Tax & Finance

1. FINANCE ACCOUNTING

Finance accounting is fundamental to understanding the up-to-the-minute status of your operations around the world. All processes must comply with local requirements as well as your expectations as an international business.

TSM provides Accounting, Bookkeeping, Payroll, Auditing and Tax Compliance services and outsourcing to small and medium sized businesses. Whether it is recording of your books from scratch, updating your books periodically, or maintaining them full-time, we provide you personalized and professional accounting services with experienced professional. TSM offers monthly or yearly Accounting, Payroll and bookkeeping including Financial Reporting services.

Depending on the industry, company and preference, we can work with customized accounting applications and web based bookkeeping and accounting software depending on the financial data given to us by clients.

Our finance accounting services typically include:

  • Bookkeeping
  • Income Statement (Profit & Loss)
  • Feasibility Study
  • Accounting System Setup
  • Bank Reconciliation
  • Controllership
  • Account maintenance
  • Asset management
  • Financial Reporting & Statements
  • Account Payable & Receivable
  • interface with invoicing and cash management
2. CASH MANAGEMENT

In international businesses, cash management demands a safe, reliable partner. TSM business process outsourcing services often include:

  • Cross-checking invoices, mailing invoices
  • Monitoring accounts receivable
  • Preparing dunning letters
  • Monitoring due dates and cash discount dates for accounts payable
  • Payment processing
  • Preparing and reviewing cash-flow statements
3. TAX COMPLIANCE

Efficient business processes must include a watertight system for meeting all your regulatory obligations in each local jurisdiction. This applies particularly to declaring and paying taxes, social security and other contributions, as well as to timely filing documents with public registers, and maintaining books and registers for local businesses. Our compliance services regularly include:

  • General Tax Consulting
  • Individual Income Tax Planning
  • Foreign Nationals & Expatriation
  • Corporate Taxation
  • International Taxation
  • Claims for Refund
  • Preparing or reviewing local annual accounts
  • Fiscal agency arrangements
  • Preparing periodic tax returns, corporate income tax, VAT/GST returns and filings