Saudi Arabia’s 2030 vision would ensure that all the economic branches will be prepared for a successful and prosperous future in the advancing global economic era. This has given us at Break Even the supportive environment to utilize our skills and long years of experience in accounting and financial counseling to provide our clients with outstanding services that would allow their businesses to thrive. We are eager to work with our clients to find the best solutions that meet their needs and ensure the long term financial growth, stability, and success.
Breakeven Establishment found that it is the right time at this rich environment to start its activities.
Our team with its extensive knowledge in financial counseling, accounting, taxation and Zakah are motivated to start and to be a real strategic partner supporting business and commercial endeavor and to provide innovative financial solutions to business needs in a highly professional way.
That is why we selected the name of our establishment to be Break Even to reflect the starting point of your projects transformation and permanent growth.
Our main focus is to build a working system on a perfect financial bases to be able to facilitate the financial process, so it could be included in the financial reports so it can be submitted to the decision makers. For that Break Even Establishment offers:
Financial structuring and restructuring.
Prepare the financial and accounting system and policies.
prepare the planning budgets.
prepare the internal financial lists.
prepare the financial analysis reports to evaluate the establishment performance.
prepare and control the computerized automated system.
Record the financial operations according to the Saudi Accounting Organization standards.
Prepare the periodical reports.
Execute the internal checking programs.
*Prepare the economical feasibility for any new projects or the expansion of existing one. Feasibility study is a study needed by project owners or investors for new projects. Also, it is necessary before starting or developing or expanding any project to determine whether it will be successful and if it can be achieved within the time frame allocated to it before starting and wasting a lot of efforts, time and money. Each project must have economic feasibility study to insure the investors whether it is profitable to execute this project or seek alternatives and this is the purpose of the feasibility study because it helps answering this question through the elements and data that the feasibility study includes. Our establishment offers with complete neutrality and fairness the facts and figures the way they are and as is to show the advantages and disadvantages of the proposed project beside studying all possible alternatives and scenarios before submit our opinion.
Evaluate the projects that are intended for owning or merging with.
Under the present economic circumstances and since most establishments intended and looking forward to expand its activities, the need for finance evolved. The utilization of the external financial sources will be excellent option and he will be temporary partner until overcoming the financial shortage. In Break Even Establishment we appreciate the customer financial needs and work to offer him the best alternatives available through:
Establishing financial connections with banks and financial companies.
Representing and negotiating in behalf of the customer with financing agencies.
To ensure that the national economic sectors reach its ambitions in locals and international competitions, it is necessary to Apply the principles of monitoring and performance at all the establishments whether it is small, medium or large even at the governmental sectors. For that Break Even Establishment offers suitable models for the different business through:
Evaluate the internal monitoring systems.
Prepare and implement the ideal monitoring systems.
We understand very well that commitment to follow the commercial rules and regulations such as paying zakah, paying income tax and applying the new sale tax rules and all newly implemented laws such as additive value tax is heavy burden for the small as well as the large businessmen and it may affect the concentration and performance of the administration in running the basic activities of the establishment. Since these taxes have prominent effect on the fund movement and it may cause disturbance in its payment or utilizing funds in proper way. Break Even Establishment through its expertise offer packages of solutions that are more suitable and helps the establishments and companies to deal with the additional value tax in a way that insure the smooth running of the business and focusing mainly on its commercial activities. Our services include:
prepare and submit zakah reports.
Prepare and submit the tax reports.
Take care of tax records.
Represent the agent at the income and zakah authorities.