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Is your Business ready for VAT ?

SRQ Companies is here to help!!


Introduction to VAT
Business Customer
Supplier/Manufacturer

1050 + 150(Margin) + 5%
1000 + 5% Tax = 1050 VAT = 1260

 value-added tax is a

Output Tax = 60
common form of

Input Tax = 50
indirect tax levied on
services and goods.

 It is paid to the Remits net VAT = 10


government by the
suppliers at every stage
in the supply chain.

Tax Authority
Collects VAT = 60
VAT Registration Timelines

*** Voluntary registration starts from 01/02/2021 for turnovers above 19,250 OMR.
About SRQ Companies
SRQ Companies is a reputed VAT Consultant and Financial Service Provider having huge
experience in managing portfolios of our clients through our high tech state of the art
support infrastructure.

Our Vision
Established in

To become a trusted and  Muscat, Oman

favoured one stop  Dubai, UAE


destination and enrich the
 Sanabis, Bahrain
experience of each client with
 Hyderabad, India
us.

Enrol With Us on our website www.srqcompanies.com


or by downloading our App
SRQ Companies Attributes

Cost Effective and A team of Chartered User friendly SRQ App


customized service packages Accountants and qualified appreciated and applauded
with flexible payment professionals. by all our GCC clients.
options.

Effective, Efficient and


Dedicated Relationship Quick advisory team of
Managers for each client. support for all financial
compliances.

Enrol With Us on our website www.srqcompanies.com


or by downloading our App
User Friendly Mobile App
Our clients documents stored on Clients Profile with all important
dedicated secure server. documents at one place.

Graphical representation of Tax summaries and return filings


Financials. approvals through the App.

Uploads of multiple
In-App notifications of VAT alerts, Invoices/reports made easy with
return filing dates. just a click

Personalised Dashboard

Enrol With Us on our website www.srqcompanies.com


or by downloading our App
SRQ Services

Other Taxations
VAT Return Filing Accounting & Bookkeeping
 Data entry and  Income Tax
 VAT Registration
Accounting Software
 VAT Consultancy  Finalization and book
keeping of accounts.  Excise Tax
 VAT Filing  Income Statement.
 VAT Compliance  Balance Sheet.  Withholding Tax
 VAT Accounting and
 VAT Tax Payment
related ledgers.
 Other related submission

Enrol With Us on our website www.srqcompanies.com


or by downloading our App
SRQ Customized Packages
 SRQ Companies offers customized pocket friendly packages that suits small medium & large enterprises with
flexible payment options.

Enrol With Us on our website www.srqcompanies.com


or by downloading our App
Support for our Enrolled clients

Dedicated Relationship In-App support Dedicated Support Dedicated


Manager request form email ID Whatsapp Contact

Enrol With Us on our website www.srqcompanies.com


or by downloading our App
For Free Consultation Reach Us At

+968 92132049 / 71937226 / 71781791

Info.om@srqcompanies.com START

www.srqcompanies.com
SRQ COMPANIES

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