The founders of the Russian restaurant-provider electronic document management service DocsInBox launched an accounting service of the same name in the United Arab Emirates. A DocsInBox representative informed RB.RU about this.
The same entrepreneurs are developing the YallaMarket delivery service and the YallaHub marketplace aggregator in Dubai.
Investments to enter the UAE market amounted to $100,000. In Dubai, the platform focused on “plain language accounting” and targets Russian-speaking entrepreneurs from Russia and the CIS countries doing business in the Emirates. The site and support are available in Russian and English.
DocsInBox allows you to maintain the tax declaration in accordance with local legislation, control transactions, balance, payroll and other options.
DocsInBox currently offers four pricing plans: Starter, Standard, Advanced, and Custom. The service fee depends on the number of transactions per month and starts from AED 499 (about 11 thousand rubles).
The electronic document management service between restaurants and suppliers DocsInBox appeared in Russia in 2015. With its help, entrepreneurs can exchange invoices with suppliers and control purchase prices. Among the founders are the co-founders of Dubai delivery service YallaMarket and marketplace aggregator YallaHub Leonid Dovbenko and Stanislav Seleznev.
On topic: Co-founder of Dubai delivery service YallaMarket set up startup with restaurant IT services
In 2019, DocsInBox has already entered the UAE market as a Tawreed service, a marketplace for HoReCa. During the 2020 pandemic year, DocsInBox’s revenue in Russia amounted to 141.8 million rubles, profit – 9.3 million rubles, but it was not possible to repeat the results of the Russian business in Dubai at that time.
Author:
anastasia mariana
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
