Tax Refunds Assignment for Osho Chemicals Limited

Client: Osho Chemicals Limited
Project Title: Tax Refunds Assignment
Commencement Date: Ongoing
Service Scope: Tax Refund Processing, Cross-Border Tax Management, and Compliance

Overview:

Tomamoru is managing the Tax Refunds Assignment for Osho Chemicals Limited, a leading agrochemical company with branches in five East African countries: Kenya, Tanzania, Uganda, Zambia, and Malawi. The assignment involves handling tax refund claims across different jurisdictions, ensuring compliance with each country’s tax regulations, and expediting the refund processes through efficient documentation and follow-up with tax authorities

Objectives:

  • Streamline the process of claiming tax refunds for Osho Chemicals across five East African countries.
  • Ensure compliance with varying tax laws and regulations in each jurisdiction.
  • Maximize the company’s cash flow by optimizing the tax refund processes.
  • Reduce the waiting period for tax refunds through meticulous management and proactive engagement with revenue authorities.

Key Services Provided:

  1. Multi-Jurisdictional Tax Refund Management: Tomamoru manages tax refunds in Kenya, Tanzania, Uganda, Zambia, and Malawi, navigating the unique tax laws and filing requirements in each country to ensure successful claims.
  2. VAT and Income Tax Refund Processing: We handle the filing of VAT and income tax refund claims, ensuring that Osho Chemicals recovers eligible amounts in a timely and compliant manner.
  3. Compliance and Documentation Support: Our team provides full documentation support, ensuring that all necessary paperwork is prepared, submitted, and followed up, reducing the risk of delays or rejections in tax refund claims.
  4. Cross-Border Tax Advisory: Tomamoru offers advisory services to Osho Chemicals on tax strategies that can enhance refund eligibility and avoid common pitfalls in cross-border tax refund claims.

Impact & Results:

Through Tomamoru’s strategic handling of tax refunds, Osho Chemicals Limited has seen improvements in:

  • Reduced processing time: By ensuring proper documentation and prompt follow-ups, the waiting period for tax refunds has been significantly minimized.
  • Enhanced cash flow: Successful tax refund claims across all five countries have improved liquidity, allowing Osho Chemicals to reinvest in its operations.
  • Compliance consistency: Despite dealing with multiple tax jurisdictions, Osho Chemicals has maintained consistent tax compliance, avoiding penalties and maximizing refund opportunities.

Client Testimonial:

“Tomamoru has expertly managed our tax refunds across East Africa, making the process seamless and hassle-free. Their professionalism and deep understanding of the tax landscape in multiple countries have been invaluable to our operations.”
Osho Chemicals Limited Management

For more information on how Tomamoru can assist with tax refunds and cross-border tax management, feel free to [Contact Us]

Client
Osho Chemicals Limited
Date
August 24th, 2024
Services
Monthly Tax compliance assignment