Our international accounting & tax advisory services
Whether your business already has international offices or is planning a global expansion, BoardRoom can help you get all complex tax and accounting matters sorted.
- Chart of accounts setup
- Maintenance of accounting books and records
- International accounting standards reporting and advisory including IFRS, US-GAAP and local GAAP variants
- Real-time management reporting and financial analysis services
- Cost-centred budgeting and forecasts
- Consolidation accounting
- Compilation of group reporting package information
- Audit support and liaison
- Accounting processes and controls documentation
- Consolidation and accounting template development
- Accounts receivable management and invoice issuance
- Accounts payable and vendor query management
- Disbursement and treasury management
- Reconstruction of accounts, including clearing accounting record backlogs
- Clearance of suspense account items
BoardRoom simplifies global tax complexities, ensuring compliance while maximising tax efficiency for international businesses.
We can help with:
- Global tax reporting and compliance by developing effective tax strategies that incorporate the application of international tax treaties, ensuring compliance with international regulations, avoiding double taxation and enhancing overall tax efficiency.
- Corporate income tax filing including withholding taxes and international tax advisory services on tax developments, optimising corporate income tax strategies, minimising liabilities and ensuring corporate tax compliance.
- Tax risk management to proactively identify, assess, and manage tax-related risks associated with international operations, including developing and implementation of effective internal controls and governance frameworks.
- Direct and indirect tax solutions which can optimise your tax position, identify opportunities for savings, and ensure compliance with relevant regulations.
- Global mobility services to assist with tax planning and compliance for expatriates and international employees, including compliance with local and international regulations and strategies to optimise tax efficiency for both employers and employees.
- Global VAT and GST services by providing expert guidance on complex VAT and GST regulations across multiple jurisdictions, from registration, tax filing, compliance, and optimising your VAT/GST position to minimise costs and avoid penalties.
- Mergers & Acquisitions (M&A) by offering strategic advice on tax planning and compliance during transactions, minimising risks, and maximising benefits.
Transfer pricing is a critical component of international tax strategy. Our transfer pricing services provide the expertise needed to navigate this complex area and ensure compliance with global regulations.
We can help with:
- Offering expert transfer pricing advisory services, including developing and implementing transfer pricing policies that comply with international standards, negotiating Advance Pricing Agreements (APAs) with tax authorities to secure tax certainty, and conducting transfer pricing risk assessments to proactively manage and mitigate audit risks. Our services also include managing intercompany transactions effectively to ensure alignment with standards in multiple jurisdictions and reduce the likelihood of disputes.
- Assisting with preparing and maintaining comprehensive transfer pricing documentation to meet local and international requirements, which includes conducting benchmarking studies to support your pricing decisions.
- Providing support and representation to resolve transfer pricing disputes with tax authorities, efficiently managing these controversies and minimizing potential penalties.
Frequently Asked Questions (FAQs)
1. What is the benefit of outsourced international tax and accounting services?
Staying compliant is a task that countless businesses, small and large, get help from professional tax advisory and accounting firms like BoardRoom. On an international playing field, both the complexity and importance of compliance are only multiplied.
Our global accounting and tax services can help you gain a better understanding of your company’s finances, navigate tricky tax matters, and identify areas for further growth and cost-saving. All this is done to free up time for your own internal team to focus on growth directly.
2. Why is it important to maintain compliance?
Businesses, especially those operating internationally, run the risk of unintentionally filing tax or accounting reports incorrectly. To stay compliant is of utmost importance if you want to avoid hefty fines or worse for your business – potentially across several different jurisdictions.
3. What compliance challenges do international businesses face?
When expanding your business globally, there’s a long list of hurdles you will have to jump over to maintain compliance. Businesses operating with or without a representative office will have varying tax obligations, while some countries utilise a value-added tax (VAT) system that will need to be navigated as well. Beyond this, managing a global team when it comes to matters like payroll can become troublesome without the proper infrastructure.
International accounting and tax services can help with all of this. Please contact us for more information.
4. What makes BoardRoom an ideal partner for international accounting and global tax services?
There are several reasons why we are the right firm to work with if you are looking to expand your business internationally. Our strong presence in the APAC region, combined with our collaboration with Andersen Global, gives us a unique position to offer assistance to all our clients over the globe. Our diverse suite of international tax services covers all tax and accounting matters, payroll, corporate secretarial, and more.
Our years of experience in the field and industry-leading cloud accounting and finance technologies give us the tools we need to create personalised solutions designed to help your business succeed.
5. How can a global accounting & tax service firm like BoardRoom assist in my international expansion?
Our international accounting & tax services offer tailored solutions that help you navigate the intricacies of global finance regulations. With a focus on compliance, efficiency, and strategic tax planning, BoardRoom ensures your business remains resilient and agile worldwide.
6. What should I expect from an international tax advisor?
An international tax advisor from BoardRoom will provide expert guidance on tax compliance, strategy, and risk management. They optimise your business’s tax positions, help identify potential incentives, and support you with the tax aspects and complexities of cross-border situations and transactions.