Project Details
- Name:Tax Compliance Optimization for Green Energy Africa
- Category:Tax Advisory & Compliance
- Client:Green Energy Africa
- Location:Kampala, Uganda
- Share:
Tax Compliance Optimization for Green Energy Africa
Green Energy Africa, a renewable energy company, faced challenges with tax compliance due to complex regulations in the renewable energy sector. Ardenfield was engaged to streamline their tax strategy and ensure full compliance with local tax laws.
Project Overview:
Green Energy Africa, a renewable energy company, faced challenges with tax compliance due to complex regulations in the renewable energy sector. Ardenfield was engaged to streamline their tax strategy and ensure full compliance with local tax laws.
What Happened in the Project:
Ardenfield conducted a thorough audit of Green Energy Africa's tax filings and identified key areas for improvement. A new tax strategy was implemented, which included optimizing tax deductions for renewable energy investments and ensuring timely filings. This led to a 15% reduction in tax liabilities and improved relations with the Uganda Revenue Authority (URA). The client now enjoys smoother operations with a clear tax roadmap for future growth.