Finanshels.com launches AI WhatsApp service for corporate tax registration in UAE

Finanshels.com launches AI WhatsApp service for corporate tax registration in UAE



Muhammed Shafeekh, CEO/Founder of Finanshels Accounting Technologies FZ-LLC

Image Credit: Supplied

Finanshels.com, a startup supported by the Mohammed Bin Rashid Fund (MBRIF), has launched a transformative AI WhatsApp service for corporate tax registration in the UAE, offering a swift and streamlined process. This new service enables businesses to complete their tax registration through a simple upload of four documents in under five minutes, a notable advancement from the traditional method that requires navigating the Federal Tax Authority's website, a process that usually takes 1 to 2 hours and demands proficiency in both Arabic and English.

The conventional tax registration process has been burdensome for small business owners, leading many to hire tax consultants at costs ranging from 500 to 2000 AED, often without clear pricing structures. Finanshels.com's AI WhatsApp bot significantly reduces this financial burden with a fee of only 199 AED, while also cutting down the time and complexity involved in tax registration.

CEO Muhammed Shafeekh states that this service is a step towards democratising tax registration for small and medium enterprises in the region, providing an efficient, transparent, and cost-effective alternative. Over 500 companies have already adopted this platform, giving it a high rating of 4.9 out of 5 on