Software company for sale in Hyderabad! The business is ready to be transferred to a new owner.
An overview of a software company in Hyderabad
- Provider of electronic invoicing and VAT accounting solutions in the Kingdom of Saudi Arabia (KSA) and the United Kingdom (UK). The official portals of both countries recognize our product as a recognized software solution.
- Over 1,400 companies have signed up for our service.
- As the new electronic billing rule takes effect in December 2021 and will begin its second phase of implementation in January 2023, we are expanding rapidly in the Saudi market.
- As part of its Digital Tax Transition Bill, the U.K. made the use of certified VAT accounting software mandatory starting in April 2022. As a result, we now have subscribers from the UK as well.
- Automation and documentation are extremely important to us.
- With virtually no money spent on advertising of any kind, we have attracted all of our customers organically.
- We are a very scalable company with growth potential for both existing business and future service offerings, including cross-selling, current account management and other regulatory reporting services.
- The company has three shareholders: the co-founders each own 42.8 percent and the investor owns the remaining 14.3 percent.
- Physical assets owned by us include laptops, printers and phones are included in the sale price.
- Employees work remotely.
Buying an IT business in India will be a great investment of your funds! You can also see other offers in the category software.