Azma API provides a white-label platform for automating tax reporting for banks in Uzbekistan and Central Asia. Their system uses an AI agent to continuously monitor tax legislation changes and automatically calculate obligations like the 4% SHS rate. This solution streamlines the entire tax cycle from calculation to DSQ declaration, offering integration within three months.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions in Uzbekistan and Central Asia face challenges in accurately and efficiently managing simplified taxation system (УСН) reporting. This manual process is time-consuming, prone to errors, and requires constant monitoring of evolving tax legislation, leading to compliance risks and increased operational overhead.
Solution
Azma API offers a white-label platform designed to automate УСН reporting for banks in Uzbekistan and Central Asia. The platform integrates an AI-powered agent that continuously monitors changes in tax laws, ensuring up-to-date compliance. It automates the calculation of the 4% УСН rate and streamlines the entire tax reporting workflow, from calculation to declaration submission. This solution aims to reduce operational costs for banks and enhance their revenue streams by improving efficiency and accuracy in tax management.
Target Audience
The primary customers are banks and financial institutions operating in Uzbekistan and Central Asia that need to automate their simplified taxation system (УСН) reporting processes.
Features
- White-label API for seamless integration into existing banking applications.
- AI-powered agent for 24/7 monitoring of tax law amendments.
- Automated calculation of the 4% Simplified Taxation System (УСН) rate.
- End-to-end tax reporting automation, from calculation to declaration submission to the State Tax Committee (ГНК).
- Multi-channel access, including web portals and mini-applications.
- Advanced banking analytics for financial institutions.
- Compliance with Central Bank of Uzbekistan (ЦБ РУз) certification requirements.
- Secure, bank-grade security protocols.
- Rapid integration, with deployment achievable within 3 months.