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Bookkeeping

Businesses need to maintain accounting records, not only to support their own operational needs, but to cover local tax filings and regulatory reporting too. These records may need to be in the local language and format and maintained on a local accounting system or an adapted version of a Group ERP system.​

We can provide a full local accounting service that includes day-to-day bookkeeping, accounts payable, accounts receivable, cash management, and month-end and annual reporting.​

Our services can be tailored to suit your needs. You may, for example, need assistance with month-end close for group reporting using your global ERP system. Or in converting your own accounting records into a format suitable for local tax filings.​

Whatever your needs are, we can support you.

Financial Records Services

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The US Congress passed the Corporate Transparency Act in 2021 to create a beneficial ownership registry for US legal entities. The US Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has recently issued final regulations on the act. The regulations clarify who must file information, what information they must submit and when they must file. FinCEN’s new reporting requirements go into effect 1 January 2024.
Regulators, customers, investors and employees are demanding that environmental, social and governance principles drive how organisations operate and what they report on.
To take advantage of the global talent pool, companies are increasingly offering stock equity to attract and retain employees. The equity is usually awarded at a low cost in a pre-IPO phase, and in some cases involves globally mobile employees. Granting stock options to expatriate employees can introduce important tax obligations and risks in the home and host countries that are sometimes not fully understood by multinational employers.
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