systrixit

[systrixit]

White-label services are managed fulfilment services where a team from Company A can fulfil work for the clients of Company B. In other words, a white Label is a travel product or service which is created by one company but sold by another under their own brand name or logo.

[systrixit]

VAT in Bahrain was introduced on 1 January 2019. The VAT in Bahrain rate is 5% and applies to most goods and services, with some goods and services subject to a 0% rate or an exemption from VAT. VAT in UAE is a general consumption tax that will be levied on the majority of transactions of goods and services unless specifically exempted by the Law.  

[systrixit]

Hotel agents around the world use the Global Distribution System (GDS) as their major booking channel, which is also responsible for the significant growth of the travel industry. If you are a newbie travel agent or consultant, you will be probably wondering what is GDS is and why It is important.

[systrixit]

If you own a B2B travel agency, you must use the B2B travel web portal for ticketing and other services. The question now is which B2B travel web portal is the best of them all, therefore let’s get started and look at the list of Top B2B Travel Portals:

[systrixit]

The Online Travel Booking and Hotel Reservation Industry are booming and people are relying more and more on the internet to book their flights and hotels. The travel industry has its own set of challenges too.

[systrixit]

A hotel reservation system is a mechanism through which guests can create secure online reservations It is the hotel’s booking engine that essentially links up to their own website so that there are no additional fees incurred for the property. The guests can choose how long they will stay, the type of room they want, get add-ons, and pay securely online through a payment platform.

[systrixit]

Are you interested in developing a white label travel portal for your company? 

On the cutting edge of the travel industry, the high demand for travel portal solutions drives up the demand for White Label Travel Portal.

The organization's white label travel portal strategy should be very well implemented right now in order for them to become competitive players in the entire travel industry.

It is the best way to establish a solid reputation in the travel industry as a whole.

By implementing white label solutions in their businesses, travel agencies can improve customer satisfaction and client retention.

It is an online booking portal that enables travel agents to easily and quickly sell hotels, flights, vacation packages, buses, and other travel products to their customers.

They can also manage all of their financial transactions online and run a variety of reports to help their business run smoothly.

Systrix it solutions assist Travel & Tourism Companies that require B2C, B2B, B2E, B2B2B White Label Travel Websites to take their traditional offline travel business online.

Here is a tip for travel agencies looking to implement white label solutions: 

http://bitly.ws/jvM6

[systrixit]

The UAE Government is digitizing transactions and documents in order to go completely paperless, accepting e-payments and digital invoicing.

Compliance with e-invoices and e-documents is quickly becoming critical for all businesses to understand.

Here we explain why it's so important, what conditions your company may have to meet, and how to comply with the laws where you do business.

In simpler terms, the e-Invoicing system is a procedure that aims to transform the manual process of issuing (paper) invoices into an electronic process that allows sellers and buyers to exchange invoices, debit and credit notes, and process them in an organized electronic format.

Is there an impact of e- Invoicing?

In this article, we examine the impact & compliance of e-Invoicing in the UAE, as well as some key points to consider when preparing for e-Invoicing. 

This article focuses primarily on UAE VAT, e-Invoicing, and regulations implemented by the Zakat, Tax and Customs Authority, or "ZATCA," with some references to other Middle Eastern jurisdictions.

The most difficult challenge for businesses now is to bring their technological systems up to speed in light of the rapidly approaching deadline.

Businesses in the enforced segments must speed up the implementation of e-invoice in the Middle East, and companies must map out a clear path for the required process changes and implement them as soon as possible.

To receive your invoices electronically in the United Arab Emirates, use Systrix's STAX Invoicing Accounting System Online.

More information on E-invoicing in the UAE can be found here: http://bitly.ws/jmsd

[systrixit]

VAT in the UAE: What You Need to Know!

In this article, we'll take a look at the new VAT rules that went into effect in 2018 and what they mean for you in 2021.

The travel and tourism industry is an important part of the UAE's national economy, contributing Dh130 billion to the national purse on an annual basis.

It is obvious that the implementation of VAT in the UAE and its impact on the tourism industries will be significant.

This article provides general information on the Value Added Tax (VAT), which was implemented in January 2018 (at a rate of 5%), its role in effective fiscal management at the federal level, and the impact it has on individuals and businesses across the UAE.

It is a well-known fact that businesses in the UAE are planning to assess the impact of VAT.

In addition to assisting you with your VAT, Systrix IT can assist you with the establishment of your business.

Read more about how VAT impacts the tourism industry in the UAE.

Find out More: http://bitly.ws/jms4

[systrixit]

#Einvoicing will be required in #SaudiArabia by 2021, according to the Saudi government.

Since then, the country has accumulated extensive technical requirements, implementation phases, and other relevant data.

If your firm works in Saudi Arabia, we'll go through the most crucial things to bear in mind.

By introducing electronic invoicing across the country, the Kingdom of Saudi Arabia takes a significant step toward avoiding #tax fraud.

This paperless method promises to save time and resources while also being environmentally friendly.

The e-invoicing scheme in Saudi Arabia is known as #FATOORAH. The tax authority in charge of the project is #ZATCA.E-invoicing will be required for all #B2B, #B2G, and #B2C transactions in Saudi Arabia. 

All taxpayers in the country will be required to use it.The Zakat, Tax and Customs Authority (#ZATCA) recently provided extensive e-invoicing advice in #Arabic and #English.

Here is a comprehensive guide that details the exact criteria for each phase of the e-invoicing implementation in Saudi Arabia, as well as a timeline for each.

During the implementation of e-invoicing requirements in #KSA, the Systrix IT team in the #MiddleEast can support your firm in preparing for the move and ensuring continuous compliance.

Do you have any questions or require additional information? Make a request.To Read More: http://bitly.ws/jmsJ

[systrixit]

Travel and tourism are important pillars of the global economy. The travel and tourism industry has been one of the hardest hit by the pandemic, and COVID-19 has drastically altered people's perceptions of international travel. The COVID-19 pandemic has highlighted the tourism industry's vulnerability as well as its global significance. We can expect to see more of the types of innovations from both new and existing travel and tourism businesses. This redesign of interactions and processes will coincide with a new look and feel for travel and tourism. In this section, we’ll take a look at some of the current trends in the travel and tourism business during covid19. Learn more about travel trends: https://www.systrixit.com/blog/

[systrixit]

The booking platform you use for Hajj and Umrah is a vital piece of technology that will assist you in making seamless, quick, and secure Umrah bookings. Travel consolidators, wholesalers, B2B agents, B2C, online travel agents, and travel agencies in need of a solution to launch their Hajj and Umrah booking service can take use of Systrix IT Solutions - a Travel Technology Company technologically superior and advanced booking engines. Would you like to start your own Umrah Booking Service? Here's some good news for those travel agents interested in arranging umrah trips in Saudi Arabia. More information about Hajj and Umrah trip bookings for your umrah service may be found here: https://www.systrixit.com/blog/