A corporation`s ability to effectively transition global strategy to efficient and effective local implementation is intrinsic to success in the global forum. Accounting Asia provides a broad spectrum of services to facilitate this activity.
Accounting Asia can provide the following establishment services:
Inefficiencies in the initial structuring of a new entity may hamper operations, inhibit growth and negatively impact profitability going forward. Accounting Asia offers professional advisory services regarding tax structuring and transfer pricing, and provides intuitive guidance regarding the type of local entity best suited to achieve the client’s goals. Our advice with respect to each clients business model, global and local strategies, company culture and priorities, is rationalized with factors unique to every locale such as taxation and labor regulations, business culture and common practice.
Establishment of local operations
Our support includes legal registration of the local entity, registered address services, and initial tax filings, as well as relevant filings with social and labor insurance agencies. We can also provide Representative Directorships ( also known as Independant Directorships ) to enable the client to optimize structural benefits and internal control in the new entity, and minimize risk.
Locating, attracting, retaining, and supporting the right people are pivotal elements in any global strategy. Accounting Asia provides consultation regarding the many issues relating to this valuable, yet vulnerable resource. Expert advisory is offered regarding contractual issues and employment regulations, provision and structuring of benefits, visa and immigration related issues. We can also assist with ongoing HR requirements such as recruitment, induction, contracts and agreements, disciplinary actions, and termination.
Transfer to a foreign posting can be a traumatic experience. Our localization services allow detached employees to seamlessly integrate into their new life in Asia. Based on extensive experience and local knowledge, we facilitate the identification and acquisition of short or long term furnished living and working space for expatriates, to ensure smooth transition to the new locale.
Ongoing Accounting, Payroll
Guided by ex-Big 4 Senior managers, staff with decades of hands-on experience provide fully customized and scalable services, executed in strict adherence to best practices. We leverage an intimate understanding of both local tax and labor laws, and the international agreements which relate to them, in order to optimally structure payments. Our total-solution services also include expense, invoice, and bank account management as well as monthly and annual reporting. By encompassing the entire spectrum of the accounting and compliance cycle, we empower clients to effectively structure, streamline, and control their operations.