Uluslararası

Accounts Support TRNC

Our suite of accounting services can supply the entire back office function for any business. You can select our services individually or in any combination to build your perfect solution.

Complete outsourced accounts office this combines all our accounting services in a single package, allowing you to concentrate on your business while we take care of the back office essentials.

Management accounts and reports
We will craft our reports to your specific requirements, using your chosen performance indicators.

Project accounting and job costing
We can analyze your work in progress, sales orders, purchase orders, prepayments, accruals and payroll by job or project. Our reports come in the format you choose.

Systems analysis and design
We can identify weaknesses within your accounting systems and develop and implement solutions. Our experts are familiar with off-the-shelf accounting systems.

Credit control
Our professionals will follow your preferred credit control procedures.

Debt factoring
We offer sales invoice forwarding, accounts receivable, factor ledger and statement reconciliation services and can prepare management accounts for factoring.

Bank reconciliation
Our accountants will reconcile all your general ledger bank accounts with bank statements.

Accounts receivable
We can generate your customer invoices and automated statements.

Accounts payable
Our services include purchase order and invoice matching, BACS payments and supplier statement reconciliation.

General ledger maintenance
Our general ledger maintenance includes adjustments for prepayments, accruals, depreciation, payroll and balance sheet control account reconciliations. See how Scena benefited.

Fixed asset management
Our services include fixed asset register maintenance, asset account review, depreciation calculation and identification of profit and loss on disposal.

VAT returns
We can take care of your VAT registration, preparation and submission of returns, EU sales lists and Intrastat declarations.

Temporary cover
We can supply experienced accounting staff to deal with periods of absence, sickness, maternity leave and so on.

Talk to our Outsource Team
We will be delighted to discuss your outsourcing options, or answer any of your questions by phone, e-mail or in person. Call us now, or if you'd prefer us to call you back simply e-mail your details using the online contact form and we will call you to discuss your outsourcing requirements.

 

Company Formation

Whether you want an off the shelf company, a tailor made company, a Limited Liability Partnership we can help form the company for you. For urgent requests we can also arrange same day formations. Offshore companies in low tax territories can also be sourced for you. We take care of all the paperwork needed.

 

International Tax Planning

Almost every cross border transaction has a tax implication. It might be just filling up your car on the continent and obtaining a lower price because of the differences in duty and VAT rates between countries or you could be buying and selling properties in different countries or conducting international trade. Whilst filling your car up in another country is relatively straightforward and requires no specialist consideration, once a tangible presence is established in different tax jurisdiction to your own, tax issues become much more complex. This can often lead to unanticipated tax liabilities or missed opportunities for tax mitigation.

International tax planning is based on the fact that the tax laws of any country are generally restricted to its domestic economy. The tax authorities have a difficult time crossing borders but people and wealth can do so easily.

One of the most effective ways of reducing tax liabilities, whether personal or corporate, is to take advantage of generally lower business taxation regimes through the use of Company structures. Aggressive tax planning can take advantage of unintended legal or administrative loopholes. Maximum advantage can be leveraged in utilising the different tax rules between the client’s host country and the TRNC to ensure that all due tax benefits are exploited.

We can advise clients with all international taxation matters such as:

  • Worldwide taxation structures
  • Transfer pricing issues
  • Setting up of a foreign branch or subsidiary
  • Foreign tax legislation
  • Double taxation agreements
  • Tax efficient funding and extraction of profits
   

Trade Mark Registration

We provide professional services on trademark registration in North Cyprus.The registration procedures are carried out in timely manner and are closely monitored by our professional teams.

Trademark has huge intangible value for your company to differentiate from your competitors. Also, it is important to protect unauthorized people in using your trademark or similar name.
No matter your company is in Turkey,England or other countries in the world, we can always provide the most suitable services to meet your expectation in processing the trademark registration.
 

Establishing Business Overseas

If overseas expansion is in your company's strategic plan, you'll need experienced accountants and business advisers to steer you through the process. We help clients establish business operations all Overseas.

International expansion brings many new challenges and while different tax regulations and employment laws are critical, they're only the tip of the iceberg. Other considerations include double taxation treaties, exchange control regulations, different legal systems and structures, licences to apply for and import/export regulations.

Trusted, expert accountants and business advisers on the ground is vital when establishing a business overseas.we can effectively extend our services to most regions of the world and offer professional accounting, auditing, tax and a variety of consulting services in most countries.

We have been through a strict review procedure to ensure they maintain high standards - but we go one step further. To make sure that you find the right accountant and business adviser overseas, and enjoy consistently high levels of service, we have developed close links with a number of our fellow members with whom we work closely together. 

Our specialist international accountancy services include:

  • Auditor opinion on internal reporting and consolidation packs
  • Liaison with group auditors
  • Transfer pricing advice and enquiry negotiations
  • Group expansion into Europe
  • Establishing offshore group structures
  • International tax planning matters
  • Import VAT and duties
  • Tax issues in relation to employee secondments
  • Conversion to local GAAP or IFRS
  • Offshore trusts
  • Tax efficient repatriation of funds to and from the TRNC
   

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