...rotect assets, open new markets and improve business credibility**. Highly professional assistance is provided until the license is granted and after, in order to assure the stability of your business. Our turn-key business solutions also include accounting, audit and other financial services that may be required for client to sustain the business and stay compliant with local and international...
Path: Blog...t your traveling, capital goods, equipment and other expenses. When you work abroad and do not qualify for Foreign Earned Income Exclusion(FEIX), all your earnings should be displayed in the Schedule C. If you are a resident of the US during the accounting period – you have self-employment income and need to display it in Schedule C. The same procedure will apply even if you worked outside o...
Path: Blog... personal documents and taxes are payed according to them. However, every structure except sole proprietorship, require you to interact with tax authorities. It is important to know, that the bigger company is, the more you need to form financial or accounting department to deal with taxation matters. • Running the entity Different enterprises need to spend different running costs. It most...
Path: Blog... the first place. Sometimes only moving it abroad can help us achieve that goal. 2. Legal procedure of establishing and functioning differs in most countries. If you see that creating a foreign entity will be cheaper, easier and also taxation and accounting matters are better performed abroad, why hesitate? Sometimes your home is not the best place to conduct business and main task of Offshorel...
Path: Blog...id such penalties. In reference to the previously promised general service tax, plans have changed. There is a possibility of implementing a professional services tax. It is a payment for companies that provide consulting services, such as legal, accounting, business and others. Also, the tax will be limited to the services provided to Bermuda companies only. A very important part of the tax...
Path: BlogEntrepreneurs are constantly busy finding new cost-effective ways of doing business. accounting and bookkeeping are challenging for international business therefore more and more companies are choosing offshore outsourcing for these operations. Deloitte prognosed rapid growth of finance and accounting services outsourcing through next couple of years. That these actions are not core specializ...
Path: Blog...f desired, sometimes prohibitively so) for the breacher.” Simply put, they represent any agreement between parties that is stored on and executed by a blockchain (this is the most common conception). A blockchain is essentially a decentralized accounting ledger that uses a network of computers and cryptographical algorithms to track transfer of assets and secure the ledger from tampering. Fo...
Path: Blog...�и должны подавать годовые отчеты в Реестр компаний. Every company must to prepare its account and engage a Hong Kong Certified Public Accountant registered with HKICPA (the statutory body regulating the accounting profession in Hong Kong) to carry out an audit of the financial statements of the company. Каждая компания должна по�...
Path: Accounting