Services
Essentially our practice is structured under the following divisions :
(a) Audit and Financial Services
(b) Management Consultancy
(c) Tax Planning and Consultancy Services
Audit and Financial Services
Management Consultancy Services
We understand the need to provide relevant and necessary management services to assist our clients in their business operation. Some of these include:
Tax Planning and Consultancy Services
The scope of our tax services is wide, ranging from the usual tax compliance work (returns and submissions) to assisting clients to identify tax planning opportunities and structuring business transactions to maximise tax advantages. We also advise clients on tax implications of certain business decisions and commercial transactions. Essentially, the scope of our tax work includes:
It has been our experience that there are many business areas that have potential for tax planning opportunities that have been neglected or not given adequate consideration especially among small and medium businesses. As such it is part of our professional practice that in the course of our work as statutory auditors, to alert our clients of any potential tax planning opportunities that we can assist them in maximising any tax benefits.
(a) Audit and Financial Services
(b) Management Consultancy
(c) Tax Planning and Consultancy Services
Audit and Financial Services
- statutory audit of public and private limited companies
- clubs, associations and societies
- certificate of exempt private companies
- specialised audit of solicitors and other forms of business partnerships
- purchase investigations and share-valuations
- financial advice on takeover of companies, restructuring, conversion of partnerships into limited companies, etc.
Management Consultancy Services
We understand the need to provide relevant and necessary management services to assist our clients in their business operation. Some of these include:
- provision of computerised accounting services such as monthly preparation of profit and loss account, cash-flow statements, etc.
- design of various types of accounting systems
- recommendation on improvements in internal control systems
- profit improvement and cost reduction studies
- project feasibility studies
- preparation of special reports such as profit and loss statements, cash-flow forecasts etc.
- advisory services on suitable types of business financing for various purposes, assets acquisition decision, assistance in loans applications
- assistance in various forms of business registration, application for business licenses.
Tax Planning and Consultancy Services
The scope of our tax services is wide, ranging from the usual tax compliance work (returns and submissions) to assisting clients to identify tax planning opportunities and structuring business transactions to maximise tax advantages. We also advise clients on tax implications of certain business decisions and commercial transactions. Essentially, the scope of our tax work includes:
- individual and corporate income tax computations and submissions. (These would include application for extension of time for submissions, installments and appeals)
- advisory services on tax implications on certain business transactions such as:
(i) disposal of assets of companies
(ii) almagamation, takeover of companies, mergers etc
(iii) investments - recommendation on improvements in internal control systems
- tax planning for corporations, partnerships and individuals. These includes employee–benefit scheme, group restructuring and reorganization, disposal of assets etc.
- real property gains tax
- sales tax and development tax
- share transfer tax
- estates and trusts
- available investment incentives (qualifying conditions, criteria, etc)
- customs duties
- assistance in application for tax exemption status/pioneer certificates
It has been our experience that there are many business areas that have potential for tax planning opportunities that have been neglected or not given adequate consideration especially among small and medium businesses. As such it is part of our professional practice that in the course of our work as statutory auditors, to alert our clients of any potential tax planning opportunities that we can assist them in maximising any tax benefits.
