The Pros and Cons of Incorporating Your Business for Taxation Purposes
Pros of incorporating your business for taxation purposes: Lower tax rates: Corporations
Tamer Alsrogy, the visionary leader behind EQCPA
Tamer Alsrogy: Founder of EQCPA
Tamer Alsrogy is a financial expert and the visionary founder behind EQCPA. With a distinguished business background spanning over two decades, Tamer has consistently demonstrated exceptional leadership, financial acumen, and a commitment to driving business success. His professional journey has been marked by significant achievements in diverse roles and industries, solidifying his reputation as a dynamic financial leader.
Achievements
During his seven-year tenure, he achieved remarkable milestones, including a staggering revenue growth of over 37%, culminating in record revenues of 170 million.
He efficiently restructured the Accounting and Financial Reporting System and overhauled the Treasury function. Some of his innovation projects include implementation of a new ERP and accounting system, ensuring full compliance with IFRS standards. Additionally, he took the lead in developing financial forecasts, pro-formas, and expertly analyzed actual vs. budget variances across the Group.
Through meticulous planning and execution, he strategically reduced the monthly close from a lengthy 20 days to a remarkable 4 days within the first year. Recognizing the need for real-time insights, Tamer introduced a dynamic dashboard to assist senior management in critical business reviews. He played a pivotal role in establishing key performance indicators (KPIs) for senior management to ensure alignment with Board requirements.
Managing Director at EQCPA:
Tamer’s passion for financial consultancy and his unwavering commitment to adding value to every business venture led him to establish EQCPA. As the Managing Director of EQCPA, he has steered the firm towards excellence in providing a comprehensive range of services, including Business Advisory, Internal Auditing, Tax Consulting, Corporate Finance, and Corporate Legal Services. Under his visionary leadership, EQCPA has assembled a dedicated team of experts and entrepreneurs committed to delivering specialized and business-oriented solutions. Clients, ranging from large multinational corporations to small and medium enterprises, benefit from EQCPA’s professional risk management and opportunity-driven consultancy services.
Tamer’s expertise extends across various domains, including Tax Preparation, Financial Statements, Generally Accepted Accounting Principles (GAAP), Finance, and much more. His rich experience spans a multitude of industries, such as Oil and Gas, Hospitality, Real Estate, Transportation, and the Stock Market. He is well-versed in Internal Audits, Auditing, Assurance Services, and Risk Management, offering a holistic approach to financial advisory and consultancy.
Tamer Alsrogy is not merely a financial expert; he is a visionary leader dedicated to making a profound impact on businesses, organizations, processes, and interactions. His career journey exemplifies a relentless pursuit of excellence, innovation, and the unwavering commitment to driving business success.
Pros of incorporating your business for taxation purposes: Lower tax rates: Corporations
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