Accounting

  • Preparation of periodic management books
  • Preparation of annual financial statements in line with IFRSs
  • Preparation of consolidated financial statements for groups of companies
  • Analysis of bank accounts and reconciliation
  • Preparation and submission of tax declarations and arrangement for the payment of taxes
  • Registration of the company as an employer and each of the staff members to the Income Tax Office and Social Insurance Departments
  • Preparation of monthly payslips
  • Calculation of net monthly salaries with full confidentiality as well as tax, social insurance and other deductions that may apply
  • Arrange for monthly payments to employees and government authorities
  • Assist on the set-up and handling of provident fund
  • Assist on employment contracts and employment law issues
  • Ensure that all bank accounts are closed down
  • Ensure that no obligations do exist
  • Ensure that there are not any pending receivables or liabilities
  • Preparation of up-to-date financial statements
  • Ensure compliance with national tax legislation
  • Drafting of Corporate resolution document
  • Preparation of VAT declarations
  • Submission of VAT forms
  • Arrangement for the payment of VAT

In many jurisdictions, Financial Statements should be filed and audited every year. We can assist you in preparing the financial statements and/or consolidated financial statements according to the international accounting principles (IFRSs).