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Serene See, CEOBut, in a country that frequently changes taxation rules and incentive structures for taxpayers, achieving this vision is a task easier said than done. These changes often translate to a load of manual, tax-related work for accountants, auditors, and tax agents.
So, what is the secret sauce behind iBiZZCLOUD becoming the go-to-partner for more than 600 tax agents servicing more than 300,000 customers, including SMEs and personal income taxpayers.
The answer lies in the simplicity of its cloudbased tax computation solution, iBiZZtax Cloud that eliminates the complexities of taxation procedures, enables efficient tax submission, and minimizes operational costs.
iBiZZtax Cloud enables tax professionals to take a new perspective on their tax preparation work. It automatically updates whenever there is a change of tax laws and regulations. Tax professionals can simply log in to the system and complete their tasks from anywhere without worrying about the ever-evolving rules. The software’s in-built arithmetic functions and algorithms eliminate any unintentional human error that can occur while using Excel or manual tools. It also possesses the capability to integrate tax, secretarial, accounting, and audit modules to streamline the processes as a total solution. This is, undoubtedly, the first-of-itskind solution in South East Asia.
“We are Malaysia’s leading tax software service provider and rapidly expanding our business to the 15 members of the RCEP” says Serene See, the CEO of iBiZZCLOUD.
iBiZZCLOUD has strict practices and policies in place to ensure the security of the sensitive information it collects. This, in addition to reducing the chances of cyberattacks, improves the tax-collection efficiency of the government.
The robust features of iBiZZtax Cloud have made iBiZZCLOUD one of the most reliable and valuable tax service providers endorsed by many agencies in Malaysia today. For example, iBiZZCLOUD is endorsed twice by Lembaga Hasil Dalam Negeri Malaysia (LHDNM). The first endorsement was in 2016 for their capability to perform eBaS e-Filing which is the ability to support the submission of 20 company tax files at once. The second endorsement was in 2019 for the e-Filing submission method—e-Dts—through a web API. This allows users to transfer data and perform their tax filing within seconds.
iBiZZCLOUD plans to bring the same level of easiness to the tax professionals in 15 member countries of the Regional Comprehensive Economic Partnership (RCEP).
We are Malaysia’s leading tax software service provider and rapidly expanding our business to the 15 members of the RCEP
iBiZZCLOUD’s significant contributions to tax professionals in the accounting and taxation industry at large have been recognized many times. They have been appointed as the exclusive partner of MDEC as their digital coach for the 100 Go Digital campaign and have helped numerous SMEs on their digital transformation journey. This exclusive partnership is only offered to 8 entities out of the top 600 chosen Technology Solution Providers (TSP) for the SME Business Digitalisation Grant.
Going forward, iBiZZCLOUD plans to explore the field of AI technology to improve its solution. The company has already expanded its business to Indonesia and is also seeking potential development and collaboration opportunities in Vietnam, Cambodia, Thailand, China and Singapore.
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Company
iBiZZCLOUD
Management
Serene See, CEO
Description
iBiZZCloud’s cloud-based software enables professionals to take a new
perspective on their tax preparation work. I It automatically updates whenever there is a change of tax laws and regulations. Tax professionals can simply log in to the system and complete their tasks from anywhere without worrying about the ever-evolving rules
