ISFIN consolidates in Uganda

ISFIN ties with Hitesh Mehta & Co. to be a part of the emerging Uganda markets

ISFIN has teamed up with Hitesh Mehta & Co. as its exclusive audit and accountant partner in Uganda.

Prof. Laurent MARLIERE, CEO of ISFIN, says “Uganda is one of the fast growing economies in the African sub-continent. Statistics report that Uganda had a world GDP growth of about 2.5% in 2014 and is expected to keep up its growing trend to 3% in 2015. Furthermore, their world trade, which was around 2.5% in 2013, is expected to double its figures by 2015. ”

“Shari’ah compliance is not a term that is foreign to Uganda, be it in terms of halal food industry or finance. Uganda, having a Muslim population of only over 12% has further established that these markets benefit not only a particular section of the society, but also the society as a whole. As an inception, Uganda had started halal certifications in 2009 to increase the value of their products in the international market. Recently, understanding the importance of Islamic finance, Islamic banking had also been approved by Uganda’s cabinet earlier this year” adds MARLIERE.

Hitesh Mehta& Co’s head Hitesh Mehta says “As one of the leading Auditing and Tax consultancy firm in Uganda, our credentials has not only won us clients from within the country, but also foreigners, especially in areas of Business Process Outsourcing and Accounting Outsourcing. The numerous services provided by our firm including Tax Advisory, Bookkeeping, Payroll Processing, Auditing, Management Advisory Services, Information System and other related accounting services has further intensified our market reputation. ”

“Our firm approaches the practice of accounting from a unique perspective. We are using innovative and timely business solutions in all accounting requirements as opposed to traditional methods. We constantly improve our accounting practice by keeping ourselves abreast of the recent auditing, tax, business outsourcing and related accounting developments all the time. We are results oriented and client success is very important to us. We believe that keeping our clients fully informed is crucial to achieving desired business goals”adds Mehta.

Hitesh Mehta adds: “Three factors make us ‘special’ amongst our clients. They are professionalism, quality assurance and technical advantages. In terms of professionalism, by combining our expertise, experience, and the energy of our staff, each client receives close, personal and professional attention for the required accounting services. We make sure that every client is served by the expertise of our entire staff. In terms of quality, we have taken extra steps to assure that we meet the highest professional standards. Our primary goal as a trusted advisor is to be available to provide professional, educated and insightful accounting services to enable our clients to make informed business and financial decisions. We do not accept anything else from ourselves and this is what we deliver to our clients. In terms of technology, we could adapt to the requirements in online filling and payments of various Uganda government’s agencies. For management purposes, we are also capable of publishing financial statements over the internet in a secured location. Also, with the integration of our Information Technology knowledge and expertise in Accounting Services we assure a fast, accurate and reliable financial decision making for businesses.”

“Our partnership with ISFIN will give us the opportunity to address Islamic clients and to be the reference in this area for our clients,” adds Hitesh Mehta.

ISFIN is the world’s leading platform for law firms specializing in Islamic Finance, investments from and to the Muslim world and the Halal industry. The alliance covers more than 65 jurisdictions around the world.  ISFIN’s membership is composed of the most innovative and highly regarded independent law firms, audit & accounting firms and real estate companies in their field.

Contact Information:

Laurent Marliere, CEO ISFIN
+(32) 475422149                    
LM@isfin.net                             
www.isfin.net

Hitesh M. Mehta, Sole Practitioner, Hitesh Mehta & Co. CPA (U)
+256-712363380      
hitesh@hmmehta.com                        
www.hmmehta.com