Umm Al Quwain Free Trade Zone and Zoho Books partner to support SMEs

As part of its innovative mission to nurture entrepreneurship in these challenging times, Umm Al Quwain Free Trade Zone (UAQ FTZ) offers its registered businesses free access to Zoho Books to make accounting easier for SMEs. Zoho Books, an FTA accredited, VAT-compliant accounting solution, will offer its Professional Plan of Zoho Books free for a period of 6 months.

Prashant Ganti, Head of Product Management, Global Tax, Accounting, and Payroll solutions at Zoho Corp, said, “With this partnership, UAQ FTZ members will get access to an accounting system that will enable them to easily fulfil their tax obligations, manage their finances better and improve their cash flow by allowing them to accept online payments. This partnership will help us in forging a stronger relationship with the SME sector and strengthen our operations in the region."

UAQ FTZ has been supporting its 7000+ investors through innovative incentives which include rental holidays, license extensions and reduction in service fees to buffer the business impact of the pandemic.