is a work of specialists, economists, financial and marketing experts, in addition to the presence of technical expertise in all sectors to identify the quality of the machines used in the production process and the cost for each stage of the project. In our office, we rely on a set of foundations for any feasibility study:

• ☛ The possibility of implementing the project technically and the availability of the necessary production elements for the project throughout its economic life.
• ☛ Provide funding for the project.
• ☛ Provide sufficient markets to accommodate production for the project.
• ☛ Study the point of view of the economic, market and social profits of the individual project .