Accounting and Tax

Companies have a duty to keep their accounts and produce a number of documents annually to the relevant authorities. Our team has the required capabilities and skills to support you in keeping your accounting, as well as your tax, in accordance with the legal obligations in effect. Whatever your industry and the size of your company, our objective is to help you manage your business efficiently and effectively.

Accounting administration

• Preparation of customer invoices
• Sending statements and invoices to customers
• Payments to suppliers
• Opening of letters of credit and other banking instruments
• Other administrative services

General accounting

• Input of all the accounting documents (sales invoice, purchases invoice, cheques, etc.)
• Input of all depreciations
• Bank reconciliation
• Accounting for journal entries, including depreciation and other entries

Reporting

• Preparation of management accounts and dashboards on a monthly, quarterly or annual basis
• Cost accounting
• Preparation of the financial statements of the company as per International Financial Reporting Standards (IFRS)

Tax compliance

• Calculation and submission of the following declarations to tax authorities :
  • VAT
  • tax deduction at source
  • advance tax payments
  • annual corporate taxes
• All returns to be paid by the company
• Any other tax and accounting statement

Payroll Management

• Payroll preparation
• Preparing transfer instruction in respect of salary payment
• Preparation of “statement of Emoluments”
• Calculation and submission:
  • of the Pay-As-You-Earn (PAYE)
  • of the National Pension Fund (NPF) contribution
  • of annual return of employees